Early Release of Superannuation on Compassionate Grounds
One aspect of the Australian Government’s stimulus package was allowing individuals adversely affected by the economic effects of the Corona [...]
JobKeeper Payment
The Government has announced a further round of economic stimulus measures with the main focus being on providing income support [...]
Second Coronavirus stimulus
As the Governments initial outlook on the economy has deteriorated from the original ‘Stimulus Package’ announcement on 12 March 2020, [...]
Coronavirus Stimulus Package
Today the government announced their Coronavirus Stimulus Package totalling $17.6 billion. The Coronavirus stimulus package aims to protect the economy, [...]
2019 Tax Planning – Businesses
Cash flow is incredibly important to all businesses and cash flow dictates what a business can and cannot do. One [...]
2019/2020 FEDERAL BUDGET HIGHLIGHTS
The Federal Budget handed down last night by the Treasurer Josh Frydenberg has generally been agreed to be a [...]
SINGLE TOUCH PAYROLL – New legislation
Legislation passed on Tuesday 12 February 2019 now requires employers with 19 or less employees to use Single Touch [...]
DIVISION 7A – PROPOSED CHANGES
Division 7A of the Income Tax Assessment Act 1936 (ITAA 1936) sets out the rules pertaining to how a loan, [...]
LONG SERVICE LEAVE – CHANGES TO ENTITLEMENTS IN VICTORIA
With effect from 1 November 2018 there are new rules governing long service leave (LSL) entitlements for employees within Victoria [...]
VICTORIAN GOVERNMENT’S VACANT RESIDENTIAL LAND TAX
Unlike the Federal Vacancy Tax, the Victorian Vacant Residential Land Tax (VVRLT) is not limited to foreign residents. It is [...]