by Chan & Naylor | May 25, 2021 | Tax and Accounting
Preparing Your Income Tax Returns for EOFY – June 30, 2021 Now is a great time to review tax planning opportunities and consider where you might stand to benefit. Tax Planning for Individuals We have produced a comprehensive Tax Planning Guide for Individuals to...
by Chan & Naylor | May 13, 2021 | Supers
No changes to increase in superannuation guarantee percentage Despite increasing pressure from some businesses and the media to again pause the superannuation guarantee (SG) rate, no changes were announced to the SG rate in the Budget. Consequently, from 1 July 2021,...
by Chan & Naylor | May 13, 2021 | Business, News and Updates
A number of important measures were announced to more broadly support business taxpayers. These measures will support businesses to invest and grow, remove unintended consequences and reduce compliance costs. Extension of temporary full expensing measure A one year...
by Chan & Naylor | May 13, 2021 | News and Updates
Many individuals will also directly benefit from the 2021-22 Federal Budget with reduced taxes for low and middle income earners, support for child care, greater access to voluntary superannuation contributions under the Government’s First Home Super Saver Scheme and...
by Chan & Naylor | Apr 28, 2021 | Business
Single Touch Payroll Reporting | ATO changes The Tax Office has laid out some of the major changes to reporting for businesses under Phase 2 of Single Touch Payroll (STP). The federal government said in the 2019–20 budget that Single Touch Payroll would be expanded to...
