This year’s Budget was dominated by spending measures directed toward social programs, with only a few, very specific, tax changes.
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Thomson Reuters
Posts by Thomson Reuters
Section 100A: why so much attention?
One of the areas of particular interest to the ATO is s 100 of the ITAA 1936. This article looks at what s 100 is, why it has garnered significant attention in recent years, and respective guidance for tax advisors.
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Casual employment reforms passed in pared-back Fair Work Amendment Act
The Federal Government passed legislation on 22 March 2021, amending the Fair Work Act 2009 specifically in relation to casual employment.
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Practical compliance guidelines for employee travel: Practically perfect?
This article considers whether the ATO’s Practical compliance guideline for employee travel is the silver bullet employers were seeking.
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Voluntary JobKeeper repayments – deductible? The ATO response
In response to the decision by some prominent Australian businesses to return their JobKeeper payments, the ATO says that a voluntary repayment will be deductible “in limited circumstances”.
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Legislation 2021 – What remains before parliament?
Explore which bills have been introduced in the Australian Parliament but are yet to be passed.
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Tax scams and money laundering … why accountancy services are so attractive to criminals and how COVID-19 is highlighting this once again
Tax scams and money laundering: what accountancy firms can and should do to combat crime.
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JobMaker Hiring Credit now open – What do employers need to know?
Now that the JobMaker Hiring Credit is open, there are a number of criteria that employers and employees must meet in order for the credit to be payable.
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The accounting skills most in-demand post-pandemic
The pandemic has changed how we work – and where we work from. How much will it change demand for key accounting skills? Three experts weigh in.
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NSW Budget: Overview of proposed property tax
As part of the NSW Budget, the Treasurer announced a proposal to introduce a property tax regime that would provide taxpayers with a choice between paying a known amount of stamp duty at the time of purchase of a property, or an annual property tax charge.
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