2022 – 2023 Federal Budget
On Tuesday, 29 March 2022, Treasurer Josh Frydenberg handed down the 2022-23 Federal Budget. In an election Budget, the Treasurer [...]
Superannuation Update
1. Contribution Rules Currently, if you are between 67 and 74 years of age your ability to make superannuation contributions [...]
Allocation of Professional Firm Profits – ATO Compliance Approach
The ATO have now published Practical Compliance Guideline (PCG) 2021/4 that deals with the ATO’s compliance approach to the allocation [...]
Director ID
As of November 2021, all company Directors will need to apply for a director identification number (Director ID), as part [...]
2021 – 2022 Federal Budget
Individuals The 2021 - 2022 Federal Budget was handed down last night and it has been described as a labour [...]
2020 – 2021 Federal Budget – Individuals: What is in it for you?
The October 2020 Budget was being built up by many as a budget for the ages. In reality there was [...]
2020 – 2021 Federal Budget – Businesses: What is in it for you?
While the Government has invested a significant amount of money through JobKeeper to encourage and assist businesses to maintain its [...]
Victorian Business Support Fund
Over the weekend the Victorian Government released details of another round of the Business Support Fund to assist ease the [...]
Extension of the JobKeeper Scheme
The Government announced on 21 July 2020 that they will be extending the JobKeeper scheme for another six months. Payments [...]
2020 Tax Planning Businesses
2020 has been a difficult year for Australian businesses across all sectors when you consider that we started with a [...]