If you are a director appointed under the Corporations Act 2001 on or before 31 October 2021, you must apply for a Director ID by 30 November 2022.
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Using On-demand Legal Documents: Aren’t They All The Same?
Not all trust, company and self-managed superannuation fund (SMSF) documents are identical. It is important to make sure that you use the correct documents for your legal situation, and ensure…
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How the ATO GST fraud crackdown can impact legitimate refund claims
The ATO has launched an investigation into large-scale GST fraud attempts, which is delaying legitimate refund claims and impacting business cashflow.
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2022-23 Federal Budget Report: Powered by the Weekly Tax Bulletin
On Tuesday, 29 March 2022, Treasurer Josh Frydenberg handed down the 2022-23 Federal Budget. The Weekly Tax Bulletin has released a report summarising the announcement.
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Federal Budget for SMEs: Advising small businesses on skills, training and digital adoption incentives
Tax and accounting professionals should observe the skills, training and digital adoption incentives announced in the Budget when advising their clients.
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Claiming Legal Professional Privilege: draft ATO protocol
The ATO has released its draft protocol to guide taxpayers and their advisors when making Legal Professional Privilege claims to the regulator.
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Pandora Papers released: ATO to investigate for Australian links
The ATO is investigating details of offshore tax planning activities contained in the so-called “Pandora Papers” released by the ICIJ.
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NSW COVID-19 JobSaver changes: more businesses, increased payment
The NSW Government has announced changes to key support measure, the JobSaver package, for businesses impacted by the ongoing lockdown.
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COVID-19 Disaster Support Payment boosted: PM and Treasurer
Increased financial support for workers in New South Wales is now available as part of the expanded national COVID-19 Disaster Payment, the government announced.
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Cryptocurrency taxation myths: time for a reality check
Cryptocurrency is no longer confined to the fringe of organised crime and tech companies. The age of ‘digital currency’ has well and truly arrived and many Australians have taken to investing in crypto. Tax myths abound and not surprisingly, regulators worldwide, including the ATO, are on the case.
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