On 22 September 2021, with effect from 1 July 2021 to 30 June 2026, the ATO issued Class Ruling CR 2021/62 (Quest Payment Systems Pty Ltd - evidence of a deduction for donations made to a ...Read MoreRead More
Revenue NSW has issued Practice Note CPN 021 setting out the treatment of superannuation contributions under the Payroll Tax Act 2007 (NSW). The Practice Note explains that employer cont...Read MoreRead More
The ATO have announced that they will allow deferral of Single Touch Payroll (STP) Phase 2 transition.
Where employers can start reporting from 1 January 2022, the ATO will support and ...Read MoreRead More
The ATO has issued taxpayer alert TA 2021/3: Fuel tax credit overclaims arising from aggressive marketing and use of GPS telematics technology products.
The Alert raises the ATO's concer...Read MoreRead More
The ATO on 17 September 2021 issued taxpayer alert TA 2021/2: Disguising undeclared foreign income as gifts or loans from related overseas entities. The Alert highlights the ATO's concern w...Read MoreRead More
You’ll have an extra step to take if you have new employees who start from 1 November 2021 and they don’t choose a super fund.
You may now need to request their ‘stapled super fund...Read MoreRead More
You may have noticed some changes to your myGovID app, following recent updates.
These changes include the option to verify your photo and set up Strong identity strength. If you choose t...Read MoreRead More
In a media release, ASIC has formally extended the time public companies have to hold their annual general meetings, due to restrictions on gathering and movement persist during the COVID-1...Read MoreRead More
The Treasurer has issued the Taxation Administration (Data Sharing – Relevant COVID-19 Business Support Program) Declaration 2021.
The Declaration lists the programs that have been dec...Read MoreRead More
The Treasury Laws Amendment (COVID-19 Economic Response No 2) Bill 2021, introduced in the House of Reps on 3 August 2021 as 5 Schedules to the Bill, proposes amendments to the ITAA 1997 an...Read MoreRead More
