Extra super step when hiring new employees
Stapled super funds Employers may soon need to do something extra when a new employee starts to work for them. Currently, if a new employee does not choose their own Read More…
Additional ATO support during COVID-19
ATO COVID-19 support The ATO is providing additional support to taxpayers having difficulty meeting their tax and superannuation guarantee charge obligations for employees because of COVID-19. Available support includes the Read More…
Business tax update October 2021
Extending administrative relief for companies to use technology The Government has passed legislation renewing the temporary relief that allows companies to use technology to meet regulatory requirements under the Corporations Read More…
Property investor common tax traps
ATO warns property investors about common tax traps In 2019/20, over 1.8 million Australians owned rental properties and claimed $38 billion in deductions, so the ATO is reminding property investors Read More…
New sharing economy reporting regime
The ‘gigs up’ with a new sharing economy reporting regime Treasury has released draft legislation introducing the long-awaited third party reporting regime (proposed to apply from 1 July 2022). The Read More…