by admin | Nov 8, 2020 | Uncategorized
November Practice Update BACK Tax cuts pass Parliament The Government announced various tax measures in the 2020 Budget on 6 October 2020, and it was able to secure passage of legislation containing some of the important measures very shortly afterwards, as summarised...
by admin | Oct 15, 2020 | Uncategorized
October Practice Update BACK Special COVID-19 Superannuation Condition of Release Extended Regulations that extend the time frame of the special condition of release to access $10,000 from superannuation for individuals experiencing financial difficulties due to...
by admin | Sep 14, 2020 | Uncategorized
September Practice Update BACK Superannuation guarantee rate increase update Recently, arguments both for and against increasing the rate of compulsory superannuation guarantee (‘SG’) have continued to be tossed around! The SG is the compulsory amount of...
by admin | Aug 28, 2020 | Uncategorized
August Practice Update BACK Extension of the JobKeeper Payment Sadly, many Australian businesses are a long way from trending back to ‘normal’ as we approach 27 September 2020, the original date that JobKeeper was set to end. Thankfully the government has...
by admin | Jul 14, 2020 | Uncategorized
July Practice Update BACK Treasury Laws Amendment (2020 Measures No 3) Bill 2020 Treasury Laws Amendment (2020 Measures No 3) Bill 2020 has passed both Houses of Parliament and is now law. Extending the Instant Asset Write-Off This legislation amends the income tax...