For superannuation updates and changes to STP reporting, we have you covered for the new financial year ahead. So what changes on 1 July 2021? Read on!
What changes on 1 July 2021?
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Taxation
Work from home expenses under scrutiny
If you worked from home you might be able to claim some expenses as a deduction – but not everything! Work from home expenses under scrutiny, so read on!
Tax exemption for ‘granny flat’ arrangements
The Government has moved to formalise ‘granny flat arrangements’ to protect older Australians. A tax exemption for ‘granny flat’ arrangements, yes please!
Tax treatment of JobKeeper payments handed back
The ATO has clarified the tax treatment of JobKeeper payments handed back to the ATO. The clarification comes after businesses collectively returned millions.
Refunds for Tax Losses: Has your company made a loss?
If your company has made a loss, you may be able to claim a tax refund for tax previously paid on profits. Refunds for tax losses? Yes please!