GAP Accountants News
Stay in touch and up-to-date
Category: Budget updates

Low and Middle Income Tax Offset
A measure that will no doubt be beneficial for individual taxpayers is the …

As announced in the 2020/2021 Federal Budget, legislation has now passed to allow eligible corporate entities (i.e., with, …

The Government has made another determination extending the timeframe within which companies can hold meetings electronically and enabling …

Given that many Australians continue to work from home due to COVID-19, the ATO has updated its Practical …

Many lenders have recently allowed borrowers with investment property loans to defer repayments for a period of time.
While …

The ATO has now updated the tax withholding schedules to reflect the 2020/21 income year personal tax cuts …

Businesses with a turnover of up to $5 billion are now able to immediately deduct the full cost …

The Government brought forward ‘Stage two’ of their Personal Income Tax Plan by two years, so that, from …

The Government handed down the 2019/20 Federal Budget on Tuesday 2 April 2019.
Some of the important proposals include:
Increasing …

The Government has released a consultation paper with respect to the implementation of the 2018/19 Federal Budget announcement …
Categories
- Accounting (20)
- ASIC (2)
- ATO update (291)
- ABN (2)
- ATO audits (23)
- ATO scam alert (12)
- Budget updates (13)
- Communication (8)
- Court rulings (9)
- Data-matching (24)
- Technology (9)
- Business (107)
- Benchmarking (5)
- Employing (32)
- Small businesses (44)
- Corporate (19)
- Division 7A (7)
- COVID-19 (42)
- Disaster Relief (6)
- Federal Election (1)
- Finance (15)
- Cryptocurrency (6)
- Foreign/off-shore issues (15)
- GAP Office Update (1)
- Industry (25)
- Construction (7)
- Contractors (3)
- Courier/driving (6)
- Farming (2)
- Gig Economy (1)
- Medical (2)
- Retail (4)
- Sharing economy (7)
- JobKeeper (23)
- LCT (1)
- Single Touch Payroll (12)
- Superannuation (88)
- Division 293 (2)
- LRBA (6)
- Self-managed super funds (17)
- Superannuation contributions (36)
- TBC (Transfer Balance Cap) (1)
- Superannuation Guarantee (7)
- Taxation (208)
- CGT (8)
- Deductions (42)
- Depreciation (11)
- FBT (26)
- GST (29)
- HELP/VSL/TSL debt (2)
- LCT (1)
- PAYG (11)
- Private Health Insurance (1)
- Properties (3)
- Rental property (18)
- Tax debt (4)
- Tax Records (3)
- Uncategorised (8)