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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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PM announces COVID disaster payment

Morrison Announces COVID Disaster Payment

Emma Zajac
General
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The temporary payment will be made on a week-by-week basis to those suffering lost income in Commonwealth-declared hotspots. Prime Minister Scott Morrison on Thursday announced a new temporary COVID disaster payment which will provide financial support for areas defined as COVID-19 national hotspots and are undergoing lockdown for more than seven days. Workers who are…
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Acting Victorian Premier James Merlino on Wednesday announced extended support for the state’s small and medium-sized business

Victoria Doubles Business Support Package

Emma Zajac
Small Business
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Government weighs up federal support as Victoria doubles business support package. The Victorian government will allocate a further $209.3 million to support the state’s small businesses through an extended lockdown as the Morrison government hints at federal support on Thursday. Acting Victorian Premier James Merlino on Wednesday announced extended support for the state’s small and…
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Gladys Berijiklian NSW Government

NSW Announces $24m Innovation and Research Program

Emma Zajac
Small Business
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The Berejiklian government will offer small and medium-sized businesses up to $24 million in grants over two years to commercialise solutions for the government’s agencies. The NSW government on Tuesday announced its Small Business Innovation Research (SBIR) program, a scheme geared toward encouraging small and medium-sized businesses to solve government initiatives related to five of…
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Closed Victorian Business Due to Corona Virus

Victoria Announces $250m Targeted Business Support Package

Emma Zajac
Small Business
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While Victoria’s $250 million business support package will offer welcomed reprieve to some businesses facing extreme uncertainty after the state entered its fourth lockdown last week, others think the package is light on detail, and is unlikely to cover the losses suffered. Victorian acting premier James Merlino on Sunday revealed a $250 million targeted business…
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