2020 has been a difficult year for everyone due to the significant challenges that the community has experienced. The Australian Taxation Office (ATO) recognises these circumstances and have made some changes to support the community.   Jobseeker (Newstart Allowance)   This payment is avai...
We all know that doing your tax can be daunting and stressful. But if you start preparing and collecting all the documentations you need before tax season comes, then you’re saving yourself a lot of time and trouble. In Australia, the fiscal year ends at the 30th of June and until 31st of October ...
Please note: Some of these proposals are still being debated within the government and some of the proposed changes have not yet been legislated Proposed increase of the threshold for instant asset write-off from $20,000 to $30,000 for small and medium sized businesses with an annual turnover of les...