News

Estate planning and investments

  It's a question most of us ask eventually: what happens to our investments when we die?  

Treasury underestimates early super by $15bn

  The government now expects around $42 billion to be removed from the super system as a result of the early release scheme, having revised up its initial estimates of $27 billion at the start of the scheme.  

JobKeeper Phase 2 – The Next Step

  The Government has decided to extend a lower JobKeeper for a further six months (13 fortnights) from 28 September this year, with eligibility based on actual rather than projected turnover declines.  

JobKeeper Phase 2

  The Government has decided to extend a lower JobKeeper for a further six months (13 fortnights) from 28 September this year, with eligibility based on actual rather than projected turnover declines.  

Payroll Tax 2020 concessions and JobKeeper

  Employers subject to payroll tax will generally benefit from an expected relaxation of payroll tax by all states & Territories.  

Important Single Touch Payroll Update

Single Touch Payroll (STP) and Annual PAYG Payment Summaries – a reminder to both employers and employees.

ATO busts tax time 2020 myths

  The ATO has issued a list of tax-time myths, warning taxpayers that get-rich-quick schemes will only slow down returns.  

SMSFs urged to review leases before granting rent relief

  SMSF clients planning to provide rent reductions to tenants should review the lease agreement to ensure the provision of rent relief won’t result in a breach of the lease, says an industry lawyer.  

New financial year to bring new rules for super

  As the 2019–20 financial year draws to a close, a technical expert has highlighted some of the new rules commencing for super funds for the 2020–21 financial year.  

Ways to outsmart your cognitive biases

  As markets continue to be wax and wane due to ongoing coronavirus fears and subdued employment and economic recovery numbers, it seems timely to remind ourselves of the types of behavioural and emotional biases that could lead to potentially risky investment behaviour, and how you can avoid them.  

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