/ Monthly Update Archives - Page 4 of 6 - Carisma Solutions Blog
Premiumcoding top text

Welcome to our blog, we will keep you informed

Carisma Solutions Blog » Monthly Update

By:
0
Tax Relief for Flood-Affected CommunitiesThe below relief measures are announced to alleviate pressures of small businesses & individuals in flood-affected areas of QLD & NSW:Additional time to meet any upcoming BAS/IAS obligations.Option to vary the quarterly PAYG Income Tax Instalme ...
Read more
By:
0
Deductibility of expenses incurred for COVID – 19 testsThe government confirmed that a new legislation would be introduced to allow individuals to claim the expenses incurred towards work-related COVID – 19 tests.It is also stated that this legislation will ensure the employers are not im ...
Read more
By:
0
2021-22 Mid-Year Economic & Fiscal Outlook (MYEFO)Cash deficit of $99.20 Billion is expected, which is equivalent to 4.50% of GDP. This is in fact an improvement of $7.40 Billion from the previous budget.Tax receipts as a share of GDP are expected to fall from 22.90% in 2020-21 to 22.10% ...
Read more
By:
0
Upcoming changes to the On-demand reportsNew field to be added to the On-demand Outstanding Activity Statement (Current + Previous 3 Years) report.New field to be added to the On-demand Income Tax Lodgment (Current + Previous 3 years) report to display whether each period/year is eligible for ...
Read more
By:
0
Luxury Car Tax (LCT) The ATO has expressed concerns that several entities are using certain arrangements to improperly claim the refund for LCT.It is reported that one of more of the participating entities (described as a ‘missing trader’) does not correctly report and pay the LCT to the ...
Read more
By:
0
General UpdatesOutcome of Budget 2020-21Cash Deficit of $134.20 Billion.Total Receipts increased by $20.10 Billion.Total Payments were reduced by $6.70 Billion.Net Debt was $592.20 Billion as of 30th June 2021 (Lower than forecasted previously). ATO/ASIC Regulatory Updates< ...
Read more
By:
0
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.  ...
Read more
By:
0
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 ...
Read more
By:
0
We are delighted to present our first Client Newsletter this December. This is an effort to Connect The Dots and find shape and meaning to key updates from ATO, Accounting Business and others month on month. Through this Newsletter, we strive to make it easy for you to read, connec ...
Read more
By:
0
This month we bring to you the latest updates on Payroll Tax Relief by the South Australian Government and Extension to Shortcut method for WFH. We touch upon Implication of Job Keeper Payments in relation to Work Test and the New PAYG Withholding Tax Rates. Concession on SMSF Assets Valuation  ...
Read more
Page 4 of 6« First...23456