The government will expand eligibility for the temporary ‘full expensing measure’ It temporarily allows certain businesses to deduct the full cost of eligible depreciable assets in the year they are Read More…
The government has passed legislation to establish the JobMaker Hiring Credit It is part of the government’s economic response to the COVID-19 pandemic. The JobMaker Hiring Credit is specifically designed Read More…
The ATO understands the way some businesses operate has been impacted as a result of COVID-19. Some of these impacts may have resulted in changes that affect whether they are Read More…
Many lenders have recently allowed borrowers with investment property loans to defer repayments for a period of time. While repayments are being deferred, interest (and fees) will usually be added Read More…
Update to ATO home office expense deduction claims Given that many Australians continue to work from home due to COVID-19, the ATO has updated its Practical Compliance Guideline. The Practical Read More…