Client Tax Checklists
Updated as at 09 April 2022 The ATO’s new guidance is set to invalidate many commonly made trust distributions. It will challenge traditional family trust distribution strategies and will impact …
News
April 2022: Professional Services Firm Profits Guidance Finalised
Professional Services Firm Profits Guidance Finalised The Australian Taxation Office’s finalised position on the allocation of profits from professional firms starts on 1 July 2022. The ATO’s guidance uses a …
Jan 2022: The year ahead
2022: The year ahead 2021 was to be the year we returned to a post-COVID normal however the pandemic has fundamentally changed the way many of us operate in …
Dec 2021: If Santa was an Australian tax resident
If Santa was an Australian tax resident A lighter look at the complexity of Australian taxation laws and the year that has been. Dear Mr Claus, Thank you for the …
Nov 2021: What happens to your superannuation when you die?
What happens to your superannuation when you die? Superannuation is not like other assets as it is held in trust by the trustee of the superannuation fund. When you die, …
Oct 2021: Unwinding Covid-19 Relief
Unwinding Covid-19 Relief COVID-19 support will roll back as states and territories reach vaccination targets. The National Plan, the road map out of COVID-19, does more than provide greater freedoms …
Sep 2021: Unwinding the pandemic
Unwinding the Pandemic Australia’s two largest states and the ACT are in lockdown as the Delta strain of COVID-19 takes its toll while others are standing firm on a policy …
Aug 2021: Lockdown support update
The support available to individuals and businesses has been constantly evolving and changing. Here’s a summary of where support stands around the country. For individuals From 2 August 2021, …
Overview of the 3 Covid-19 Business Grants
Businesses in NSW impacted by COVID-19 They can access, subject to separate eligibility criteria, the following business support payments: COVID-19 business grant (One-off payment up to $15,000) COVID-19 micro-business grant …
Accepting applications for the NSW COVID-19 grants
What lockdown support is available to NSW business? If your business has been adversely impacted by the recent lockdown in NSW, support is available. The NSW and Federal Governments have …