Tax and Compliance
08 June 2021
What changes on 1 July 2021?
We’ve summarised the key 1 July 2021 changes and their implications. Super guarantee rate increase to 10% On 1 July 2021, the Superannuation Guarantee (SG) rate will rise from 9.5%…08 June 2021
EOFY Payroll Checklist – Xero
Do you understand how to finalise your payroll for the end of the financial year (EOFY)? Whether you need to finalise Single Touch Payroll (STP) data or produce payment summaries,…12 May 2021
Budget 2021-22: The Balancing Act Budget
The 2021-22 Federal Budget is a balancing act between a better than anticipated deficit ($106 bn), an impending election, and the need to invest in the long term. Key initiatives…01 April 2021
Individual income tax rates
These rates apply to individuals who are Australian residents for tax purposes. Resident tax rates 2020-21 TAXABLE INCOMETAX ON THIS INCOME0 - $18,200Nil$18,201 - $45,00019 cents for each $1 over…19 March 2021
Tax Planning in 2021
As the end of financial year is fast approaching, there is still time left to minimise your tax obligations. To take advantage of this you should make an appointment to see your advisor before…25 February 2021
Why are some businesses returning JobKeeper?
Super Retail Group - owner of the Supercheap Auto, Rebel, BCF and Macpac brands - handed back $1.7 million in JobKeeper payments in January after releasing a trading update showing…07 December 2020