by Maja Garaca Djurdjevic | Oct 25, 2020 | News
Speaking before a parliamentary committee on Friday, Mr Shipton explained that the Australian National Audit Office (ANAO) had found that the $118,557 in taxation-related expenses paid to him to relocate from the US exceeded the limits set within the relevant...
by Shared by SMSF Adviser | Oct 25, 2020 | News
Given the economic circumstances and the impact of COVID-19, there may be situations with limited recourse borrowing arrangements where the bank or lender calls upon the guarantee where there are defaults on repayments, said DBA Lawyers special counsel Daniel Butler....
by Shared by MyBusiness | Oct 25, 2020 | News
For companies to utilise their carried-forward losses in a particular year, they need to satisfy the continuity of ownership test, the ATO said in its latest business bulletin. Read more at MyBusiness.
by Shared by Accountants Daily | Oct 25, 2020 | News
“[In JobKeeper 1], the legislation didn’t require the actual turnover to decline, so we saw a lot of organisations make a projection in a very difficult environment… and a lot of those projections didn’t pan out and that’s fine,” said ATO assistant commissioner...
by Adrian Flores | Oct 22, 2020 | Blog
JobKeeper and JobSeeker aside, the early access to super scheme is the one government stimulus measure that has had the most rapid take-up. Under the scheme, subject to fulfilling certain hardship criteria as a result of the coronavirus, individuals could access up to...
