2021 Victorian State Budget Overview
On 20 May 2021, the Victorian Government handed down its budget. In its continued efforts to fund Victoria’s COVID-19 recovery, large increases in spending and…
Category: Advisory
2021/2022 Federal Budget Overview
INTRODUCTION On Tuesday 11th May 2021, the Federal Treasurer The Hon. Josh Frydenberg handed down the 2021/2022 Federal Budget which may be the last Budget…
Super Contribution Caps to increase from 1 JULY 2021
The Australian Taxation Office (ATO) has confirmed increases to concessional super contributions, as well as changes to non-concessional super contributions and the transfer balance cap…
Preparing for the end of JobKeeper
Key dates and actions for employers Source: [The Australian Chamber of Commerce and Industry] The Federal Government’s JobKeeper scheme came to an end on 28…
Circuit Breaker Action Business Support Package
On Sunday 21 February 2021, the Victorian Premier Mr Daniel Andrews announced a further $143 million support package for eligible Victorian businesses (including sole traders)…
Christmas Parties and Gifts – The Tax Implications
Traditionally, Christmas is a time for giving. Many employers choose to show their gratitude towards staff and clients by providing social activity functions such as…