Spittal & Associates

February 2021

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.