by Shared by Accountants Daily | Aug 2, 2021 | News
Mr Morrison told ABC Radio on Thursday morning that the federally funded income support scheme would now provide tax-free payments of $750 a week to workers who lose 20 or more hours of work a week, and $450 a week to those who lose between eight and 20 hours. Read...
by Juliet Helmke | Jul 30, 2021 | News
The government has released draft legislation to relax regulatory measures around employee share schemes, making it easier for businesses to attract workers with equity. The legislation, which was first announced in the 2021-22 budget, proposes to alter the existing...
by Shared by Independent Financial Adviser | Jul 30, 2021 | News
During a House of Representatives standing committee on Thursday, Liberal MP Jason Falinski made the call after speaking with AFA heads who said an increase in regulatory requirements for the financial advice sector is resulting in increasing costs. Read more at...
by Shared by SMSF Adviser | Jul 30, 2021 | News
First issued as a draft in September 2019, the finalised Law Companion Ruling 2021/2 issued on Wednesday, which clarifies the ATO’s interpretation of amendments to NALI rules relating to non-arm’s length expenditure (NALE). Read more at SMSF...
by Shared by Investor Daily | Jul 30, 2021 | News
With Greater Sydney now facing an extended four-week lockdown period, the government confirmed this week that in NSW eligible entities including not-for-profits will receive payments between $1,500 and $100,000 per week based on the level of their payroll with the...