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Support for flood-ravaged areas

14th Apr, 2022

The recent devastating flooding in South East Queensland and parts of New South Wales has left many people homeless, caused …

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Temporary full expensing of assets extended

14th Apr, 2022

The availability of temporary full expensing of depreciating assets for business has been extended for another year until 30 June …

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Record-keeping education in lieu of ATO financial penalties

14th Apr, 2022

If you run a small business and are found by the ATO to have made unintentional record-keeping mistakes, you could …

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FHSS maximum releasable amount increased

14th Apr, 2022

The maximum amount that individuals can take out of their superannuation under the First Home Super Saver Scheme (FHSS) will …

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Downsizer contributions: age limit change

14th Apr, 2022

To help those nearing retirement boost their super balances, people aged 65 and over can currently make downsizer contributions to …

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Work test scrapped for super contributions: under 75s

14th Apr, 2022

From 1 July 2022, people aged between 67 and 75 will be able to make non-concessional and salary-sacrificed contributions to …

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