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The year that wasn’t meant to be and what’s in store for Australia’s SMEs

The year that wasn’t meant to be and what’s in store for Australia’s SMEs

by Reuven Barukh | Oct 8, 2020 | Blog

As we embarked on a new decade, the national bushfire emergency was already dampening lacklustre economic growth forecasts after an enviable 30-year run of good fortune. A time to re-evaluate As worries around Australia’s slow growth turn to fears for survival in a...
ATO ready to implement tax cuts following Labor’s assurance

ATO ready to implement tax cuts following Labor’s assurance

by Maja Garaca Djurdjevic | Oct 7, 2020 | News

In accordance with longstanding practice, the ATO confirmed it will publish updated tax withholding schedules as soon as possible after bipartisan support has been confirmed for the Treasury Laws Amendment (A Tax Plan For The COVID-19 Economic Recovery) Bill 2020...
ATO issues reminder about October TBAR deadline

ATO issues reminder about October TBAR deadline

by Shared by SMSF Adviser | Oct 7, 2020 | News

In an online article, the ATO stated that where a TBA event occurred in a member’s SMSF between 1 June and 30 September 2020 and any member had a total super balance greater than $1 million, the SMSF will need to report the event. Read more at SMSF...
Big business payment times set to be made transparent under new law

Big business payment times set to be made transparent under new law

by Shared by Accountants Daily | Oct 7, 2020 | News

The Payment Times Reporting Bill 2020, which had been passed by the Senate last month, has finally passed both houses this week. Read more at Accountants Daily.
$231m focused on women’s economic security in COVID recovery

$231m focused on women’s economic security in COVID recovery

by Shared by MyBusiness | Oct 7, 2020 | News

Included in the Second Women’s Economic Security Package is $90.3 million over three years from 2020–21 for concessional work test arrangements for Paid Parental Leave in response to COVID-19. Read more at MyBusiness. 
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