18 November, 2020

SMSF Asset Valuations: COVID-19 Concessions

One of the many responsibilities of being a trustee for an SMSF is preparing financial statements and accounts for the SMSF every year. As a part of this reporting process, […]
12 November, 2020

JobSeeker COVID Supplement Extended But Reduced

In order to support the economy, the government has decided to extend the temporary JobSeeker COVID supplement for a further 3 months until the 31 March 2021, although at a […]
10 November, 2020

JobMaker: How Your Business Can Take Advantage

The Government has released details of what it calls its “JobMaker” hiring scheme. It will take the form of a payment to employers for each new job they create over […]
4 November, 2020

Lodge Your SAR On Time: ATO Reminder

ATO has reminded trustees of SMSFs with a lodgment due date of 31 October to lodge before the due date for their SMSF annual return (SAR). The 31 October due […]
2 November, 2020

New Corporate Residency Test: More Details

In the 2020 Federal Budget, the government announced that it intended to make technical amendments to clarify the corporate residency test. While the government has not provided further details, the […]
29 October, 2020

Ongoing Data-Matching Apprentices And Trainees

The Department of Education, Skills and Employment (DESE) has commenced a new data matching program with the ATO in relation to the Supporting Apprentices and Trainees (SAT) measure. The objective […]
27 October, 2020

How To Claim Your Work At Home Expenses

There are a lot more of us working from than ever before. So, can you claim all or some of the additional costs off your tax? There are 3 options […]
21 October, 2020

ASIC Warns Against Mislabeling Of Financial Products

In a bid to protect consumers that invest in managed funds, ASIC recently undertook targeted surveillance of some 37 managed funds operated by 20 responsible entities holding approximately $21bn in […]
19 October, 2020

Potential Changes To The Childcare Subsidy?

In the aftermath of Budget 2020, the Labor leader has been given a customary opportunity to outline his party’s vision for Australia in its Budget reply speech. The one proposal […]
16 October, 2020

Transition To Retirement Pensions

After a lifetime of working, are the green pastures of retirement calling? Perhaps you’re not sure whether you’d like to retire permanently and enjoy doing part-time or casual work? If […]