Spittal & Associates

NEWS

Stay up to date with all the latest tax and business news with our monthly client newsletters. View previous client alerts below or ensure you’re in the know and subscribe to these newsletters by filling in the form at the bottom of this page.

Monthly Tax Update - June 2022

2ND JUN 2022

This month’s edition of the monthly tax update includes important information on ATO priorities this tax time, Avoid double dipping on your deductions, Get ready for super changes from 1 July 2022, ATO to start clearing backlog of ENCC release authorities, ATO warns about GST fraud and Employers need to prepare for changes under STP expansion. Please contact us if you wish to discuss how the points raised in this month’s monthly tax update specifically affect you.

Monthly Tax Update - May 2022

1ST MAY 2022

The May edition of the monthly tax update includes important information on No reduction in the Private Health Insurance rebate as of 1 April 2022, Disclosure of business tax debts and High Court rejects attempt to disclaim interest in trust distribution Please contact us if you wish to discuss how the points raised in this month’s monthly tax update specifically affect you.

Monthly Tax Update - April 2022

11TH APR 2022

This month’s edition of the monthly tax update includes important information on 2022-2023 Budget Measures that are now law, Reminder of March 2022 Quarter Superannuation Guarantee (‘SG’), Cents per kilometre deduction for car expenses – 2023 income year, JobMaker Year 2: adjusting baseline headcount, Re-contribution of COVID-19 early release super amounts and Penalties for overdue TPAR. Please contact us if you wish to discuss how the points raised in this month’s monthly tax update specifically affect you.

Monthly Tax Update - March 2022

3RD MAR 2022

The March edition of the monthly tax update includes important information on Tax deductibility of COVID-19 test expenses, Super changes and full expensing 12-month extension now law, 12-month extension of the temporary loss carry-back measure, Keeping and maintaining SMSF records, SMSF – statistical overview from 2020 lodgements published and new shield against debt recovery proposed for small business and Small employers and STP. Please contact us if you wish to discuss how the points raised in this month’s monthly tax update specifically affect you.

Monthly Tax Update - January/ February 2022

7TH FEB 2022

This month’s edition of the monthly tax update includes information on ATO support for businesses in difficult times, Government extends SME Recovery Loan Scheme to 30 June 2022, COVID-19 vaccination incentives and rewards, Higher PAYG withholding rates continue to apply to backpackers, Single Touch Payroll exemption extended for WPN holders and Payment extension relating to JobKeeper objections. Please contact us if you wish to discuss how the points raised in this month’s monthly tax update specifically affect you.

Monthly Tax Update - December 2021

2ND DEC 2021

The December edition of the monthly tax update includes information on Super is now following new employees, ABN 'intent to cancel' program, 'Backpacker tax' may not apply to some backpackers, beware of scams, Managing business cash flow and Data-matching program: Services Australia benefits and entitlements. Please contact us if you wish to discuss how the points raised in this month’s monthly tax update specifically affect you.

Monthly Tax Update - November 2021

4TH NOV 2021

This month’s edition of the monthly tax update includes information on Preparing for the new Director ID regime, Varying PAYG instalments due to COVID-19, Permanent changes to AGMs and electronic communications, AUSTRAC transaction report information data-matching program, Government payments data-matching program. Please contact us if you wish to discuss how the points raised in this month’s monthly tax update specifically affect you.

Monthly Tax Update - October 2021

1ST OCT 2021

The October edition of the monthly tax update includes information on Extra super step when hiring new employees, ATO support for employers with expansion of STP, Reminder for first-time share investors to declare income, Documenting gifts or loans from related overseas entities, Additional ATO support during COVID-19, Paid Parental Leave changes support parents in lockdown, Reminder of SG obligations for September 2021 quarter. Please contact us if you wish to discuss how the points raised in this month’s monthly tax update specifically affect you.

Monthly Tax Update - September 2021

3RD SEP 2021

This month’s monthly tax update includes information on Extending administrative relief for companies to use technology, Expansion of support for SMEs to access funding, ATO warns property investors about common tax traps, Div.293 concessional contribution assessments have been issued, Travel allowances and 'LAFHAs' and Time running out to register for the JobMaker Hiring Credit. Please contact us if you wish to discuss how the points raised in this month’s monthly tax update specifically affect you.