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Federal Budget 2022-23
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Federal budget 2022

Date: November 9, 2022
Categories: Federal
Australian treasurer Jim Chalmers announced the federal budget on Tuesday, October 25, 2022. This budget aims to create jobs, develop infrastructure, guarantee services and provide confidence to Australian businesses.We are delighted to bring highlights of the budget that will impact the business an ...
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ATO Updates (July 2022)

Date: July 7, 2022
Categories: Federal, Monthly Update
It’s time for tax agents to get ready for the new tax time in 2022 and the most important thing they have to do is to roll over the system and update the work papers.The Australian Taxation Office (ATO) has warned people not to double-dip in their deductions this year or run the risk of being audi ...
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ATO Updates (June 2022)

Date: June 7, 2022
Categories: Federal, Monthly Update
The Australian Taxation Office (ATO) has revealed four key areas that they will target this time as the 2022 tax season approaches.Record-keepingWork-related expensesRental property income and deductionsCapital gains from crypto assets, property, and sharesThese ATO priority areas will ensure that t ...
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How will the India-Australia Free Trade Agreement (FTA) boost trade?

Date: June 3, 2022
Categories: Federal
Bilateral trade between India and Australia faces a significant boost, thanks to the newly signed Australia-India Economic Cooperation and Trade Agreement (AIECTA). The deal, secured in April and likely to come into force within four months, is expected to give a welcome push to bilateral trade bet ...
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Federal Budget 2022-23

Date: April 7, 2022
Categories: Federal
The Federal Treasurer Josh Frydenberg delivered the Australian Budget 2022-23 on 29 March 2022. This budget aims to create jobs, develop infrastructure, guarantee services and provide confidence to Australian businesses.We are delighted to bring highlights of the budget that will impact the business ...
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Federal Budget 2021-22 Highlights

Date: May 18, 2021
Categories: Federal
The Federal Treasurer Josh Frydenberg delivered the Australian Budget 2021-22 on 11 May 2021. This budget aims to create jobs, develop infrastructure, guarantee services and provide confidence to Australian businesses.We are delighted to bring highlights of the budget that will impact the business a ...
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JOBKEEPER SUNSET AND WHAT IT MEANS TO ACCOUNTANTS

Date: April 10, 2021
Categories: Federal
JobKeeper helped in keeping the Australian economy afloat at the time when many Australian businesses were bleak due to Covid19.JobKeeper initially gave businesses $1,500 per fortnight per employee to help pay the wages. At one stage, almost a third of Australian workers were on JobKeeper.With ATO e ...
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Australian Federal Budget 2019-20 & Our take on it!

Date: May 30, 2019
Categories: Federal
Members of regulated superannuation funds will not have to meet the work test after 1 July 2020if they are 65 or 66 years of age. Under the bring-forward rules, individuals meeting the agerequirement can make three years’ worth of non-concessional superannuation contributions (i.e.after-tax contri ...
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