by Shared by Accountants Daily | Oct 12, 2020 | News
The Coronavirus Economic Response Package (Payments and Benefits) Alternative Decline in Turnover Test Amendment Rules 2020 sets out two alternative tests where trading ceased due to events or circumstances outside of the ordinary course of business. Read more at the...
by Maja Garaca Djurdjevic | Oct 12, 2020 | News
After the government’s Stage 2 tax cuts breezed through Parliament on Friday, the ATO has confirmed the updating tax withholding schedules will be ready this week. Once the tax withholding schedules have been updated and published, employers will need to make...
by Shared by the ifa | Oct 11, 2020 | News
At a recent hearing of the House economics committee, deputy chair Andrew Leigh slammed ASIC for “not yet responding” to calls for an investigation from Labor MP Matt Thistlethwaite into the Colonial Super Retirement fund. Read more at the ifa.
by Maja Garaca Djurdjevic | Oct 11, 2020 | News
Treasury Laws Amendment (A Tax Plan for the COVID-19 Economic Recovery) Bill 2020, which consists of five tax measures announced in Tuesday’s budget, passed Parliament on Friday. This means employers and employees could reap the benefits of Tuesday’s budget in weeks,...
by Shared by SMSF Adviser | Oct 11, 2020 | News
As part of its Your Future, Your Super package, the government revealed plans in the federal budget on Tuesday to staple existing superannuation accounts to a member in order to avoid the creation of a new account when the person changes their employment. Read more at...
