Small employers (19 or fewer employees) are currently exempt from reporting ‘closely held’ payees through Single Touch Payroll …

The Government has provided an update of a number of new measures which came into effect from 1 …

The Australian Prudential Regulation Authority (‘APRA’) has confirmed that, where an employer is receiving the JobKeeper wage subsidy …

The ATO understands the way some businesses operate has been impacted as a result of COVID-19.
Some of these …

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

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

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

The Government announced various tax measures in the 2020 Budget on 6 October 2020, and it was able …

Regulations that extend the time frame of the special condition of release to access $10,000 from superannuation for …

Broadly, JobKeeper Payments received by an employer are assessable income to the employer.
Likewise, the payments an employer subsequently …