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…
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…
Investing in property? The ATO has reminded taxpayers in a property business or thinking about investing in property that there are things they should know. Such as: they need a Read More…
ATO’s support measures to assist those affected by COVID-19 The Government has announced a number of economic responses to the Coronavirus (or ‘COVID-19’) pandemic, including economic stimulus packages worth billions Read More…
ATO watching for foreign income The ATO is urging taxpayers who receive any foreign income from investments, family members or working overseas to make sure they report it this tax Read More…