2020 - KBSG Business Services

04Nov04/11/2020

Inside this issue

What the "full expense" write-off means for business
Both tax and SMSF audits still on ATO's radar, but some leniency given
ATO's cyber safety checklist
The investment option that can hide unexpected GST
Rounding of GST where fractions of a cent result
Jobkeeper extension's alternative turnover tests

19Oct19/10/2020

Newsletters

2020-21 Lodgement Rates and Thresholds

Newsletter - October (Rates and thresholds)

Inside this issue

2020-21 lodgement rates and thresholds
Individual tax rates
Tax offsets
Corporate tax rates
FBT rates and thresholds
Medicare
Superannuation
Foreign currency exchange rates

08Oct08/10/2020

Newsletters

Federal Budget 2020 – 2021

Newsletter - October (Federal Budget)

Inside this issue:

Federal Budget 2020 - 21
Business
Superannuation
Housing
Employment & training
Manufacturing
Health & families
Environment

[Read more.....]

08Oct08/10/2020

Newsletters

Jobkeeper rules, conditions and payment rates have changed

Newsletter - October

Inside this issue:

Jobkeeper rules, conditions and payment rates have changed
New data matching programs initiated by the Federal Government
SMEs: ATO confirms Jobkeeper payments do not contribute to aggregated turnover
Fears of Div 7A danger from COVID-relaxed loan repayments unfounded
Electronic execution of documents during COVID-19
SMSF regulations to allow six members under new legislation

[Read more....]

14Aug14/08/2020

Newsletters

The Jobkeeper scheme gets an update, plus an extension

Newsletter - August

Inside this issue:

The Jobkeeper scheme gets an update, plus an extension
Has your super fund got you covered for insurance - for Covid-19 maybe not?
Rental property: Tax approach adjusts for Covid-19
General common rental property mis-steps
Claiming a deduction for transport expenses when carrying bulky equipment

[Read more......]

14Aug14/08/2020

Newsletters

Tax return tips

Newsletter - July 2020

Inside this issue:

Tax return tips
Instant asset write off extended to 31 December
The realities of insuring against cyber crime
Remote AGMs and document signing allowed
Varying PAYG instalments because of Covid-19

[Read more.....]

14Aug14/08/2020

Newsletters

Last-minute tax planning tactics

Newsletter - June 2020

Inside this issue:

Last-minute tax planning tactics
Expatriates: Part-year resident or non-resident for tax purposes?
Rent (passive) income and 'carrying on a business' for Jobkeeper eligibility
Covid-19 and residential rental property claims
Concerns on property development and SMSFs
Laws on bankruptcy changed to the help cope with Covid-19

[Read more....]

04May04/05/2020

Newsletters, Uncategorised

Answers to COVID-19 work-from home expense questions and CGT concerns

Newsletter - May 2020

Inside this issue:

Answers to COVID-19 work-from-home expense questions and CGT concerns
Your business and the JobKeeper scheme
Alternative turnover test for JobKeeper released
COVID-19 instant asset write off and accelerated depreciation
Early release from super a relief, but comes with risks
Here’s what attracts the ATO’s attention about luxury car tax

[Read more.....]

01Apr01/04/2020

Newsletters

Covid-19: Your stimulus and rescue package explained

Newsletter - April 2020

Inside this issue:

Covid-19: Your stimulus and rescue package explained
Key points: The JobKeeper package
Coronavirus stimulus package
e-bikes, FBT and salary sacrificing
Employers get an amnesty for missing super payments
Individual or corporate trustee for your SMSF?

[Read more....]

31Mar31/03/2020

Articles, NewslettersTax Update

JobKeeper Payment Announcement

The Australian Government yesterday announced the JOBKEEPER Payment Subsidy that applies to Employers as well as the Self-employed. View as webpage

Yearly Archives - 2020

What the “full expensing” wirte-off deduction means for business

2020-21 Lodgement Rates and Thresholds

Federal Budget 2020 – 2021

Jobkeeper rules, conditions and payment rates have changed

The Jobkeeper scheme gets an update, plus an extension

Tax return tips

Last-minute tax planning tactics

Answers to COVID-19 work-from home expense questions and CGT concerns

Covid-19: Your stimulus and rescue package explained

JobKeeper Payment Announcement