The Federal Budget for 2020 announced personal and business tax relief through various tax cuts. The legislation was approved by parliamen..
What are fringe benefits?
Employees may opt to make an agreement with their employers that provides them with fringe benefit ‘payments’ in..
The Budget seeks to promote tax reform and simplification in an effort to support business investment and help reduce the personal income ..
The Budget highlights the government’s commitment to getting people back in jobs and upskilling Australians.
The JobTrainer Fund which fal..
The government recognises that despite support to get through the COVID-19 outbreak, not all businesses are going to remain viable.
Job losses have been extensive during the COVID-19 pandemic and the JobMaker Hiring Credit will give businesses incentives to take on addi..
Determining where to invest requires multiple factors to be taken into consideration. One such factor may be tax efficiency. The tax charg..
In its efforts to boost the economy, the Federal Government is considering bringing the planned income tax cuts forward. The intention beh..
Individuals upskilling and educating themselves during these down times may be eligible to claim a deduction for their self-education expe..
It is not uncommon for businesses to provide loans to shareholders or associates of a company. However, business owners should know the co..