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Frydenberg knocks back JobKeeper plea from NSW

Frydenberg knocks back JobKeeper plea from NSW

by Shared by Accountants Daily | Jul 8, 2021 | News

New South Wales Premier Gladys Berejiklian on Wednesday announced the extension of the state’s lockdown restrictions, which won’t be lifted until at least 16 July. To ease the burden on the state’s businesses and staff, the Premier said her government had asked the...
‘Lockdown extension a crushing blow for business’

‘Lockdown extension a crushing blow for business’

by Shared by MyBusiness | Jul 7, 2021 | News

The Premier has formally announced the lockdown will be extended until midnight on 16 July. Read more at MyBusiness. 
New gig economy reporting regime set to debut

New gig economy reporting regime set to debut

by Shared by Accountants Daily | Jul 7, 2021 | News

The new reporting regime will see share economy platforms — such as Uber, Airbnb and Deliveroo — required to report information of all transactions to the ATO, in the same way the taxable payments reporting system (TPRS) is being currently applied across a number of...
ASIC says unlicensed advice costs ‘recovered from industry’

ASIC says unlicensed advice costs ‘recovered from industry’

by Shared by the ifa | Jul 7, 2021 | News

“Generally, costs are attributed to the industry subsector or subsectors where the regulatory effort is directed, based on the particular issues in the case. In the case of an unlicensed financial advice, ASIC’s enforcement costs will be borne, at least in part, by...
R&D tax incentive changes bring confidence to business: BDO

R&D tax incentive changes bring confidence to business: BDO

by Shared by Accountants Daily | Jul 7, 2021 | News

The government’s updated research and development (R&D) tax incentives, first introduced in the 2020–21 federal budget, bring with them three key areas of change from 1 July, said Nicola Purser, R&D tax partner at BDO, and are mostly positive.  Read more at...
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