Inside this month, lock-downs and what help is available, the impact of the Government's National Plan and business planning, and the positive and negatives of 6 member SMSFs.
Inside this month, what's changing on 1 July 2021, work from home expenses under scrutiny and the perils of browsing facebook, and how insurance proceeds are taxed.
The 2021-22 Federal Budget is a balancing act between a better than anticipated deficit ($106 bn), an impending election, and the need to invest in the long term.
Inside this month, we look at the new lifetime Director ID regime and what it will mean to existing and new directors, the impending CGT exemption for granny flat arrangements, and the questions we get on SMSF expenses and investments that are not at arm’s length.
Inside this month, the impact of the 1 July 2021 indexation changes to superannuation. Why the profits of professional services firms are being targeted by the ATO, and JobMaker fails to make a dent on unemployment.
Inside this month, why some businesses are voluntarily returning JobKeeper to the ATO. We also look at an issue we would not normally cover - COVID-19 vaccinations and the workplace - but they are the questions we were asking ourselves. And, as the end of the FBT year approaches, a review of FBT with a focus on how COVID-19 has changed the ATO's compliance approach. Finally, the Bain & Co research that shows the pandemic has broadened the productivity gap between top performing companies and others.
Inside this month we explore the final phase of JobKeeper and answer the questions clients are asking right now, and detail the Apted case where a sole trader has won the right to access JobKeeper with a backdated ABN. Plus, we overview the new streamlined insolvency laws and answer the question, how to sell your business!
Inside this month we explore 2021 Risks & Opportunities - the focus of Government incentives, Employers & job building, HomeBuilder & the housing industry, extended rules for writing off assets: Australian subsidiaries of global companies to benefit, COVID-19 rules and regulations, Australia’s relationship with China, and the cashflow crunch...
Inside this month:
The 2020-21 Federal Budget is a road to recovery paved with cash. The Government has taken to heart the old adage, “You have to spend money to make money” to trade our way out of a black hole caused by the COVID-19 pandemic.