News & Resources

Inside this month, the impact of the 1 July 2021 indexation changes to superannuation. Why the profits of professional services firms are being targeted by the ATO, and JobMaker fails to make a dent on unemployment.

Inside this month, why some businesses are voluntarily returning JobKeeper to the ATO. We also look at an issue we would not normally cover - COVID-19 vaccinations and the workplace - but they are the questions we were asking ourselves. And, as the end of the FBT year approaches, a review of FBT with a focus on how COVID-19 has changed the ATO's compliance approach. Finally, the Bain & Co research that shows the pandemic has broadened the productivity gap between top performing companies and others.

Inside this month we explore the final phase of JobKeeper and answer the questions clients are asking right now, and detail the Apted case where a sole trader has won the right to access JobKeeper with a backdated ABN. Plus, we overview the new streamlined insolvency laws and answer the question, how to sell your business!

Inside this month:

• The JobMaker hiring credit offers employers an incentive to create jobs. But, the detail of how the credit applies and who it applies to, is complicated. We explore the details we know so far. Note: the JobMaker hiring credit has not passed Parliament as yet.
• The 2020-21 Budget business incentives: Immediate deductions for investment in capital assets, and carry-back losses.

Inside this month, hopefully the last of the articles on COVID-19 measures and JobKeeper! We look at:

• JobKeeper: the Next Steps. What clients need to do if they are no longer eligible for JobKeeper, and the alternative tests and issues for those seeking to claim JobKeeper payments from 28 September 2020.
• Preventing a Tsunami of Insolvencies