13 May, 2021

2021 Federal Budget: Special Edition

PERSONAL TAXATION Personal tax rates unchanged for 2021–2022 In the Budget, the Government did not announce any personal tax rates changes, having already brought forward the Stage 2 tax rates…

28 Apr, 2021

Steps to get a deduction for bad debts

April 2021 has become a closely observed month with many of the government’s COVID-19 economic supports coming away. As with the wind down of any stimulus, there’ll be inevitable business…

14 Apr, 2021

Casual Employment Information Statement

Under recent changes to the Fair Work Act, small business employers need to give their existing casual employees (employed before 27 March 2021) a copy of the Casual Employment Information Statement (CEIS)…

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…

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…

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…

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…

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…

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…

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…