News

• 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

• 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