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Jun 09, 2020 / News
How to be in the best possible tax health by 30 June 2020
With 30 June approaching, this document draws your attention to year-end tax planning strategies and compliance issues you need to consider to ensure you are in the best possible tax health. Read more
May 29, 2020 / News
Extension of ASIC reporting deadlines for 30 June 2020
In response to business disruptions caused by COVID-19, the Australian Securities and Investments Commission (ASIC) has announced a one month extension of the reporting deadlines for companies to lodge their audited financial reports under Chapters 2M and 7 of the Corporations Act 2001. The extension applies to both listed and unlisted companies with a balance date up to and including 7 July 2020. Read more
May 26, 2020 / News
Important: SA Land Tax Reform
As you may be aware, on 28 November 2019 the SA State Government introduced amendments to the way land tax is imposed on properties held in South Australia effective 1 July 2020. Read more
May 20, 2020 / News
Payroll Tax Concessions in the Time of Coronavirus
Governments throughout Australia have employed unprecedented measures to mitigate both the health and economic shocks to the community from COVID-19. Read more
May 18, 2020 / News
IASB revises treatment of COVID-19-related rent concessions
The Australian government’s mandatory Code of Conduct for Commercial Leases introduces a range of rent concessions for lessees, including rent reductions and rent deferrals. Read more
May 14, 2020 / News
Wine, cars & entertainment – top FBT considerations for wineries
It is beneficial to understand when FBT applies before decisions are made to avoid any nasty surprises. Read more
May 13, 2020 / News
COVID-19 Relief measures - Support for the Wine Industry
The wine industry has been significantly impacted by the Covid-19 pandemic. In light of this, the Australian and South Australian Governments have announced significant support to assist the industry through to better times. Read more
May 07, 2020 / News
Incentives are nice, but cash is better
The world of pain being experienced by business owners has not yet been revealed anywhere near it’s true extent. Read more
May 07, 2020 / News
Financial Reporting Developments
The AASB has been very active during the past two months, issuing a number of new requirements. Nexia Australia Technical Director Martin Olde highlights some of the key changes as well as financial reporting considerations relating to COVID-19. Read more
May 07, 2020 / News
50% Reduction in Pension Drawdowns
The superannuation law requires a minimum amount to be paid from a pension account each year in order for the account to be treated as being in retirement phase, and entitle the fund to income tax exemption on income arising from assets represented by the account. Read more
