ATO

May 19, 2021

Victoria targets property investors with tax measures worth $2.7bn

VICTORIA TARGETS PROPERTY INVESTORS WITH TAX MEASURES WORTH $2.7BN   In a pre-budget announcement on Saturday, the Andrews government said it will move to hike land […]
April 16, 2021

Director ID regime takes shape as ATO assumes new registrar role

ASIC STAFF WILL BEGIN MOVING TO THE ATO AS THE GOVERNMENT PREPARES FOR THE IMMIMENT ROLLOUT OF THE NEW DIRECTOR IDENTIFICATION NUMBER REGIME.   The move, […]
March 5, 2021

Late superannuation contributions – What employers need to know

THERE HAVE BEEN RECENT CHANGES TO THE WAY THE ATO APPLIES PENALTIES WHEN SUPERANNUATION CONTRIBUTIONS ARE PAID LATE, AND THE SIGNIFICANT EXPENSE THAT CAN RESULT.   […]
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 […]
August 10, 2020

Government confirms JobKeeper 2.0 turnover tweak

  Treasurer Josh Frydenberg has announced that eligibility for JobKeeper 2.0 will now be based on single quarters, in light of the stage 4 restrictions facing […]
July 13, 2020

Fresh $534m support package for Victorian businesses

The Victorian government has announced new $5,000 grants for businesses impacted by the second round of restrictions across metropolitan Melbourne and Mitchell Shire.   Up to […]
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 28, 2020

Victoria’s Business Support Fund Extended to JobKeeper Participants

On 23 March, the Victorian Government announced its $500 million Business Support Fund as part of a $1.7 billion stimulus package. Initially only available to small […]
April 22, 2020

ATO confirms ‘one in, all in’ JobKeeper feature

Employers will not be allowed to cherry-pick employees to put forward for the JobKeeper payment scheme, the ATO has now confirmed.   The ATO has now […]