In this November 2021 update find a number of important taxation developments relating to gifts or loans from overseas, new data match program, Director Identification Number and extension of COVID-19 relied for SMSF’s.
Read MoreInsights & News Blog
This is our monthly blog containing insightful information on the latest tax, business, accounting and finance issues. Browse the sequential list of posts below, use the search function to find specific content and subscribe to have future posts emailed directly to you.
As of November 2021, all company Directors will need to apply for a director identification number (Director ID), as part of a new requirement implemented by the Australian Business Registry Services (ABRS). These requirements impact all company Directors including those of private companies and corporate trustees of family trusts, not just Directors of large or listed entities.
Read MoreIn this October 2021 update find insights and news relating to both Federal and State COVID-19 support developments, GST deregistration, stapled super changes and a new superannuation comparison tool.
Read MoreIn this September 2021 update find insights and news relating to ATO tax time rental property pitfalls, sharing economy reporting, single touch payroll phase 2 and superannuation changes for the 2021 financial year.
Read MoreThe revised Commercial Tenancy Relief Scheme Regulations 2021 (Vic) (Regulations) introduces temporary measures for retail and commercial landlords and tenants in response to the COVID-19 pandemic.
The Regulations are complex, with critical time limits for both tenants and landlords. The Regulations can also alter existing rent relief agreement. They apply from 28 July 2021 until 15 January 2022.
Read MoreTax Return Checklists to assist in collating the information required for us to prepare your 2021 tax return.
Read MoreThe Victorian Government has announced additional support for businesses most effected by the extension of the lockdown in Victoria.
Read MoreIn this August 2021 update find insights and news relating to changes to ATO tax time support for COVID-19 and natural disasters, hardship priority processing of tax returns, workplace giving vs salary sacrificing, increase in super guarantee and COVID-19 lockdown support.
Read MoreThe Federal and Victorian Governments have announced a range of further support programs for businesses and individuals who have been impacted by Victoria’s fifth lockdown.
Read MoreIn this July 2021 update find insights and news relating to temporary COVID disaster payments, freezing of private health insurance rebates, tax on cryptocurrency trading, ATO compliance for economic stimulus measures and personal use assets and collectables in SMSFs,
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