Tax time 2021: rental property pitfalls
Rental property owners beware, this tax time, the ATO will be expanding the rental income data collected directly from third-party …
Are State/Territory COVID-19 grants assessable?
After another challenging year, businesses may be wondering whether the amounts they’ve received from governments as various COVID-19 recovery grants …
New sharing economy reporting regime proposed
As the sharing economy becomes more prevalent and fundamentally reshapes many sectors of the economy, the government is scrambling to …
Get ready for tax time 2021
While the ATO annual statistics releases are usually quite dry and technical, it does give a nice insight into why …
Using the margin scheme on property sales
With the property market booming despite low wage growth and the after effects of the pandemic, many developers are getting …
Budget 2021: what’s in it for me?
As is tradition, the second Tuesday in May saw the Treasurer, Josh Frydenberg handed down the 2021-22 Federal Budget, his …
Benefits of family trusts
Many of you have heard of family trusts, but perhaps don’t know too much about their benefits and how they …
How to make most of your salary
With real wages not tipped to grow for a while, there is still a way that you can make the …
Data-matching program: online selling
Online sellers beware, the ATO has extended its current data-matching program for another 4 years to ensure that businesses and …
JobMaker Hiring Credit: is it right for your business?
With the other government COVID-19 economic supports such as the JobKeeper and JobSeeker winding down in the next few months, …
JobMaker Hiring Credit: is it right for your business? Read More »