This year’s highly anticipated Budget sets in motion key aspects of the economic recovery plan through a mixture of tax cuts, business concessions and bold measures to stimulate spending and investment.
Read moreFeatured Resources
Tax Accountant Posts
New corporate residency test: Board of Taxation releases report
The Board of Taxation released its report Review of Corporate Tax Residency on 6 October 2020. The report was completed in July 2020.
Read more
Budget: Super trustees – new best “financial” interests duty
The Government has announced that it will legislate to compel trustees of APRA-regulated superannuation funds to act in the best “financial” interests of their members.
Read more
2020-21 Federal Budget: “all about jobs” plus record deficit, big spending, backdated tax cuts and more
On Tuesday, 6 October 2020, Treasurer Josh Frydenberg handed down the 2020-21 Federal Budget, his second Budget.
Read more
Pre-Budget business tax concessions announced
Ahead of the 2020-21 Federal Budget, the Government has announced a range of new tax concessions for small and medium sized businesses.
Read more
$199bn deficit leaves room in Budget for tax cuts: Deloitte Access Economics
Ahead of the Federal Budget on 6 October 2020, Deloitte Access Economics has forecast an underlying cash deficit at $198.5bn for 2020-21, “just” $14bn worse than the $184.5bn Treasury forecast in the July Fiscal Update.
Read more
WEBINAR: Federal Budget 2020-21: Unwrapped by the experts! Watch on demand!
Our Senior Tax Writers, Ian Murray-Jones and Stuart Jones will be your Federal Budget guides, bringing you the latest news and taking you through the detail and analysis of the tax and superannuation announcements.
Read more
My wish list: 3 changes SMSFs need that won’t blow a hole in the Federal Budget
If accountants ever needed reminding that 2020 is indeed a strange year, look no further than the fact that the 2020 Federal Budget will be brought down on Tuesday, 6 October rather than the traditional “second Tuesday in May”.
Read more
Federal Budget 2020 confirmed for 6 October
The Treasurer has confirmed that the 2020-21 Federal Budget will be handed down on Tuesday, 6 October 2020.
Read more
Time to review long-held practices for directors’ fees
The changing requirements for reporting directors’ fees have intersected with COVID-19 economic stimulus measures, activity statement reporting and Services Australia increasing potential compliance risks. Several issues have arisen which demand attention.
Read more