Author: Lisel Montague

• What the “full expensing” write-off deduction means for business
• Both tax and SMSF audits on still on ATO’s radar, but some leniency given
• ATO’s cyber safety checklist
• The investment option that can hide unexpected GST
• Rounding of GST where fractions of a cent result
• JobKeeper extension’s alternative turnover tests

• Business
• R&D tax incentive
• Temporary “full expensing” deduction for businesses
• Temporary loss carry-back
• Corporate residency test to be clarified
• Victoria’s business support grants to be nane
• Superannuation
• Housing
• Employment and training
• Manufacturing
• Environment
• Health and families

• JobKeeper rules, conditions and payment rates have changed
• New data matching programs initiated by the Federal Government
• Fears of Div 7A danger from COVID-relaxed loan repayments unfounded
• Electronic execution of documents during COVID-19
• SMSF regulations to allow six members under new legislation

• Covid-19 payments and some issues for companies and trusts
• Covid-19 and trust liquidity issues
• Where you stand with vehicles and the boosted instant asset write off
• Covid-19 and SMSF rental relief

• The JobKeeper scheme gets an update, plus an extension
• Has your super fund got you covered for insurance?
• Rental property: Tax approach adjusts for Covid-19
• Claiming a deduction for transport expenses when carrying bulky equipment