Expanded instant asset write-off ends in weeks
Small to medium-sized businesses are reminded that there are just weeks left to make the most of the government’s increased instant asset write-off offer.
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COVID-19 and residential rental property
The ATO has developed some information to assist clients with residential rental property to understand their tax obligations during COVID-19. Check the frequently asked questions link for help with answers to common questions.
$50M in coronavirus tax relief for Qld pubs and clubs
The Qld Government has announced extra tax relief for Queensland pubs and clubs who are impacted by the new measures introduced in response to the Coronavirus (COVID-19) health crisis.
FREE Working from Home ATO factsheet
If you work from home right now, remember to keep records and receipts for your home office expenses, along with a record of the hours you work from home. Keeping good records now will help to get your deductions right at tax time. The ATO has a PDF poster you can download to help understand what you can claim.
Coronavirus Economic Stimulus Package
Australia’s Coronavirus Economic Stimulus package has been launched as a measure to protect the economy by maintaining confidence, supporting investment and keeping people in their jobs.
Crowdfunding disaster relief and tax
Read why giving to or receiving money from crowdfunding campaigns set up to help people impacted by drought or disaster can have tax implications.
Reach Out Indigenous business support pilot program
The ATO announced the expansion of their Reach Out Indigenous business support pilot program to help Indigenous small businesses meet their tax and superannuation obligations through tailored support and education.
Do you hire contractors?
Read why employers can be caught out with penalties and charges if they misclassify their workers.