News
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Last chance to access COVID-19 early access to super
31 December 2020 is the last day you can apply to access your superannuation early under the COVID-19 early access measures. The ATO has warned
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Extended December JobKeeper deadlines
The ATO has extended the JobKeeper monthly business declaration deadline for the month of December until 28 January 2021 (from 14 Jan 2021). This applies
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Budget 2020-21: Personal Income Tax Cuts Explained
Date of effect: 1 July 2020 As widely predicted, the Government has brought forward stage 2 of its planned income tax cuts by two years.
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Refunds for Tax Losses
If your company has made a loss, you may be able to claim a tax refund for tax previously paid on profits. In the 2020-21
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Tax deductions for investing in your business
Stimulating investment is high on the Government’s agenda. To encourage spending, the 2020-21 Budget introduced a measure that allows businesses with turnover under $5bn to
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JobMaker Hiring Credits: What We Know So Far
We’ve had quite a few questions about the JobMaker hiring credit announced in the 2020-21 Federal Budget. The legislation enabling the JobMaker scheme has not