14 June, 2020

Don’t Forget The Instant Asset Write-Off

With businesses all around the country starting back up after the COVID-19 pandemic, many, including the federal government are hoping to trade their way out of a potentially prolonged recession. […]
1 June, 2020

Government Contracts And The STR

With the Federal government planning to ramp up infrastructure spending to get the economy going with “nation building” projects, the opportunity is ripe for businesses to take full advantage and […]
17 May, 2020

JobKeeper: ATO Compliance On “Schemes”

The ATO has released its practical administrative approach to businesses claiming the JobKeeper payment. Generally, it notes that it would only apply compliance resources to what would amount to a […]
4 May, 2020

Directors’ Duties: Coronavirus Safe Harbour

As a part of the government’s coronavirus economic response package, a provision was inserted into the Corporations Act 2001 to provide temporary relief (safe habour) for directors of financially distressed […]
28 April, 2020

Steps To Claim The JobKeeper For Businesses

If your business is one of the tens of thousands of businesses to register for the JobKeeper payment early, there’s good news, claims for the payment is now open. There […]
20 February, 2020

New Measures To Combat Illegal Phoenixing

[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] Many of you have heard of illegal phoenixing but are not sure of what exactly it encompasses. While there is no legislative definition […]
5 February, 2020

ATO Scrutiny On Car Parking Fringe Benefits

[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] The ATO has started contacting certain employers that provide car parking fringe benefits to their employees to ensure that all FBT obligations are […]
25 November, 2019

Debt Forgiveness Due To Love And Affection

[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] Private companies that pay amounts of money, make loans, or forgives debts of shareholders or associates of shareholders, may be subject to Div […]