Practice Update – June 2022

Practice Update – June 2022

ATO priorities this tax time The ATO has announced four key areas that it will be focusing on for Tax Time 2022: Record-keeping.Work-related expenses.Rental property income and deductions.Capital gains from crypto assets, property, and shares.Before claiming income...
April 2021 – Practice Update

April 2021 – Practice Update

JobKeeper comes to an end The ATO has advised that the final JobKeeper payment will be processed in April 2021. Enrolled businesses do not have to do anything when the program closes, although they will need to complete their final March monthly business declaration...
Practice Update – April 2020

Practice Update – April 2020

Coronavirus: Government announces new tax measures The Government has announced a number of economic responses to the Coronavirus (or ‘COVID-19’) pandemic, including economic stimulus packages worth billions of dollars. Some of the key tax measures...