Your Knowledge November 2021

Inside this month, we work through the process, timing and issues for establishing a Director ID under the new Director Identification Number regime that came into effect on 1 November. And, we incorporate the latest guidance from the ATO in our summary of the commonly asked questions about investing in...

Your Knowledge October 2021

It won’t be long before we can stop talking about COVID-19 (won’t that be nice) but for now, with the Treasurer’s announcement that Commonwealth COVID-19 financial support will start to be withdrawn from 70% full vaccination and cease at 80%, that time is not...

Your Knowledge September 2021

Inside this month we look at the process of unwinding the pandemic for a return to “normal”. And, the new law that enables the ATO to share superannuation information with the family court during divorce proceedings and the superannuation gender...

Your Knowledge August 2021

Inside this month we look at Afterpay’s sales announcement (and the tax treatment of their shares if you happen to hold any), because we’re all a little curious about how you start a business in 2015 then sell it in 2021 for $39bn...

The JobMaker Hiring Credit

What is JobMaker?; JobMaker Eligibility; Who is NOT eligible for JobMaker?; How to register for JobMaker?; How is baseline headcount and payroll calculated?; How is the “20 hours per week” requirement calculated?; Scenario: Hiring an eligible employee partway through a JobMaker period; Calculating JobMaker claim; Headcount increase ; Payroll Increase; Key JobMaker dates...

Your Knowledge November 2020

Our November newsletter discuss about what has been announced so far in the 2020-21 Federal Budget. JobMaker Hiring Credits (what it is & when do the credits start, How to access it), Tax deductions for investing in your business, Refunds for tax losses and more.....

Road to Recovery? Budget 2020-21 Update

What a week, JobKeeper updated and last night the Federal Budget. The 2020-21 Budget impacts every Australian, and our newsletter divides the budget into what is relevant to you. The aspects explored are You, Your Super, a section for Employers and Business Owners and various...

Your Knowledge October 2020

Relative to last week, this months’ newsletter leads us to the next steps for those who still qualify and those that are no longer eligible.    The impact of Covid-19 on businesses around Australia is varied, fortunately here in Perth, Marsdens and other businesses are able to meet with clients face to face, whereas illustrated on the first page of the newsletter...

Your Knowledge 2020 September

Find Inside • Has COVID-19 devalued your business? • Forecasting during a pandemic • Question of the month – My business received a Government grant. Do I pay tax? • 14 Sept JobKeeper Alert. Click here to access our...

TAX MATTERS EDITION 36 – 2020

Tax Matters, a newsletter aimed at informing you about the best tax strategies for you and your business. In this edition, we talk about division 7A and private loans, TPAR, CGT rollover in a divorce, help for businesses and individuals, government funding for businesses, home office questions, COVID-19 and...