The Contribution caps for both concessional and non-concessional contribution increase by $2.5k and $10k for concessional and non-concessional contribution from 1 July 2021.
The new ...Read MoreRead More
Under the Business Costs Assistance Program, eligible small businesses, including sole traders, with an annual payroll of up to $3 million can receive a one-off grant of $2000, whether they...Read MoreRead More
The NSW Government has set out new provisions for build-to-rent housing, and tax concessions for build-to-rent property.
NSW Treasurer Dominic Perrottet says, “We’ve levelled the pl...Read MoreRead More
The NSW Government has extended stamp duty relief for eligible purchasers until 31 July 2021. Under the temporary changes the cap on the value of new homes at which stamp duty exemptions a...Read MoreRead More
The NSW Government has set out new provisions for build-to-rent housing, and tax concessions for build-to-rent property.
NSW Treasurer Dominic Perrottet says, “We’ve levelled the pl...Read MoreRead More
The following Tax Rulings and Practical Compliance Guidelines have been issued:
TR 2021/1 — Income tax: when are deductions allowed for employees’ transport expenses?
TR 202...Read MoreRead More
JobKeeper is still open to new and existing participants until the end of the March 2021.
The ATO has advised that employers looking to enrol in JobKeeper should phone the ATO first on 1...Read MoreRead More
The ATO has released details of the 3 options that small employers with closely held payees will have for STP reporting purposes from 1 July 2021.
Small employers (ie those with 19 or f...Read MoreRead More
The ATO has confirmed items such as gloves, masks, sanitisers and anti-bacterial spray given to employees to help protect them from contracting COVID-19 while at work are exempt from FBT u...Read MoreRead More
The ATO has launched a campaign focusing on withholding tax obligations on interest expenses paid overseas for the 2018 and 2019 income years.
Taxpayers who have paid interest to a non-...Read MoreRead More
