Can you believe we’re already past the halfway mark of 2020? What a ride’s it’s been. Let’s hope the second half of the year doesn’t have any more surprises for us. Let us keep you updated on all things financial and minimise the risk of...
The 2020 financial year was heavily disrupted due to COVID 19. We are definitely in different times! The future is more uncertain than usual; Governments, banks, investors, fund managers to name a few are all scrambling to get their heads around the new environment...
The ATO has introduced a superannuation guarantee amnesty. Employers that want to participate in the amnesty need to apply by 7th September 2020. If you are unable to pay the liability as a result of COVID -19 the ATO will work with you to establish a payment plan to...
2020 has been a year of unpredictable circumstances; we were all caught off guard. Now is the time to speak to your tax professional to ensure you have a plan in place to manage the changes that may affect your tax liabilities. These changes are best managed in...
On Sunday morning the Federal Government announced a further $66 billion in economic stimulus to fight the effect on the economy of the virus. This $66 billion adds to the initial $17.6 billion, the $90b from the RBA and $15b from the Federal Government to deliver...
Probin and FCT [2019] The AAT has upheld the ATO’s Super Guarantee Charge (SGC) assessment of a ‘contractor’, ordering the employer to backpay 5 years of Superannuation Guarantee; $27,272. The Tribunal found that he was engaged as an employee not an independent...
