March 2022 Client Bulletin

Welcome to our March 2022 Bulletin Contents Immediate Deductions Extended Federal Budget 2022 – 23 Are Your Contractors Really Employees? Immediate Deductions Extended Temporary full expensing enables your business to fully expense the cost of: new depreciable assets improvements to existing eligible assets, and second hand assets in the first year of use. Introduced in…

February 2022 Client Bulletin

Welcome to our February 2022 Bulletin Contents Year of the Tiger: Roaring or Bellowing? Professional Services Firm Profits Guidance Finalised PCR & RAT kits to be tax deductible, FBT free Pandemic Leave Disaster Payments rules change Cash injection for struggling businesses Year of the Tiger: Roaring or Bellowing? The 2022 Lunar New Year, Year of…

Director Identification Numbers | Now Required For All Directors

In response to a recommendation by the Productivity Commission in 2020 the Commonwealth Government passed the Treasury Laws Amendment (Registries Modernisation and Other Measures) Act 2020 which is designed to centralise Australian business registers. This Act introduces a new requirement for all current and future directors of Australian corporations to permanently hold their own unique…

August 2021 Bulletin

Welcome to our August 2021  Bulletin Contents Lockdown support: Update Are COVID-19 grants and funding tax free? Growing your business value Lockdown support: Update The support available to individuals and business has been constantly evolving and changing. Here’s a summary of where support stands around the country. For individuals From 2 August 2021, the COVID-19…