Read the latest news, get tax advice and keep up to date with our timely and informational short reports.
An Immediate deduction for the full cost of depreciating assets has been increased from $30,000 to $150,000 purchased and installed from 12 March 2020 to 30 June 2020. What else do you need to know if you want to claim the new instant asset write off?
The Government will provide two $750 stimulus payments to social security and veteran income support recipients and eligible concession card holders. Who will get these payments and how do they affect you?
The 50% Accelerated Depreciation Business Investment Incentive provides a temporary incentive for businesses with aggregated turnovers of less than $500 million a year to claim an additional 50% of the cost of an asset in the first year. How does this affect your business?
The ATO intends to provide relief to businesses impacted by COVID-19 through a number of measures. What are they and how do they affect you?
The ATO intends to provide relief to businesses impacted by COVID-19 through a number of measures. What are they and how do they affect you?
The cash flow boost provides for payments to support employers by boosting their cash flow. Another intention with this measure is to encourage the retention of employees through any follow-on downturn. What do these changes mean for your business?