SME Loan Guarantee Scheme extended to 30 June 2022

SME Loan Guarantee Scheme extended to 30 June 2022

December 16, 2021

The Treasurer announced on Monday 13 December 2021 that the SME Loan Guarantee Scheme will be extended by 6 months to 30 June 2022. This extension keeps the same terms and conditions as...Read More Read More

DGRs eligibility has changed from 14 December

December 16, 2021

DGRs that were endorsed under one of the 11 amended DGR categories prior to 14 December 2021, need to check they meet the changed requirements. From 14 December 2021 all general deductible...Read More Read More

COVID-19 vaccination incentives and rewards – ATO fact sheet

December 16, 2021

The ATO has released a fact sheet for employers on the tax and superannuation consequences of providing incentives or rewards to employees who get vaccinated against COVID-19. Specifica...Read More Read More

Professional firms profit allocation guideline finalised

December 16, 2021

The ATO has finalised Practical Compliance Guideline PCG 2021/4 Allocation of professional firm profits – ATO compliance approach that sets out the ATO’s compliance approach to the al...Read More Read More

SA Land Tax – date to nominate a designated beneficiary for discretionary trusts closes on 31 December 2021

December 9, 2021

Revenue SA is reminding taxpayers and their advisers that where land was acquired by a discretionary trust on or before 16 October 2019, the discretionary trust has until 31 December 2021 to...Read More Read More

SGC: remission of additional penalty post-amnesty – PS LA 2021/3

December 2, 2021

Practice Statement PS LA 2021/3 was finalised by the ATO on and with effect from 25 November 2021, sets out the ATO's revised decision-making principles for remitting the additional superan...Read More Read More

Class and Product Rulings issued – CR 2021/79-82, PR 2021/15

December 2, 2021

Four Class Rulings were issued on Wednesday 24 November 2021: CR 2021/79 - Woolworths Group Limited - off-market share buy-back. CR 2021/80 - Two10degrees Pty Ltd - use of Globa...Read More Read More

Do you have non-resident employers’ withholding obligations in New Zealand?

December 2, 2021

he NZ IRD has published Operational Statement OS 21/04 which clarifies the tax withholding obligation of non-resident employers (including from Australia) in cross-border employment situat...Read More Read More