- 5 Apr, 2021
JobKeeper: compliance and repayment
With the JobKeeper program officially coming to a close, the payment that has supported more than 3m workers as its height and around 1m in the most recent quarter has…
Read More- 8 Mar, 2021
ATO investigates fraud: early release of super
If you’re one of the 2.4m Australians who has taken advantage of COVID-19 early super release, beware as the ATO is investigating fraud and schemes related to this measure. In…
Read More- 19 Feb, 2021
Superannuation guarantee loophole closed
A superannuation guarantee loophole that allowed employers to use salary sacrificed contributions to make up part of their required super guarantee contributions has been closed. From 1 January 2020, employers…
Read More- 8 Feb, 2021
JobMaker: how your business can take advantage
If your business is thinking of hiring new staff, now is the time, the Government will pay employers a subsidy of sorts for each eligible young worker employed over the…
Read More- 28 Oct, 2020
Budget 2020 – what’s in it for my business?
In his second Budget, the Treasurer, Josh Frydenberg has unleashed $300bn to support the economy and get growth back on track. With Australia’s unemployment rate at a 22-year high, it’s…
Read More- 15 Oct, 2020
Budget 2020 – what’s in it for me?
The government has handed down its big spending budget in a bid to revive the economy. In terms of individuals, as expected, the government has confirmed that it will bring…
Read More- 23 Jul, 2020
JobKeeper 2.0 – the future of JobKeeper
The Government today announced the future of JobKeeper and JobSeeker along with other income support measures. For JobKeeper, current arrangements will generally remain the same until 27 September 2020. From…
Read More- 10 Jun, 2020
HomeBuilder: What is it and how do you access it?
The Government has announced grants of $25,000 to encourage people to build a new home or substantially renovate their existing home. The HomeBuilder scheme targets the residential construction market by…
Read More- 25 May, 2020
Foreign residents and the main residence exemption
Laws limiting foreign residents’ ability to claim the CGT main residence exemption are now in place. This means that if you’re a foreign resident at the time of disposal of…
Read More- 29 Apr, 2020
Scam targeting natural disaster victims
A scam targeting vulnerable disaster victims has reared its ugly head. If you receive a SMS that supposedly gives you an 8% bonus on your tax return, the best course…
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