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ATO’s continued focus on illegal early release of super

25th Feb, 2024

As a new calendar year commences, the ATO’s priorities in the self managed super fund (SMSF) sector remain consistent. As …

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ASIC’s new alert list offers guidance on suspicious investment “opportunities”

19th Dec, 2023

As a part of the government strategy to target investment scams, ASIC and the Australian Competition and Consumer Commission (ACCC) …

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ATO pauses “debts on hold” awareness campaign

19th Dec, 2023

In response to community feedback and perhaps to negative commentary in the media, the ATO has announced it is pausing …

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Simplified payroll reporting and STP Phase 2: employers take note

19th Dec, 2023

While Single Touch Payroll Phase 2 (STP Phase 2) started on 1 January 2022, many digital service providers have a …

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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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