.Australian Taxation office (ATO) started contacting directors who are required to apply now for a director identification number (director ID). who are currently directors or who are planning to become a...
As a business owner or self-employed, we need to think again about more government incentives for SME business, Here are a number of other grants, schemes and subsidies you...
From 1 July 2020 the following car threshold amounts apply. Income tax There’s an upper limit on the cost you use to work out the depreciation for the business use of...
The JobMaker Hiring Credit scheme was passed into law in mid-November 2020. JobMaker was part of the 2020-21 Federal Budget, and will operate until 6 October 2021. It is...
Economy Treasurer, Josh Frydenberg, has delivered the Coalition Government’s Federal Budget 2020-21. Key economic parameters and tax and superannuation Budget initiatives include: The Commonwealth Government deficit is expected to...
Job keeper extension 1 This extension period will run from 28 September 2020 to 3 January 2021. You will need to show that your actual GST turnover has declined in the...
This report describes ATO consultation activities to 31 May 2019.This report is prepared monthly and shared with our stewardship groups. It contains: Statistics Consultation matters in progress Consultation matter(s)...
In the 2019–20 Federal Budget, the Government announced its intention to change and build on the Personal Income Tax Plan. These changes are now law. The ATO is implementing...
In the 2019–20 Federal Budget, the Government announced its intention to change and build on the Personal Income Tax Plan. These changes are now law. From the 2018–19 income...