There is nothing in this Budget that would create a UK style crisis. The stage 3 tax cuts legislated to commence on 1 July 2024 are not mentioned, and most funding initiatives appear to be a reallocation of previous Government initiatives. And, the commodity driven $54.4 billion improvement in tax receipts has largely been banked, […]
Click here to download the Business & Profit Matters Newsletter – Spring 2022
23:59 UTC on 20 September 2022 is the cut-off to register for your .au direct domain. The .au domain is the new, general purpose, shorter Australian domain name option. If you do not register the direct match of your existing domain for the direct .au domain, you risk your brand equity being consumed by someone […]
Click here to download the Budget 2022-23
The NSW Government has released a range of support options for NSW flood affected residents. Please see details below: Housing support Rental support The Rental Support scheme will provide up to 16 weeks of financial rental support to flood victims in temporary accommodation. Total funding available will depend on the number of people per household […]
WHAT DO I NEED TO KNOW? The ATO has recently announced a major focus on Section 100A of the tax law – the area of the law focusing on trust distributions to associated family members, commonly referred to as splitting income among the family. Specifically, the ATO will focus its attention on cases where a […]
Click here to download the Business & Profit Matters Newsletter – Summer 2022
Despite the ongoing impact of COVID-19, things are looking up for Australia according to the findings of the latest Deloitte Access Economics Business Outlook report. Chris Richardson, Partner, Deloitte Access Economics reports despite the ongoing battle with COVID and the possibility of mutations and new strains, Australia is well placed for recovery. Richardson says while […]
The NSW Government has announced a $1bn support package for struggling NSW small businesses. Acknowledging the difficulty that business operators have faced, the NSW Treasurer Matt Kean has announced a package of measures to support small businesses impacted by COVID-19 over January and February 2022. Releasing the package, the NSW Treasurer said, “household balance sheets […]
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