Director Identification Numbers On 12 September 2017, the then Minister for Revenue and Financial Services, the Hon. Kelly O’Dwyer MP, announced that a comprehensive package of reforms to address illegal phoenixing would include the introduction of a Director...
Keep your information safe from prying eyes Using myGovID, you can unlock government online services to help with the day-to-day running of your business. It’s important to regularly check who has access to your business information and can interact on behalf of...
Claiming Motor Vehicle Expenses? You can claim a deduction for motor vehicles expenses that are part of the everyday running of your business – but you can only claim the business portion if your vehicle is for both business and private use. Depending on whether...
2022/2023 Federal Budget The continuation of the COVID-19 pandemic and the increased lockdown and stay-at-home orders being mandated primarily due to the current ‘Delta variant’ have required both State and Federal Governments to provide further economic assistance....
Snapshot of NSW COVID-19 assistance – 2021 On 13 July 2021, the NSW and Federal Governments announced their economic support package aimed at supporting businesses and residents to deal with the recent COVID-19 lockdown. Outlined in this document by the NTAA...
Tax Time 2021 The ATO will start full processing of 2020–21 tax returns on 7 July 2021 and expect to start paying refunds from 16 July 2021. They aim to finalise the majority of electronically lodged current year tax returns within 12 business days of receipt. Learn...
