Our Recent Blogs
Technology Investment Boost due to end 30 June 2023.
Last year the previous Coalition Government announced a Technology Investment Boost as part of the 2022/23 Federal Budget. The Boost was announced to support eligible small businesses by providing an incentive to invest in their digital capacity.
12-month extension of the temporary loss carry-back measure.
As announced in the 2020/2021 Federal Budget, legislation has now passed to allow eligible corporate entities (i.e., with, amongst other things, an aggregated turnover of less than $5 billion) a 12-month extension to claim a loss carry-back tax offset in the 2023 income year.
Fuel tax credit rates have changed.
As announced in the 2022-23 Federal Budget, fuel excise and excise equivalent customs duty (excise) rates for petrol, diesel and all other fuel and petroleum-based products, except aviation fuels, will be halved temporarily for 6 months, from 30 March to 28 September 2022.
2022/23 Federal Budget: Other budget announcements including Superannuation.
The latest Federal Budget was announced last week. Here are some of the most important things you need to know for this new financial year.
2022/23 Federal Budget: Personal income tax changes.
The latest Federal Budget was announced last week. Here are some of the most important things you need to know for this new financial year.
2022/23 Federal Budget: Changes affecting business taxpayers.
It's time to look at the latest Federal Budget announcement, and at important changes affecting business taxpayers. Here are some of the most important things you need to know.
Treasurer unveils COVID-19 tests will now be classed a tax deduction.
Treasurer Josh Frydenberg provided a number of updates and announcements, including confirmation the federal government would look to ensure COVID-19 testing expenses are tax deductible when they are purchased for work-related purposes, giving businesses and individuals clarity and assurance.