JobKeeper scheme
COVID-19 measures: how your business might be affected The JobKeeper scheme ended on 28 March 2021. Your business does not … Read More
JobMaker hiring credit scheme
COVID-19 measures: how your business might be affected Don’t overlook the JobMaker Hiring Credit scheme (JobMaker) which was discussed in … Read More
Stimulus vouchers: How to report this in your tax
COVID-19 measures: how your business might be affected Most States and Territories are providing assistance to help boost local economies … Read More
SME loan guarantee scheme
COVID-19 measures: how your business might be affected The Government has announced an extension of the SME Recovery Loan Scheme, … Read More
Fringe Benefit Tax (FBT) issues
New FBT thresholds and rates for 2021–22 The ATO has released new thresholds and rates for the 2021¬–22 fringe benefits … Read More
Fringe Benefit Tax FBT exemptions
If your business provides fringe benefits to employees, there are a number of FBT exemptions that are likely to be … Read More
Do you use trading stock for private purposes?
It is common for certain business owners (e.g. sole traders, individuals and partnerships, etc.) to use trading stock for private … Read More
Do you operate your business through a company or trust?
It is fairly common for professionals, such as IT specialists, engineers and business consultants, to operate their business through a … Read More
Easier to pay your tax bill
From the ATO The ATO has improved how your business can use and manage its credit or debit card details … Read More
Check your business’ PAYG instalments
From the ATO Now is a good time to check your business’ pay as you go (PAYG) instalments still reflect … Read More
STP reporting: Changes from 1 July 2021
From the ATO If your business has employees, it should be reporting through Single Touch Payroll (STP) unless it only … Read More
