COVID-19 lockdown support

COVID-19 lockdown support

COVID-19 lockdown support: NSW, Vic and SA If your business or employment income has been affected by recent COVID-19 related lockdowns in New South Wales, Victoria and South Australia, financial help is available from both the state and Federal governments. Depending...
Salary sacrifice donations

Salary sacrifice donations

Workplace giving versus salary sacrifice donations Have you made donations either through workplace giving or salary sacrifice arrangements with your employer? If so, and you want to claim a deduction in your tax return, it’s important to know that the tax treatment...
ATO Compliance

ATO Compliance

ATO compliance: economic stimulus measures Businesses that have accessed government economic stimulus measures need to take extra care this tax time. The ATO has announced that it will increase its scrutiny, conducting compliance activity on various economic stimulus...
Private Health Insurance

Private Health Insurance

Private health insurance rebates frozen Is your private health insurance getting more expensive every year? Part of the reason could be that the government has once again introduced legislation to freeze the related income thresholds, which were originally meant to be...
Beware: phishing and investment scams on the rise

Beware: phishing and investment scams on the rise

Emails impersonating myGov The ATO and Services Australia have issued a warning about a new email phishing scam doing the rounds. The emails claim to be from “myGov” and include screenshots of the myGovID app. myGovID can be used to prove who you are when accessing...
Coronavirus Supplement extended (but reduced)

Coronavirus Supplement extended (but reduced)

The Federal Government’s Coronavirus Supplement has been extended for a further three months. The Supplement payments were due to end on 31 December 2020, but the latest extension will allow them to run until 31 March 2021, which will be welcome news for many...