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New laws target sharing economy platforms

New Laws Target Sharing Economy Platforms

Emma Zajac
General
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In an attempt to reign in undeclared income, proposed new laws will require platform providers in the sharing economy to report all transactions through their platforms. Traditional employment models have shifted in favour of more flexible options including contracting, self-employment and use of labour hire. Consumers are increasingly paying to ‘use’ rather than ‘own’ assets,…
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Business in a post pandemic environment

Business in a Post Pandemic Environment

Emma Zajac
General
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Countries that have experienced the worst of the pandemic give Australian businesses an insight into what to expect in a post-lockdown environment. Australia, like New Zealand, has managed COVID-19 on an elimination basis. That is, lockdowns and border closures to keep the virus out. And, it has worked comparatively well with New Zealand suffering 26…
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Lock-downs: What help is available

Lock-Downs: What Help is Available

Emma Zajac
General
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The highly infectious Delta COVID variant is triggering lock-downs across the country. We look at what help is available and how you can get it. FOR YOU COVID-19 Disaster Payment The COVID-19 disaster payment is available to eligible workers who can’t attend work or who have lost income because of a lockdown and don’t have…
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Major new COVID-19 support package to help tens of thousands of businesses across NSW

Major New COVID-19 NSW Business Support Package

Emma Zajac
Small Business
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The NSW Government today announced a major new grants package and changes to the Dine & Discover program to help tens of thousands of small businesses and people across NSW impacted by the current COVID-19 restrictions. The package includes grants of between $5000 and $10,000 for small businesses, payroll tax deferrals for all employers, an…
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Ato Secures Data Matching Program till 2023

Crypto Crackdown Underway with ATO Data-Matching Program

Emma Zajac
General
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Over 600,000 Australians who have invested in cryptocurrency will now be unable to hide from their tax obligations as the ATO extends its data-matching program to 2023. The ATO’s cryptocurrency data-matching program, first launched in April 2019, will now scrutinise cryptocurrency transactions and account information from designated service providers for a further three financial years to…
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Tax Time 2021 Changes Working from Home Expenses

Tax Time 2021: Work From Home Expenses Under Scrutiny

Emma Zajac
General
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Work from home expenses under scrutiny & the perils of browsing Facebook. If you worked from home during lockdown and spent money on work related items that were not reimbursed by your business, you might be able to claim some of these expenses as a deduction – but not everything you purchase can be claimed.…
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