In this issue; Update your ABN ... or miss out!, Vehicle benefit FBT treatment changes under COVID-19, A hand up for small businesses on cash flow, Unexpected lump sum payment arrears ? There's a tax offset for that!, Taken goods for private use ? Here's the latest values, New Director Indentification Number regime may be just around the corner and The SMSF sector has been growing by $62,400 every minute. Download the PDF newsletter
In this issue; JobMaker hiring credit: What you need to know, Single Touch Payroll: When your reporting can cease, Getting a tax valuation from the ATO and Natural disasters and help with your tax. Download the PDF newsletter
In this issue; A run-down of the new loss carry back measure, Calling time out on your business? Some essentials you'll need to know, Small business CGT concessions: Goal posts moved on vacant land and active assets, ATO takes aim at 'you-scratch-my-back' auditing arrangements, Claiming interest expenses for rental properties, What is a recipient created tax invoice? Download the PDF newsletter
In this issue; What the "full expensing" write-off deduction means for business, Both tax and SMSF audits are still on ATO's radar but some leniency given, ATO's cyber safety checklist, The investment option that can hide unexpected GST, Rounding of GST where fractions of a cent result.Download the PDF newsletter
In this issue; JobKeeper rules, conditions and payment rates have changed, New data matching programs initiated by the Federal Government, Fears of Div 7A danger from COVID-relaxed loan repayments unfounded, Electronic execution of documents during COVID-19, SMSF regulations to allow six members under new legislation.
In this issue; COVID-19 payments and some issues for companies and trusts, COVID-19 and trust liquidity issues, Where you stand with vehicles and the boosted instant asset write off, COVID-19 and SMSF rental relief.
In this issue; The JobKeeper scheme gets an update, plus an extension, Has your super fund got you covered for insurance? with COVID-19...maybe not. Early release of super extended, Rental property: Tax approach adjusts for COVID-19, Claiming a deduction for transport expenses when carrying bulky equipment. Download the PDF newsletter