Tax

Tax

Consider 25-year loans amid Div 7A uncertainty, says law firm

Tax practitioners need to factor in incoming proposed changes to Division 7A during 2020 tax planning, including...

11 June 2020 • By Jotham Lian

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Tax

A big thank you to all Accountants, Bookkeepers, Tax Agents and BAS Agents...

Promoted by Accountancy Insurance The Covid-19 pandemic has hit everyone hard but the accounting industry has been...

10 June 2020 • By Roman Kaczynski, Director – Accountancy Insurance

Tax

‘Cash is king’: Government suspends PAYG, GST indexation

Up to 2.2 million taxpayers are set to benefit as the government moves to suspend the indexation of PAYG and GST...

10 June 2020 • By Jotham Lian

Tax

Government won’t rule out early JobKeeper withdrawal

Finance Minister Mathias Cormann has refused to rule out other sectors being taken off JobKeeper early, following the...

10 June 2020 • By Jotham Lian

Tax

$150k instant asset write-off extended for 6 months

The $150,000 instant asset write-off has now been extended until the end of the year as the government looks to spur...

09 June 2020 • By Jotham Lian

Tax

‘Consult us first’: Government warned against hasty stimulus changes

Government consultation with the accounting profession is imperative ahead of further adjustments to the current...

09 June 2020 • By Jotham Lian

Tax

Small business ombudsman details major tax change wishlist

An overhaul of the superannuation guarantee regime and PAYG withholding obligations are just some of the major tax...

05 June 2020 • By Jotham Lian

Tax

Businesses warned ahead of JobKeeper review

A law firm has warned businesses to keep evidence of their eligibility for JobKeeper as the Tax Office begins its...

05 June 2020 • By Adrian Flores