Your business may be able to claim a deduction for income that cannot be recovered from a customer or debtor....

Easier to pay your tax bill The ATO has improved how your business can use and manage its credit or...

Do you use trading stock for private purposes? It is common for certain business owners (e.g. sole traders, individuals and...

COVID-19 measures: how your business might be affected JobKeeper scheme The JobKeeper scheme ended on 28 March 2021. Your business...

If you and/or your partner has not lodged your 2018-19 Individual tax return with the ATO by 31 March 2021, your...

Property sales The ATO regularly receives data relating to the purchase and sale of properties from State and Territory revenue...

$10,000 + cash transactions Do you remember the Government’s proposal to ban cash transactions in excess of $10,000? It was...

Insolvency reforms Important changes to Australia’s insolvency laws commenced on 1 January 2021. The Assistant Treasurer has said that they...

JobKeeper Don’t forget that the JobKeeper scheme ends on 28 March 2021. The second JobKeeper extension has started and covers...

Trading stock taken for private use It is common in a number of industries for trading stock to be used...