On Sunday 29 November 2020, the Federal Government announced that the HomeBuilder program is now extended to 31 March 2021, but in a modified form.
Budget 2020-21: JobMaker Hiring Credit
Is your business eligible for The JobMaker Hiring Credit? We explain the eligibility criteria both for employers and employees.
Federal Budget 2020-21: What does it mean for your Business?
The 2020-21 Budget including Temporary Full Expensing and Loss Carry Back, has set the scene for the slow climb to economic recovery by bringing it back to the basics. Legislation from the Federal Budget has been passed for: The Tax-loss provisions JobMaker Program...
Budget 2020 – What’s going on with my Super?
Despite much speculation, the Government did not make any unexpected changes to super for the 2020-21 financial year. Previously announced COVID-19 measures in relation to early access to super and pension drawdown relief will continue. The main reform announcements...
Budget 2020 – Instant Asset Write Off Tax Incentive
Instant Asset Write Off - Get in now to maximise Business Tax Deductions We have been assisting a number of clients with enquiries on how to finance new equipment purchases for their businesses, to take full advantage of the updated Instant Asset Write-Off announced...
Federal Budget 2020: Personal Income Tax
This is our first newsletter in a series over the next few weeks, detailing the key changes to personal income tax that have been announced in The 2020 Federal Budget of 6 October. For a summary of all of the budget announcements, see here. One of the highlights was...