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 - May 2021

6TH MAY 2021

This month’s monthly tax update includes information on the government proposal to modernise business communications, ATO keeping job keeper payment ‘Fair’, Independent review service for small businesses made permanent, ATO asks businesses to check if they are still using their ABNS, passenger movement data-matching program and super contribution caps will increase from July 2021. 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 2021

6TH APR 2021

April’s month’s monthly tax update includes information on JobKeeper coming to an end, backdated ABNs, the first criminal conviction for JobKeeper fraud, ATO’s taxable payments reporting system update, FBT rates and thresholds for the 2021/22 FBT year, a warning regarding new illegal retirement planning scheme and new succession planning guide for family businesses. 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 2021

9TH MAR 2021

This month’s monthly tax update provides important information on changes to STP reporting concessions taking place on the 1st of July 2021, information on micro employers, Paper PAYG and GST quarterly instalment notices and Avoiding disqualification from SG amnesty. 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 2021

2ND FEB 2021

January/ February's monthly tax update includes vital information on the new governmental measures that are taken place starting 1st of January 2021, information on the shortcut rate for claiming home office expenses being extended, AAT decision on Job keeper and backdated ABNs, SMSF related party rental income deferrals due to COVID-19, ATO data-matching programs, the Job Keeper hiring credit scheme and the cash payment limit bill shelved. 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 2020

22ND DEC 2020

This month’s monthly tax update draws close to the 2020 year, providing important information on Improvements to be made to full expensing measure, the JobMaker Hiring Credit being passed, ATO Visa Data Matching Program and STP data-sharing with Services Australia. 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 2020

5TH NOV 2020

November’s monthly tax update expands on the most recent tax cuts at parliament (for both individuals and businesses), important information also includes deferral of interest due to COVID-19, Simplified home office expense deduction claims due to COVID-19 and COVID-19 and loss utilisation 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 2020

7TH OCT 2020

This month’s monthly tax update provides vital information on Tax treatment of JobKeeper Payments, Deduction for work-related vehicle expenses disallowed and Special COVID-19 Superannuation Condition of Release Extended. 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 2020

9TH SEP 2020

This month’s monthly tax update provides important updates relating to Superannuation guarantee rate increase update, JobKeeper 2.0 (tweaks to the decline in turnover test) and expanded eligible employee definition for JobKeeper. 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 - August 2020

8TH AUG 2020

August’s monthly tax update provides important updates regarding the extension of the JobKeeper payment, the extended JobKeeper Payment Rates and Additional new turnover tests related to JobKeeper. Please contact us if you wish to discuss how the points raised in this month’s monthly tax update specifically affect you.