Employee COVID-19 tests now tax deductible
From 1 July 2021, employees can claim a tax deduction for COVID-19 tests that are purchased for work purposes. Find out more about the record-keeping requirements to claim the expense.
From 1 July 2021, employees can claim a tax deduction for COVID-19 tests that are purchased for work purposes. Find out more about the record-keeping requirements to claim the expense.
Child Care Subsidy (CCS) and Family Tax Benefit (FTB) recipients and their partners must lodge their outstanding 2021 tax returns by 30 June 2022 to avoid losing their benefits.
As of 5 April 2022, new directors must apply for their director ID before they’re appointed.
If you’re a corporate trustee of a self-managed super fund (SMSF), you can now apply for your director ID. You can apply via Australian Business Registry Services (ABRS) online.
The ATO has raised its concerns about the increase in scams involving fake superannuation investments targeting SMSFs.
The ATO has announced that COVID-19 relief for SMSF trustees is being extended to the 2021-22 financial year.
Keeping your super safe? The ATO reports an increase in the number of Australians being targeted by scams and falling victim to identity theft, leading to stolen super.
Employers may have an extra ‘stapled super fund’ step to take with new employees who start from 1 November 2021 that don’t choose a super fund.