by Maja Garaca Djurdjevic | Aug 5, 2020 | News
Commissioner of Taxation Chris Jordan has issued a message to tax professional in Victoria, noting that a range of practical support options are available to them as Melbourne-based businesses enter stage four restrictions overnight. The ATO is offering Victorian...
by Maja Garaca Djurdjevic | Aug 5, 2020 | News
Over 150 survey responses and a number of submissions in relation to the ABSFEO’s Insurance Inquiry were received in the first few days and the number is expected to grow. “While we are only in the early stages of the inquiry, it is clear the small business community...
by Shared by The Age | Aug 5, 2020 | News
With $274 billion in mortgages and small business loans deferred as an emergency response to the pandemic, ASIC commissioner Sean Hughes told a parliamentary hearing on Wednesday that the regulator was in daily contact with banks and other lenders to understand how...
by Shared by MyBusiness | Aug 5, 2020 | News
On its website, the ATO said it considers a debt to be forgiven for tax purposes if, generally: The debtor is somehow relieved from the legal obligation to repay it. There is evidence that the creditor won’t insist on repayment or rely on the obligation for repayment....
by Maja Garaca Djurdjevic | Aug 4, 2020 | News
Victorian Premier Daniel Andrews has confirmed that professional firms, including accountants and legal services firms, will not be permitted to work on-site from Wednesday 11:59pm, for a period of six weeks. According to the Victorian Premier, who announced stage...
