What’s next on the agenda for the government?
With the election campaign finally over and a new government sworn in, many Australians will [...]
ATO’s COVID-related support for SMSFs
Because of the financial impacts of COVID-19, trustees of a self managed superannuation fund (SMSF), [...]
Movement at the FBT station: COVID-19 tests, car parking
FBT is generally seen as a relatively slow-moving and quiet area of tax law. But [...]
ATO urges vigilance: new TFN and ABN scams
The ATO is urging people and businesses to be vigilant following an increase in reports [...]
Federal Budget fuel excise reduction: will all businesses benefit?
The uncertainty around availability of fuel has seen fuel prices soar across Australia. The 2022–2023 [...]
Employees vs contractors: more clarity coming
For many businesses, the line between employees and contractors is becoming increasingly blurred, partly due [...]
Tax News and Updates May 2022
ATO ramping up debt collection activities After some two years of leniency, the ATO is [...]
Work test scrapped for super contributions: under 75s
From 1 July 2022, people aged between 67 and 75 will be able to make non-concessional [...]
Downsizer contributions: age limit change
To help those nearing retirement boost their super balances, people aged 65 and over can [...]
FHSS maximum releasable amount increased
The maximum amount that individuals can take out of their superannuation under the First Home [...]