Support and assistance if you have been affected by the bushfires

Ten million hectares, lives lost, wildlife on the brink, billions in lost revenue and clean-up costs. For many, returning life to normal is a long way off this summer. We summarise the help available to those impacted by the bushfires.

Lifestyle assets new target of the ATO

The ATO has requested insurance policy information from 30 insurers for lifestyle assets such as yachts, thoroughbred horses, and fine arts.

Taxation, Financial AccountingJPR BUSINESS GROUP3 February 2020taxation, tax, insurance, ATO

Capital Gains Tax and the family home: foreigners and expats excluded from tax exemption

Late last year, legislative changes were made that exclude non-residents from accessing the main residence exemption. The retrospective changes directly impact foreigners and expats whose main residence is in Australia or overseas. We explore the impact.

Investment, TaxationJPR BUSINESS GROUP31 January 2020cgt, Capital Gains Tax, Taxation, capital gains

New alert system to protect SMSFs from fraud

A new system alerting SMSF trustees of changes made to their SMSF will roll out this month. The ATO will alert trustees by text and/or email when changes are made to bank details, electronic service address of the fund, the authorised contact and members.

Superannuation, TaxationJPR BUSINESS GROUP29 January 2020SMSF, superannuation, self managed super funds, Taxation, Tax

Army Reserve team assisting the MFB in providing relief to isolated communities

At the centre of every business is perhaps its greatest asset: employees. The contributions provided by each member are essential to keeping your company afloat. And one of the dedicated members of our team also serves in the Australian Defence Force Reserves.

The Super Guarantee timing trap for employers

How employers are being caught out by the timing of superannuation guarantee payments.

Australia embraces Black Friday and Cyber Monday

The Black Friday and Cyber Monday sale concepts have well and truly arrived in Australia with retailers embracing this latest retail event to stimulate what has been an economically lack lustre year.

5 things that will make or break your business’s Christmas

The countdown to Christmas is now on and we’re in the midst of the headlong rush to get everything done and capitalise on any remaining opportunities before the Christmas lull. Busy period or not, Christmas causes a period of dislocation and volatility for most businesses

New Business, Taxation, Business DevelopmentJPR BUSINESS GROUP6 December 2019business, small business, SME, christmas

Bushfire relief from ATO obligations

The ATO has provided relief from lodgement compliance and payment obligations for those impacted by the bushfires. An automatic two month deferral for activity statements lodgements and payments due has been provided to those in affected postcodes.

Super guarantee opt-out for employees with multiple employers

Employees with multiple employers can now opt-out of superannuation guarantee from all but one employer.

Financial Accounting, SuperannuationJPR BUSINESS GROUP2 December 2019super guarantee, superannuation