Insolvency reforms announced for small businesses
The Government has announced that it will introduce insolvency reforms to help small businesses restructure [...]
Small business tax options during COVID-19: ATO reminder
The ATO has reminded businesses impacted by COVID-19 that they have a range of tax [...]
Data-matching program: apprentices and trainees
The Department of Education, Skills and Employment (DESE) has commenced a new ongoing data-matching program [...]
JobKeeper decline in turnover tests: temporary trading cessation
An additional category for alternative “decline in turnover” tests is now available for the purposes [...]
Working from home “shortcut” deduction extended
The ATO advises that the “shortcut” rate for claiming work-from-home running expenses has been extended, [...]
Budget personal tax cuts and business concessions now law
Several tax announcements from the 2020 Federal Budget have now been passed into law. These [...]
Super guarantee amnesty now closed
The ATO has reminded employers that the superannuation guarantee (SG) amnesty closed on 7 September 2020. [...]
Super choice of fund and enterprise agreements
With recent changes to Australia’s superannuation law, the “choice of super fund” regime now extends [...]
ASIC grants hardship relief for withdrawals from frozen funds
The Australian Securities and Investments Commission (ASIC) has announced new relief measures for operators of [...]
Extended COVID-19 support and relief measures
JobKeeper The end date of the JobKeeper scheme has now been extended from 27 September [...]