On 22 March the Government announced a second set of economic responses which, combined with the previous actions, total $189 billion across the forward estimates. The package provides timely support to workers, households and businesses through a difficult time in the light of the broader...
The Coronavirus outbreak not only affects people’s health and the health systems, it is also having significant economic implications. The Australian economy is already feeling the effects of the global Coronavirus outbreak. Tourist and student arrivals have been significantly lower than they were in late 2019,...
The ATO has alerted taxpayers to another scam where messages are texted to people asking them to click on a link and provide personal identifying information to receive a refund. To make the messages seem more legitimate, scammers are using technology that causes them to...
The ATO has announced various measures - bushfire relief to help businesses and individuals in local government areas impacted by the bushfires....
With effect from March 31 2020, APRA expects insurance companies to discontinue issuing any new contract where insurance benefits are not based on income at time of claim, including Agreed Value income protection policies....
The black economy involves dishonest and criminal activities that happen outside the tax system. It encompasses many elements, from the under-reporting of income and non-payment of superannuation through to serious criminal activities such as money laundering, illicit tobacco and the illegal drug trade. By avoiding their tax...
Needing expert advice on how to reach your financial goal? It might be a bit overwhelming to acknowledge the challenges that come with taking control of your finances. But there’s no need to worry, as long as you know who you should call for help. Let’s first...
The 2019 Winter Edition of our SMSF Newsletter has arrived, click HERE for your copy. _______________________________________________________________________________ Highlights in this edition include: New Contribution Rules - the catch-up contribution rules and new work test exemption now apply ATO Update - New ATO guidance for reversionary pension recipients Trustee...
Please click on the link for the June 2019 edition of TaxWise - Business News. TaxWise Business News is a quarterly newsletter, which will keep you updated on important tax matters that may affect you or your business. The highlights in this edition: Coalition's tax policies: How do...
Please click on the below link, you will be directed to the Autumn edition of our SMSF Newsletter for 2019 2019 SMSF Newsletter - Autumn The HIGHLIGHTS in this edition: Year-End Planning - With 30 June 2019 approaching, ensure that year-end planning and administrative issues are in hand ...