Tax Planning Strategies
Its time to consider your 2021 Tax Planning Strategies
The Federal Budget 2021-22 has been announced and the proposed changes might impact you or your business.
Taxpayers are being reminded to stay on top of their work-from-home logbook ahead of tax time 2021.
Thousands of taxpayers could now retrospectively receive JobKeeper and cash flow boost payments following the ATO’s acceptance of the Full Federal Court’s decision.
Businesses struggling with tax debts have been urged to re-engage with the ATO as it pledges not to “destroy the very thing that the ATO have been trying to support” throughout the pandemic.
The Department of Home Affairs will now provide the ATO with arrival and departure records of travellers to and from Australia for the 2016–17 to 2022–23 financial years.
The ATO are receiving increasing reports of people losing money to automated phone scams.
The ATO have given us all some breathing space to enjoy the festive season.