As the JobKeeper program comes to a close, businesses should be aware that the ATO will continue to maintain the integrity of the scheme through compliance activities. While a majority […]
The ATO has recently updated its ruling on Personal Services Income (PSI) to incorporate a myriad of significant court and AAT decisions that have occurred since the original rulings were […]
It is estimated that around 70% of Australians with life insurance hold it through their super fund. Having insurance through your super fund is tax effective and has various advantages […]
As we move to a post-COVID world where borders, both domestic and international, start to open back up, the issue of deductibility of certain business travel expenses are again back […]
Has the ATO made a decision in relation to a tax matter that you don’t think is right or you’re not happy with? Remember, ATO decisions are reviewable and you […]
The ATO has reminded businesses that provide various services to lodge their Taxable Payments Annual Report (TPAR) for the 2019-20 income year. It estimates that around 280,000 businesses were required […]
In a bid to protect the super savings of Australians by weeding out underperforming super funds, the government is currently attempting to legislate requirements which will involve APRA conducting annual […]
As a part of the government COVID-19 economic measures to help small businesses avoid insolvency, in March 2020, the threshold at which a statutory demand could be issued to business […]
As a part of the government’s response to the recommendations of the Financial Services and Banking Royal Commission (Hayne Royal Commission), more reforms will be made to the financial services […]
