Small business CGT concessions
November 19, 2020 7:51 am Leave your thoughtsBusinesses receive four different types of concessions on top of CGT exemptions and rollovers which are available to everyone. These... View Article
Categories for tax
How are investments taxed?
November 5, 2020 11:47 am Leave your thoughtsInvestment income needs to be included when conducting tax returns. This includes any income acquired through interest, dividends, rent, managed... View Article
PAYG instalments for business and investment income
October 29, 2020 2:35 pm Leave your thoughtsPay as you go (PAYG) instalments are payments you can make throughout the year to avoid accumulating a large tax... View Article
Tax relief for individuals
October 22, 2020 8:28 am Leave your thoughtsThe Federal Budget for 2020 announced personal and business tax relief through various tax cuts. The legislation was approved by... View Article
Basics of fringe benefits tax
October 15, 2020 8:42 am Leave your thoughtsWhat are fringe benefits? Employees may opt to make an agreement with their employers that provides them with fringe benefit... View Article
Changes to the super system
October 7, 2020 4:32 am Leave your thoughtsThe Budget seeks to address various shortcomings in the superannuation system Unintended multiple accounts One of the consequences of changing... View Article
Insolvency reforms to support small business
October 7, 2020 4:32 am Leave your thoughtsThe government recognises that despite support to get through the COVID-19 outbreak, not all businesses are going to remain viable.... View Article
Upskilling Australia
October 7, 2020 4:31 am Leave your thoughtsThe Budget highlights the government’s commitment to getting people back in jobs and upskilling Australians. The JobTrainer Fund which falls... View Article
Lower taxes for businesses and individuals
October 7, 2020 4:31 am Leave your thoughtsThe Budget seeks to promote tax reform and simplification in an effort to support business investment and help reduce the... View Article
JobMaker Hiring Credit
October 7, 2020 4:31 am Leave your thoughtsJob losses have been extensive during the COVID-19 pandemic and the JobMaker Hiring Credit will give businesses incentives to take... View Article