Debbie Grace 10/9/21 Debbie Grace 10/9/21

Expansion of support for SMEs to access funding.

The Government is providing additional support to small and medium sized businesses ('SMEs') by expanding eligibility for the SME Recovery Loan Scheme.

Debbie Grace 8/9/21 Debbie Grace 8/9/21

Divisional 293 concessional contribution assessments have been issued.

The ATO has recently issued approximately 30,000 Division 293 assessments for the 2018/19 and 2019/20 financial years.

Debbie Grace 1/9/21 Debbie Grace 1/9/21

New FBT retraining and reskilling exemption available.

Recent legislative amendments mean that employers who provide training or education to redundant may now be exempt from FBT.

Debbie Grace 26/8/21 Debbie Grace 26/8/21

The ‘gigs up’ with a new sharing economy reporting regime.

Treasury has released draft legislation introducing the long-awaited third party reporting regime (proposed to apply from 1 July 2022).

Debbie Grace 24/8/21 Debbie Grace 24/8/21

ATO Tax Debt warning letter to businesses.

Businesses with over $100,000 in tax debt will begin to receive orange warning letters from the ATO, advising their intent to disclose their tax debt to credit reporting bureaus.