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ATO Updates (October 2021)

Date: October 9, 2021
Categories: Monthly Update
VICTORIA – Payroll Tax Deferral & Additional Funding to UniversitiesUniversities to be given more time to pay the existing payroll tax deferrals granted in 2020.A further deferral for 2021-22 will also be granted.The above-deferred payments are to be paid in 2 installments in 2024.  ...
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GREEN FINANCE

Date: October 8, 2021
Categories: Financial Planning
Green Finance refers to the financial arrangements that are specific to the use for projects that are environmentally sustainable or projects that adopt the aspects of climate change. The simplest way to describe Green Finance is that it is any form of structured financial activity which is created ...
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WORLD FINANCIAL PLANNING DAY

Date: October 6, 2021
Categories: Financial Planning
Nowadays we can see most people are quite inclined towards financial awareness. Managing and investing in their finances have become a priority in most peoples’ lifestyles. Managing your finances or financial planning is about administering your finances to achieve your financial goals in the most ...
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I’M USING WINDOWS 11

Date: September 20, 2021
Categories: Technology
  I installed Windows 11 on my laptop last week. I have been using the new OS for the past week.Here are some of the interesting features that I liked.1) Start Menu and Taskbar. It’s modern, fresh, clean, and beautiful.Start utilizes the power of the cloud and Microsoft 365 to sh ...
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ATO Updates (September 2021)

Date: September 7, 2021
Categories: Monthly Update
Commonwealth’s COVID – 19 Disaster Payments – Workers across the state who lost hours because of lockdown will be eligible for this support payment through the Commonwealth’s COVID – 19 Disaster Payment. The Businesses in Victoria that don’t qualify for the Victorian Government Support ...
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RETIREMENT BENEFIT PLANNING

Date: August 31, 2021
Categories: Financial Planning
A regular payment made during a person's retirement from an investment fund to which that person or their employer has contributed during their working life.There are 5 types of Pensions and they are Transition to retirement (TTR) pensions, Account-based pensions, Annuities, The government’s Age P ...
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Forecasting the future with Xero Analytics Plus

Date: August 9, 2021
Categories: Bookkeeping
Xero never stops surprising us with the new features and benefits for their new and existing customers. Hubdoc is one of the most successful introductions in 2020 and for 2021 it is Analytics Plus.Xero has released Analytics Plus a new suite of planning and forecasting tools.Some features of Xero ...
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ATO Updates (August 2021)

Date: August 9, 2021
Categories: Superannuation, Tax
INDUSTRY UPDATES: New Services to attract Foreign BusinessesThe ATO has launched its New Investment Engagement Service (NIES) on 1st July 2021.The purpose of launching these services is to promote confidence & assist foreign Investors in understanding potential tax risks ar ...
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ATO Updates (July 2021)

Date: July 8, 2021
Categories: Tax
Temporary COVID disaster payment: This is available for workers who reside or work in a ‘Commonwealth declared hotspot’, who are unable to attend work and earn income due to state-imposed restrictionsThis is available for Australian citizens, permanent residents & eligible work ...
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Your Future Your Super Policy: What it really means?

Date: July 6, 2021
Categories: Superannuation
Superannuation system that we have now, has gone under quite a few reviews since 2013. The reviews were commissioned by the Coalition Government to ensure that the system is working for the Australians. Upon a 2014 Financial System Inquiry (FSI), it was observed that super industry needed to improve ...
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