Your Knowledge July 2021

Inside this month, lock-downs and what help is available, the impact of the Government’s National Plan and business planning, and the positive and negatives of 6 member SMSFs.

Your Knowledge June 2021

Inside this month, what’s changing on 1 July 2021, work from home expenses under scrutiny and the perils of browsing facebook, and how insurance proceeds are taxed. ...

Your knowledge Federal Budget 2021-2022

  The 2021-22 Federal Budget is a balancing act between a better than anticipated deficit ($106 bn), an impending election, and the need to invest in the long term.   It is also a human budget (cynics would say voter focussed), with $17.7 billion dedicated to aged care, more money in the pockets of low income earners, the COVID vaccine rollout, $2 billion for mental health, a...

Your Knowledge May 2021

Inside this month, we look at the new lifetime Director ID regime and what it will mean to existing and new directors, the impending CGT exemption for granny flat arrangements, and the questions we get on SMSF expenses and investments that are not at arm’s...

Your Knowledge April 2021

Inside this month, the impact of the 1 July 2021 indexation changes to superannuation, increases to superannuation caps, why the profits of professional services firms are being targeted by the ATO, and JobMaker fails to make a dent on unemployment....

Your Knowledge March 2021

Inside this month, why some businesses are voluntarily returning JobKeeper to the ATO. We also look at an issue we would not normally cover – COVID-19 vaccinations and the workplace – but they are the questions we were asking ourselves. And, as the end of the FBT year approaches, a review of FBT with a focus on how COVID-19 has changed the ATO’s compliance approach....

Your Knowledge February 2021

Inside this month we explore the final phase of JobKeeper and answer the questions clients are asking right now, and detail the Apted case where a sole trader has won the right to access JobKeeper with a backdated ABN. Plus, we overview the new streamlined insolvency laws and answer the question, how to sell your business!...

Your Knowledge December 2020

Inside you will find; 2021 Risks & OpportunitiesThe extension of JobKeeper Deadlines for December declarationEarly Access to Super – Last chance!First JobMaker deadline loomsHomeBuilder & the housing industryExtended rules for writing off assetsCOVID-19 rules and regulationsAustralia’s relationship with ChinaCashflow Crunch...

JobKeeper 2.0 JobKeeper from 28 Septembe...

JobKeeper 2.0 starts on the 28th September, some businesses will need to reassess to continue receiving JobKeeper, and some businesses will need to apply to start receiving it. In our latest newsletter we cover the latest Government announcements. Read on for: Eligible Businesses (eligible employers; Business Owners; Decline in Turnover Test; Wage Condition)Eligible Employees...