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$20,000 instant asset write-off for small business: beware timing

19th Dec, 2023

Legislation is currently before Federal Parliament that proposes to allow a deduction of $20,000 (up from $1,000) for the instant …

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JobKeeper assessment: Treasury report released

19th Dec, 2023

Treasury has released the Independent Evaluation of the JobKeeper Payment Final Report. The report considers both the impact and processes …

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ASIC calls on lenders to support customers

23rd Oct, 2023

With the cost of living crisis and increase in interest rates hitting Australian households, there is growing evidence that many …

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Subscriptions included in digital adoption boost: ATO clarification

23rd Oct, 2023

The ATO has advised that new and ongoing subscription costs can also qualify as eligible expenditure for the purposes of …

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Small business litigation funding: improvements recommended

23rd Oct, 2023

A recent Inspector-General of Taxation and Taxation Ombudsman (IGTO) report has recommended improvements to the small business litigation funding program, …

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SMSF compliance activity escalation

23rd Oct, 2023

The ATO has ramped up compliance activity in the self managed super fund (SMSF) space in response to an increasing …

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