News

• Some money is not counted as ‘income’ by the ATO
• New insolvency reforms to support small business
• When it comes to real estate and CGT, look at timing
• Managing your superannuation transfer balance account
• Refinancing loan interest may be deductible to a partnership
• Partnership facts and foibles

• Update your ABN… or miss out!
• Vehicle benefit FBT treatment changes under Covid-19
• A hand up for small businesses on cash flow
• Unexpected lump sum payment in arrears? There’s a tax offset for that!
• Taken goods for private use? Here’s the latest values
• New Director Identification Number regime may be just around the corner
• The SMSF sector has been growing by $62,400 every minute

• A run down of the new loss carry back measure
• Calling time out on your business? Some essentials you’ll need to know
• Small business CGT concessions: Goal posts moved on vacant land and active assets
• ATO takes aim at ‘you-scratch-my-back’ auditing arrangements
• Claiming interest expenses for rental properties
• What is a recipient created tax invoice

• 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