ATO Guidelines for SMSF’s granting commercial rent relief during COVID The National Cabinet Mandatory Code of Conduct outlines a set of good faith principles for commercial tenancies for providing rent relief to tenants affected by COVID. What if that property is...
ATO’s position on foreign income tax offsets confirmed The Australian Taxation Office (ATO) has recently welcomed the decision of the High Court to decide against granting an application for special leave, to appeal a decision of the Full Federal Court (FITO). The...
Over the Christmas break, unfortunately mother nature was not on the side of many Australian locals. The bushfire tragedy in Australia has affected so many of our local environments, animals, communities and clients. Despite the age-old, saying “rain, hail or shine”...
It’s definitely the season to deck the halls. Christmas parties, Secret Santa gifts, work drinks and festive ‘feastivity’ is in the air. They are all part of this time of year and we’re definitely not here to spoil your fun, but did you know there are possible tax...
It’s happened, you’ve opened your letterbox hoping to see an online-shopping package, birthday card or letter from a loved one. Unfortunately, luck isn’t on your side on this day and you’ve instead found an ominous ‘data matching’ letter, courtesy of the...
While the issue of lost super has gradually decreased over recent years, it’s still an ongoing and widespread issue for Australians, with $17.5billion worth of super still waiting to find its way home. By way of further diminishing this figure, a new law was...
