NEWS

16 October, 2020

Transition To Retirement Pensions

After a lifetime of working, are the green pastures of retirement calling? Perhaps you’re not sure whether you’d like to retire permanently and enjoy doing part-time or casual work? If […]
12 October, 2020

Budget 2020 – What’s In It For My Business?

The Treasurer has handed down his second Budget amid challenging economic conditions, it is perhaps no surprise that in a Budget “all about jobs” that there would be plenty of […]
9 October, 2020

Budget 2020 – What’s In It For Me?

The 2020 Budget has been handed down and as expected, the government has brought forward the previously legislated stage 2 tax cuts from 1 July 2022 to 1 July 2020. […]
5 October, 2020

Helping Hand From The ATO For Struggling Businesses

With the country officially in recession, the ATO is getting ready to help businesses that are struggling due to the economic downturn caused by COVID-19. It expects that for the […]
2 October, 2020

State Governments’ Further COVID-19 Support

With the ongoing nature of the COVID-19 pandemic continuing to affect the economy along with the effect of border closures, it is no surprise that many state governments have opted […]
23 September, 2020

Flexibility For SMSF Membership Coming Soon

The government has recently reintroduced a Bill to Parliament that proposes to increase the maximum number of allowable members from 4 to 6. The contents of the Bill were previously […]
21 September, 2020

Bankruptcy Concessions Extended For 3 Months

The Federal Government has announced that it will extend the special rules applying to bankruptcy actions and director personal liability claims. The rules were implemented in March to prevent a […]
16 September, 2020

One Simple Change To Reduce Car FBT Liability

With people spending more time at home than ever before, one unintended consequence is the garaging of work cars at home which may lead to FBT obligations for the employer. […]
14 September, 2020

End Of Super Guarantee Amnesty: What’s Next?

The government’s super guarantee amnesty has now officially ended. If your business applied to the ATO and the application was received on or before the cut-off date of 7 September, […]
9 September, 2020

Frozen Managed Fund? Help Is Here!

With the COVID-19 pandemic affecting all aspects of the economy, it is not surprising that some managed funds have suspended or cancelled the ability of investors to withdrawal their money. […]