by Maja Garaca Djurdjevic | Jun 1, 2020 | News
The latest guideline published on Monday provides a transitional compliance approach for a complying super entity concerning the application of the amendments to section 295-550 of the Income Tax Assessment Act 1997, where a superannuation entity incurs certain...
by Shared by MyBusiness | Jun 1, 2020 | News
Speaking to the media on Friday, the PM hinted that the government could consider extending some of its stimulus measures beyond their September expiration date, but only for some sectors of the economy. Read more at MyBusiness.
by Shared by SMSF Adviser | Jun 1, 2020 | News
Registered on 28 May, the federal government’s Superannuation Legislation Amendment (2020 Measures No. 1) Regulations 2020 alters the SIS Regulations, increasing the age at which the work test starts to apply for voluntary concessional and non-concessional...
by Shared by Accountants Daily | Jun 1, 2020 | News
Announced in the first round of the government’s stimulus package in early March, the instant asset write-off threshold was increased by fivefold, rising from $30,000 to $150,000. Read more at the Accountants Daily.
by Maja Garaca Djurdjevic | Jun 1, 2020 | News
The enhanced sandbox, available from 1 September, is expected to provide a further boost to Australia’s rapidly maturing fintech ecosystem, reducing barriers to entry and promoting competition. The sandbox will function by creating a safe environment for fintech firms...
