by epoch | May 12, 2021 | eNews
For business, the most significant announcements in this years budgets are extensions to the instant asset write off and loss carry back schemes. Temporary full expensing extension Date of effectAssets acquired from 7:30pm AEDT on 6 October 2020 and first used or...
by epoch | May 12, 2021 | eNews
The 2021-22 Federal Budget is a balancing act between a better than anticipated deficit ($106 bn), an impending election, and the need to invest in the long term. Key initiatives include: Extension of temporary full expensing and loss-carry back providing immediate...
by epoch | May 4, 2021 | eNews
To protect older Australians, the Government has moved to formalise ‘granny flat arrangements’ by providing an incentive to protect all parties in the arrangement. Typically, granny flat arrangements occur when an older person transfers some sort of...
by epoch | May 4, 2021 | eNews
Australia is facing a shortage of skilled labour. When the supply of staff dry up the focus often turns to retention. But the first step is to understand why people you want to stay, choose to move on? Very few people will reveal the whole truth about why they leave...
by epoch | May 4, 2021 | eNews
Directors will be required to register for a unique identification number that they will keep for life, much like a tax file number under a rewrite of Australia’s business registers. ASIC does not currently verify the identity of directors and Elvis Presley and Bob...
by epoch | Apr 1, 2021 | eNews
The ATO has clarified the tax treatment of JobKeeper payments handed back to the Government. The clarification comes after the Super Retail Group, Dominos Pizza and Toyota collectively returned more than $20 million in JobKeeper payments after reporting exceptional...
