Compliance and Legislation

November 5, 2020

Commercial Rent Relief Regulations Modified and Extended

THE GOVERNMENT HAS MODIFIED AND EXTENDED THE OPERATIONS OF THE COMMERCIAL TENANCY RELIEF SCHEME (SCHEME) TO 31 DECEMBER 2020.   As part of its response to […]
October 28, 2020

Mandatory COVIDSafe plans for your business

ON MONDAY 26 OCTOBER, MELBOURNIANS BREATHED A COLLECTIVE SIGH OF RELIEF AS VICTORIAN PREMIER DANIEL ANDREWS DELIVERED THE LONG-AWAITING ANNOUNCEMENTS ON EASING RESTRICTIONS ACROSS THE STATE. […]
October 15, 2020

Federal Budget 2020 – 2021 – The Path To Recovery

2020 IS A YEAR LIKE NO OTHER.   THE HISTORIC FEDERAL BUDGET 2020-21 HANDED DOWN BY THE TREASURER DELIVERS A SET OF MEASURES FOCUSED ON BOOSTING […]
October 6, 2020

JobKeeper Payment Extension – What do You Need to do Now?

  On 28th September 2020, the JobKeeper payment scheme entered the next phase seeing the payment extended until 28 March 2021. There are two separate extension […]
September 2, 2020

JobKeeper 2.0 legislation passed

JobKeeper 2.0 legislation has now passed both houses, with minor amendments that will ensure accountants are entrusted with issuing the 10 per cent decline in turnover […]
June 22, 2020

Directors set for permanent identifier under new laws

Directors will soon have to apply for a permanent unique identification number or risk hefty fines, following the passage of new legislation.   Treasury Laws Amendment […]
June 15, 2020

$150k instant asset write-off extended for 6 months

The $150,000 instant asset write-off has now been extended until the end of the year as the government looks to spur businesses to invest.   The instant […]
May 14, 2020

National Cabinet’s Mandatory code of Conduct for COVID-19: How it affects landlords and tenants

The Victorian regulations to implement the National Cabinet’s Mandatory Code of Conduct (National Code) for COVID-19 which impacts landlords and tenants, was passed on Friday 1 […]
March 11, 2020

Passive directors at ‘real risk’ under new DPN regime

Accountants have been urged to warn passive directors on their personal liabilities with GST after new laws were recently passed.   From 1 April, the Commissioner […]