Blogs
Tax planning considerations are as important as ever
Taxation and Compliance
With the end of the 2021 financial year drawing closer tax planning considerations are as important as ever. The government have introduced…
By Caitlin Fruk
GST on imported services and digital products
Taxation and Compliance
Australian goods and services tax (GST) applies to sales of imported services and digital products to Australian consumers. Organisations…
By Cheryl Hindshaw
Jobmaker Hiring Credit
Business Advisory
The Job maker hiring credit is an incentive for employers to employ young job seekers aged between 16-35 years. It is available to the…
By Zeel Tanawala
Post JobKeeper Stimulus package
Business Advisory
There are a couple of measures announced during the week by the Morrison government as post JobKeeper stimulus package worth $1.2 billion…
By Jun Yang
Government extends apprenticeship wage subsidy scheme
Business Advisory
The Government is extending and expanding the Supporting Apprentices and Trainees wage subsidy under the Boosting Apprenticeship…
By Kamil Qureshi
Professional Services Practices – ATO’s View on Treatment of Profits
Taxation and Compliance
The ATO recently release updated guidance (PCG 2021/D2) on their view of the treatment of profits earned by professional practices, in…
By Jason Cordner
Cryptocurrency – ATO’s “Good faith” approach won’t last much longer
Business Advisory
While it has been expected for a while that the ATO would start to ramp up the auditing around cryptocurrencies, it has yet to put the…
By Shaun Ralph
Increase in Super Caps from 1 July 2021
Self Managed Super Funds
Concessional and Non-Concessional Contribution Caps From 1 July 2021, the concessional and non-concessional contribution caps are set to…
By Elsa Howarth
Do you have apprentices and trainees?
Business Advisory
Do you have apprentices and trainees? Wage subsidy for of 50% of an eligible apprentice or trainee’s wage If you have apprentices or…
By Linda Bergesen
JobKeeper Extension
Business Advisory
JobKeeper extension 2 starts from 4 January 2021 and it runs till 28 March 2021. Eligible employers must submit the new turnover decline…
By Jun Yang
JobMaker Hiring Credit - what it is and who is eligible to apply?
Business Advisory
The JobMaker Hiring Credit was introduced by the Australian Government to provide incentive for employers to hire young job seekers by…
By Kamil Qureshi
Research and Development Tax Incentive
Research and Development (R&D) Entitlements
The Research and Development tax incentive encourages companies to engage in Research and Development benefiting Australia, by providing a…
By Shaun Ralph