by Shared by SMSF Adviser | Dec 15, 2020 | News
The government has decided to remove the proposal to require SMSF financial statements to be prepared at least 45 days prior to an SMSF’s lodgement date in the final version of the Treasury Laws Amendment (Miscellaneous and Technical Amendments) Regulations. Read more...
by Slye Joy | Dec 15, 2020 | News
The COVID-19 Consumer Travel Support Program payment is a one-off stimulus to help travel agents and tour service businesses with a turnover of between $50,000 and $20 million that have had their business impacted by COVID-19. Payments will be scaled, with a minimum...
by Slye Joy | Dec 15, 2020 | News
The latest CreditorWatch Business Risk Review showed that debtors took, on average, 33 days to pay their bills in November, versus 16 days in November 2019. The number of days businesses took to pay their bills peaked for the year in June at 47. By industry, the...
by Slye Joy | Dec 15, 2020 | News
The changes to the income tax law apply to the 2020-21 income year and later income years under the Treasury Laws Amendment (2020 Measures No. 5) Bill 2020. The bill applies to payments received by eligible businesses under certain grant programs administered by a...
by Adrian Flores | Dec 15, 2020 | Features
A work colleague recently asked me about whether anything good has come from not just the coronavirus crisis but also 2020 in general. After giving the question some serious thought, I had trouble even finding where to even begin answering that question. After all,...
