tax tips

Tax Tips and Key Changes – Business 2020

New rules follow the government’s economic response to novel coronavirus (COVID-19). Cash Flow Boost If you as an employer received a cash flow boost under the boosting cash flow for employers measure, the amount is tax free (non-assessable non-exempt income) and you are entitled to a deduction for the PAYG withholding paid. From 12 March … Read more

Tax Tips and Key Changes – Individuals 2020

tax tips

Do you know the tax deductions and offsets for which you might be eligible this financial year? The following tips may help you to legitimately reduce your tax liability in your 2019-20 return. With so much information being pre-filled into your tax return this year, it’s best to wait until all the data is finalised … Read more