Merry Christmas & Happy New Year!

Merry Christmas & Happy New Year!

December 17, 2020

Our Office is unattended from Monday 21 December 2020 . We will be back on Monday 4th of January 2021 at 9am. All requests received during this period will be dealt with upon ou...Read More Read More

Guidance on payments to government employees posted overseas

December 17, 2020

The ATO has finalised guidance on the tax treatment for certain payments or benefits provided to Australian Government employees posted overseas. Taxation Determination TD 2020/8 sets o...Read More Read More

Foreign investment review framework for national security regulations made

December 17, 2020

Regulations have been made to improve and update the operation of Australia’s foreign investment screening framework. The Foreign Investment Reform (Protecting Australia’s National S...Read More Read More

Foreign resident employers’ tax and super obligations

December 17, 2020

The Australian Taxation Office (ATO) has issued guidance regarding the tax and superannuation responsibilities of foreign resident employers with employees engaged in remote work from Aust...Read More Read More

Legislation to amend temporary full expensing and other budget measures introduced

December 3, 2020

A Bill including amendments to provide greater flexibility for accessing temporary full expensing of depreciating assets has been introduced into parliament. Schedule 1 of the Treasury L...Read More Read More

ATO data-matching program — online selling

December 3, 2020

The Commissioner will conduct a data-matching program to acquire data on Australian sales made through online selling platforms in the 2018–19 to 2022–23 financial years. The data c...Read More Read More

JobKeeper recipients drop by 2 million

December 3, 2020

The number of JobKeeper recipients has fallen from around 3.6 million to 1.5 million over the month of October, outperforming 2020–21 Budget estimates. According to the Treasurer, Jos...Read More Read More

HomeBuilder grant extended

December 3, 2020

The HomeBuilder grant for eligible owner-occupiers building a new home or substantially renovating an existing home will be extended to 31 March 2021. The government has announced the f...Read More Read More

ATO restarts small business taxpayer audits

November 5, 2020

The ATO has recommenced its work to address tax compliance risks in the small business segment, continuing ongoing and new taxpayer audits, having been focused on the COVID-19 stimulus mea...Read More Read More

CRS report data on bank accounts published by ATO

November 5, 2020

The ATO has published 2018 data on Australian financial accounts held by foreign tax residents as at 31 December 2018 collected under the Common Reporting Standard (CRS) and exchanged with...Read More Read More