by Shared by SMSF Adviser | May 26, 2020 | News
The ATO has previously confirmed in March that their “compliance approach for the 2019–20 and 2020–21 financial years is that we will not take action if an SMSF gives a tenant — even one who is also a related party — a temporary rent reduction, waiver or deferral...
by Shared by MyBusiness | May 26, 2020 | News
The findings of Reckon’s Resilience Report have shown that years of drought, the recent bushfires and the current COVID-19 pandemic have had a major impact on Australian small businesses, with 47 per cent admitting they have seriously considered closing their doors...
by Shared by Accountants Daily | May 26, 2020 | News
The Tax Institute’s senior tax counsel, Professor Robert Deutsch, believes tax practitioners who are only relying on the cash or accruals method to determine a decline in turnover could be inadvertently locking clients out of the JobKeeper program that they could be...
by Shared by Accountants Daily | May 25, 2020 | News
RSM Australia has now launched a chatbot, dubbed RAMI, utilising artificial intelligence to deal with the influx of frequently asked client questions around COVID-19 stimulus measures. Read more at Accountants Daily.
by Shared by MyBusiness | May 25, 2020 | News
The Australian Small Business and Family Enterprise Ombudsman, Kate Carnell, has released a comprehensive plan, proposing a number of structural changes to improve the legal, regulatory and compliance environment for small businesses. Read more at...