During the COVID Lockdowns temporary electronic signing regulations were introduced and after several extensions were due to lapse on 31 March 2022. The pandemic has changed the way we do things and...
Strong Identity Strength released for MyGovID
Monday October 25 2021
The MyGovID App has recently been updated to provide the option for individuals to set up a 'Strong' identity strength that includes face verification. Setting up a strong identity strength will...
Extra Step when Hiring Employees
Sunday October 17 2021
Recent amendments to the 'choice of fund' rules mean that employers may need to do something extra when a new employee starts to work for them. Currently, if a new employee does not choose their own...
Expansion of Single Touch Payroll
Friday October 15 2021
As part of the expansion of Single Touch Payroll (known as STP Phase 2), from 1 January 2022, employers will need to report additional payroll information in their STP reports including: Separate...
2021 COVID-19 JobSaver and Micro-Business Grant changes
Monday September 20 2021
Changes to the 2021 COVID-19 Support Packages The 2021 COVI-19 packages continue to be available for those businesses that have suffered a reduction in turnover of at least 30% or those who do...
Changes to the way the Australian Tax Office Communicates
Friday September 17 2021
Checking the progress of your return and instalments. Over the last 12 months the ATO has been changing the way they communicate with both taxpayers and tax agents. Their focus has shifted so th...
Now 30 June has passed what does your business need to do next...
Friday July 02 2021
Now June 30 has passed, there are administrative matters that require your prompt attention. Year End Payroll Procedures Employers not yet enrolled with Single Touch Payroll will need to prepare PAYG...
Australian Federal Budget 2021 - Implications for Individuals
Thursday May 13 2021
The 2021 Australian Federal Budget included some measures which will assist individual taxpayers. The Budget is focused on continuing Economic recovery once again and some measures have been extended...
Australian Federal Budget 2021 - Business Implications
Thursday May 13 2021
The Treasurer presented the Australian Federal Budget for 2021 and as anticipated there are a number of announcements of particular interest for business owners. 1. Outright Deduction of Capital...
Estate Planning & Ensuring your Peace of Mind
Friday February 26 2021
Estate planning is a subject that we don't like to think about but in its simplest form it is just about ensuring peace of mind. It is about making sure that the investments you make now...