Tax-free government money to combat COVID-19? State, territory, and the Commonwealth governments are now in the process of providing tax-free grants to businesses to support them during lockdowns imposed to protect public health from the pandemic.…
A brief history of our complicated Australian taxation system.…
Government mini-budget. The Razor Gang is out – tax changes proposed. The 2011/12 Mid-Year Economic and Fiscal Outlook (MYEFO) has been issued by the Government. In effect, this is a mini-budget.…
Bert has moved into the home and made best use of the State Government first home owners’ duty concession. He will not rent the property out until February next year.…
Foreign resident or Australian overseas? Banks and governments automatically sharing your information around the world.…
Government imposes retrospective Director Penalties.…
There has been a huge blowout in the wages bill for Australian Governments over the past four years. We have checked the statistics provided by the Australian Bureau of Statistics.…
Australian Tax Changes 2022-2023. Recent changes are outlined below: Keywords: Australian Tax Changes 2023. Next Article. Disclaimer: We believe this information to be correct at the time of publication.…
Substituted Australian accounting period. The overseas, controlling owners of an Australian company may want to apply to change the 30 June balance date for the Australian company to line up with the home country balance date.…
Governments have been cracking down with increased taxation on non-residents that own land here in Australia. That’s happening at a Commonwealth and State level. From July 2018, the Queensland Government implemented Absentee land tax rules.…