4:51 pm | Tax
IPA doubles down on tax bracket
A new tax deduction to encourage individuals to retrain and reskill is as worthy as any other current deduction, argues…
3:05 pm | Tax
RBA decides official cash rate for March as JobKeeper end looms
The Reserve Bank of Australia has made its decision on the official cash rate for March as businesses prepare for…
12:05 pm | Tax
ATO on the hunt for 60,000 TPAR businesses
The ATO estimates that around 280,000 businesses are required to lodge a taxable payments annual report (TPAR) for the 2019–20…
11:02 am | Tax
Businesses face cash crunch in March 2021 despite tax cuts
The latest Economics Business Outlook noted that, for businesses, the tax cuts would be offset by the dialling back of JobKeeper…
11:12 am | Business
A guide to simplifying staff expense claims
Businesses spend a huge amount of money each year reimbursing workers for on-the-job expenses they have paid. While no single…
11:40 am | Business
Tax-free grants for Victorian businesses
Under the Income Tax Assessment (Eligible State and Territory COVID-19 Economic Recovery Grant Programs) Declaration 2020, Mr Frydenberg declared as…
12:00 pm | Tax
80¢ per hour work-from-home deduction method extended
Taxpayers continuing to work from home in the new year will be allowed to continue using the simplified working-from-home deduction…
1:51 pm | Tax
Christmas Tax vouchers
Last-minute gift? Get your loved one a gift that will be useful and take the stress off their next tax…
12:17 pm | Tax
Coronavirus grants now tax-free
The bill amends income tax law to make certain grant payments received by eligible businesses non-assessable non-exempt income so that…
1:40 pm | Business
Stamp duty waiver
The government has announced an investment of over $293 million to fund a stamp duty concession of up to 50…
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