by Keeli Cambourne | Mar 23, 2022 | News
As part of the 2022-23 budget, the government has announced a package of measures to slash red tape and boost the cash flow of more than 2.3 million small businesses and sole traders. These measures generate an annual compliance saving of $800 million every year;...
by Shared from SMSF Adviser | Mar 23, 2022 | News
The government is reviewing the tax treatment of cryptocurrency businesses as part of its regulatory agenda to embrace the technology. Read more at SMSF Adviser
by Shared from Accountants Daily | Mar 23, 2022 | News
The government and Treasury will consult with industry stakeholders on the appropriate operation of the non-arm’s length income (NALI) and expense provisions, particularly for APRA‑regulated superannuation funds. Read more at Accountants Daily
by Keeli Cambourne | Mar 22, 2022 | News
The latest Australian Bureau of Statistics data has revealed that household spending increased by 4.3 per cent in January 2022 when compared with January 2021 in current price, calendar adjusted terms. However, the household spending data did not complement the...
by Keeli Cambourne | Mar 22, 2022 | News
The government is calling on businesses, philanthropists and their agents to make suggestions on the policy options for how the operation of ancillary funds could be improved. The government is consulting on options for increased flexibility in the operation of...