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ATO Updates (Mar 2021)

Date: March 9, 2021
Categories: News
 Taxation Ruling TR 2021/1 : Deductibility of employee transport expenses:On 17th Feb 2021 The ATO has released Taxation Ruling TR 2021/1 on the deductibility of employee transport expenses.An employee can only deduct a transport expense under section 8-1 to the extent that:They incur th ...
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The First Home Super Saver Scheme

Date: March 9, 2021
Categories: Superannuation
The first home super saver scheme , commonly abbreviated as FHSS allows eligible first time home buyers to voluntarily contribute to superannuation and withdraw an amount (plus earnings and less tax) to buy a first home.Eligibility for the FHSS Scheme :Individual at least 18 years oldHave never owne ...
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Financial Advice – Access to Affordable Advice

Date: March 9, 2021
Categories: Others
The market for advice is shifting in many ways post 2020. Recently released research shows about four out of ten Australians will seek financial advice over the next 12 months. Government is implementing further Financial sector reforms to strengthen the financial advice and provide consumers with b ...
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