National Cabinet agreed to end the mandatory isolation requirements for COVID-19 effective from 14 October 2022. Each state and territory has, or will, implement the end of the isolation rules.

Business Development, New BusinessJPR BUSINESS GROUP14 October 2022covid, covid-19

Australian super funds gorge on cryptocurrency

The value of cryptocurrency assets inside Australian self managed superannuation funds (SMSFs) increased by 589.9% ($1.17bn) between June 2019 and June 2022, according to the latest ATO statistics.

SuperannuationJPR BUSINESS GROUP10 October 2022Crypto, Cryptocurrency, superannuation, SMSF

Action Needed - Director ID Deadline Fast Approaching

The application deadline for Director ID numbers is fast approaching.

A Director ID is a unique identification number assigned to a director. It only needs to be applied for once and is valid indefinitely.

How to sell your business

There are two key components at play in the sale of a business: structuring the transaction; and positioning the business to the market. Both elements are important and can significantly impact your result.

Business Development, New BusinessJPR BUSINESS GROUP15 September 2022Small business, small business, business

Acquiring collectibles inside your SMSF

Clients with self managed superannuation funds (SMSF) often ask what assets the SMSF can acquire.

SuperannuationJPR BUSINESS GROUP12 September 2022collectables, smsf, superannuation

Register your .au domain!

23:59 UTC on 20 September 2022 is the cut-off to register for your .au direct domain. The .au domain is the new, general purpose, shorter Australian domain name option.

Business Development, New BusinessJPR BUSINESS GROUP9 September 2022website, domain, business

120% deduction for skills training and technology costs

An election ago, the 2022-23 Budget proposed a 120% tax deduction for expenditure by small and medium businesses on technology, or skills and training for their staff. This proposal has now been adopted by the current Government and details released in recent exposure draft by Treasury.

Taxation, Business DevelopmentJPR BUSINESS GROUP5 September 2022tax, skills training deduction, tax deductions

Tax reprieve for double taxation of Indian technical support

The tax system currently allows Australia to tax payments made by an Australian customer in relation to technical services provided by an Indian firm, even when the services are provided remotely. This is due to the wording contained in the double tax agreement between Australia and India.

TaxationJPR BUSINESS GROUP1 September 2022tax, Taxation

How high will interest rates go?

The RBA lifted the cash rate to 1.85% in early August 2022. The increase comes a few weeks after Reserve Bank Governor Philip Lowe told the Australian Strategic Business Forum that “…we're going through a process now of steadily increasing interest rates, and there's more of that to come.

Can I claim my crypto losses?

The ATO has released updated information on claiming cryptocurrency losses and gains in your tax return.

TaxationJPR BUSINESS GROUP13 August 2022crypto, cryptocurrency, tax