Cyber Hacker Scamming People during Coronavirus

COVID-19 | Rising Online Scams Taking Advantage of Coronavirus

The Australian Cyber Security Centre (ACSC) has warned of an increase in scams and phishing emails seeking to take advantage of the uncertainty around the ongoing COVID-19 crisis. According to the ACSC, the last three months have seen a significant increase in the number of individuals and businesses reporting scams and phishing emails. In a…
ATO to hold a 'Strict line' on PAYG Withholding deferrals

COVID-19 | ATO to Hold a ‘Strict Line’ on Granting PAYG Withholding Deferrals

The ATO will now only consider deferring PAYG withholding for large businesses where there is a genuine risk of insolvency, but directors have been warned of the significant risks in applying for the relief. The Tax Office has now clarified its position on its discretion to defer the PAYG withholding, GST and excise obligations of…
Restrictions Relaxed for Food Trucks & Dark Kitchens during COVID-19

COVID-19: Planning Rules Relaxed for Food Trucks and ‘Dark Kitchens’

Ministerial Media Release | Author: Rob Stokes, Minister for Planning and Public Spaces and Damien Tudehope, Minister for Finance and Small Business Food trucks and ‘dark kitchens’ are now easier to set up and operate, thanks to new planning rules in response to the COVID-19 crisis. Dark kitchens – also known as virtual kitchens, cloud kitchens,…
Construction Industry during COVID-19

COVID-19: Construction Hours Extended to Support Industry

Ministerial Media Release | Author: Rob Stokes, Minister for Planning and Public Spaces Construction sites can now operate on weekends and public holidays under new rules introduced today by the NSW Government to support the industry during the COVID-19 pandemic. Planning and Public Spaces Minister Rob Stokes said the move allows workers to abide by…
Support for Sole Traders During COVID-19

COVID-19: Support Available for Sole Traders

The Australian Government has announced measures to support businesses impacted by the coronavirus (COVID-19). If you’re a sole trader, learn what your business can get and where to go for help.   If you are a sole trader without employees If you’re a sole trader and do not employ any staff you are eligible for:…
NSW Premier Gladys Berejiklian

NSW Waives Payroll Tax in COVID-19 Response

New South Wales businesses will have their payroll tax waived for the rest of the financial year as the NSW government announces its $2.3 billion economic stimulus plan.   NSW Premier Gladys Berejiklian has now committed $450 million to waive the payroll tax for businesses with payrolls of up to $10 million for three months…
Small Business Empty due to COVID-19

ATO Implements Support Measures to Assist Those Affected by COVID-19

The Australian Taxation Office (ATO) will implement a series of administrative measures to assist Australians experiencing financial difficulty as a result of the COVID-19 outbreak. Commissioner of Taxation Chris Jordan is encouraging businesses impacted by the coronavirus to get in touch with the ATO to discuss relief options. “We know that many businesses and communities…

Why is my tax refund so small?

The tax refund many Australians expect has dramatically reduced. We show you why. There is a psychology to tax refunds that successive Governments have been reticent to tamper with. As a nation, Australia relies heavily on personal and corporate income tax, with personal income tax including taxes on capital gains representing 40% of revenue compared…
Picture2 - super wars

The ‘Super’ Wars

A consultation paper released by Treasury has sparked a national debate about the role, purpose and access to superannuation ahead of the 2023-24 Federal Budget. What is the purpose of superannuation? At first glance, the consultation released by Treasury in February titled Legislating the objective of Superannuation sounds innocuous enough. The consultation seeks to anchor…
Picture1 - work from home

What’s the Deal with Working from Home?

The Australian Taxation Office (ATO) has updated its approach to how you claim expenses for working from home. The ATO has ‘refreshed’ the way you can claim deductions for the costs you incur when you work from home. From 1 July 2022 onwards, you can choose either to use a new ‘fixed rate’ method (67…
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