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States’ tax relief measures to deal with the challenges of COVID-19

March 26, 2020

Victoria : businesses with payroll of less than $3 million will be provided full payroll tax refunds for the 2019-20 financial year, with payments processed from this week. These businesses ...Read More Read More

Business support – COVID-19 in Tasmania

March 23, 2020

Dear Business Owner/Operator, COVID-19 is impacting many businesses in Tasmania. To find out about support available to your business, please contact: Australian Taxation Office – fo...Read More Read More

ATO support measures for those affected by coronavirus outbreak

March 12, 2020

The ATO will implement a series of administrative measures to assist Australians experiencing financial difficulty as a result of the COVID-19 outbreak. Businesses impacted by the coronav...Read More Read More

Government announces coronavirus stimulus package

March 12, 2020

The government has announced a range of measures to support the economy, business and employment in the face of the coronavirus health crisis. The measures include the below. Cash Flow Bo...Read More Read More

Postcodes identified for lodgement deferral

February 5, 2020

If your postcode is listed below, in bushfire impacted regions, you are eligible for the automatic deferrals. Income tax, activity statement, SMSF, FBT and excise return lodgments, and thei...Read More Read More

Changes to foreign purchaser additional duty and discretionary trusts in Victoria

February 2, 2020

Foreign purchaser additional duty provisions were introduced with effect from 1 July 2015. As the foreign purchaser rules have now been in place for more than four years, the practica...Read More Read More

Victorian Bushfires – Tax and Duty relief

January 29, 2020

The Victorian Government has announced a range of tax relief measures for people and businesses affected by bushfires. They include: -Land tax relief on properties that have been affecte...Read More Read More

CbC reporting guidance from OECD updated

January 23, 2020

The OECD has released updated guidance on the Country-by-Country (CbC) reporting regime under BEPS Action 13 to give multinational groups and tax authorities more certainty around implementa...Read More Read More

Tax assistance to bushfire victims extended

January 23, 2020

The ATO has extended its package of tax assistance for people impacted by the bushfires in New South Wales, Victoria, Queensland, South Australia and Tasmania as part of the whole-of-gove...Read More Read More

Reforming individual tax residency rules: Board of Taxation recommendations

January 23, 2020

The Board of Taxation's recommendations include having the 183-day test as the primary rule for tax residency supplemented by a “commencing residency test” for individuals who are not re...Read More Read More