ATO post-COVID expectations for businesses
The ATO has recently outlined its expectations for businesses post-COVID. Overall, it warns companies against [...]
ATO advises of PAYG instalment and company tax rate error
On 10 November 2020, the ATO advised that the recent reduction in the company tax [...]
Additional $250 Economic Support Payments on the way
Two additional Economic Support Payments of $250 each will soon be available to people who [...]
Coronavirus Supplement extended (but reduced)
The Federal Government’s Coronavirus Supplement has been extended for a further three months. The Supplement [...]
Digital AGMs and signatures: legislative determination
The Government has formally extended the ability for companies to convene annual general meetings (AGMs) [...]
SMSF asset valuations: concession during COVID-19
The ATO has advised that it will not apply a penalty for self managed super [...]
JobKeeper payments satisfy “work test” for super contributions
The Australian Prudential Regulation Authority (APRA) has published new guidance on the interaction between JobKeeper [...]
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 [...]