Business Tax – February 2021
The JobMaker Hiring Credit scheme (“JobMaker”) is a new government incentive in response to the COVID-19 economic crisis. Eligible employers can access JobMaker for each eligible additional employee aged 16 to 35 they hire [...]
Business Tax – June 2020
The JobKeeper scheme is the most significant measure to assist businesses during the COVID-19 crisis – even if it is going to cost a lot less than initially thought. Although we told you about the [...]
Individual Tax – April 2020
This edition of TaxWise is dominated by the Federal government and ATO measures in response to the Coronavirus (COVID-19) pandemic. The main tax and super measures are: enhancing the instant asset write-off; an accelerated depreciation [...]
Business Tax – April 2020
The main tax measures are: enhancing the instant asset write-off; an accelerated depreciation rate; and boosting cash flow for employers. Other measures include relief for financially stressed businesses and a guarantee of lending to SMEs. [...]
Business Tax – November
On 17 October 2019, Second Commissioner, Andrew Mills, addressed the Tax Institute’s 2019 Tasmanian State Convention outlining what the ATO is doing to help support small businesses manage their competing demands. Some initiatives include: a [...]
Individual – Its tax time again!
It’s Tax Time again! It’s that time of year again – time to pull out all your tax records and do your tax return. This edition of TaxWise outlines some tax changes for 2018-19 that [...]