The Queensland Government announced its stimulus package to support health, jobs, households and Queensland businesses affected by coronavirus.
Landlords are providing rent relief and other incentives to help tenants deal with COVID-19. If your landlord is an SMSF, can they do this?
The laws setting out the Federal Government’s response to Coronavirus were introduced into Parliament on 23 March 2020. We now have details of how the laws will operate in practice.
The ATO has set out ways it can help taxpayers deal with COVID-19. This is not to be confused with the Federal Government’s Economic Response to Coronavirus.
On 6 March 2020, the superannuation guarantee amnesty Bill finally became law.
Private investors should not assume proceeds from selling shares are on capital account. The Full Federal Court’s recent decision in Greig v Commissioner of Taxation highlights the uncertainty of whether amounts received from an isolated transaction are taxable on revenue or capital account.
Income which is non-arm’s length income or NALI is taxed in an SMSF at the top marginal tax rate (rather than the concessional rates that usually apply to income of SMSFs).
This could get ugly. For tax periods starting from 1 April 2020, the Commissioner will be able to pursue directors personally for their company’s outstanding GST liabilities.
The two-day program is targeted towards accountants, financial planners and other professional advisers.
The Full Federal Court decision in Harding clarified two of the four tests for when an individual is a tax resident of Australia.
After 30 June 2020, foreign residents will generally not be able to access the capital gains tax (CGT) main residence exemption.
It has become increasingly common for documents to be signed electronically.
Cooper Grace Ward acknowledges and pays respect to the past, present and future Traditional Custodians and Elders of this nation and the continuation of cultural, spiritual and educational practices of Aboriginal and Torres Strait Islander peoples.
Fast, accurate and flexible entities including companies, self-managed superannuation funds and trusts.