Director identification number: A unique way to i-DIN-tify yourself
You may have heard or read about the new Director identification number (commonly referred to as DIN or Director ID…
Do you need to pay tax on COVID-19 financial support payments that you receive?
There are a number of different schemes providing government help for individuals and businesses affected by the COVID-19 pandemic. If…
Summary of State and Territory 2021 COVID-19 financial support measures available to businesses
Since the onset of the COVID‑19 pandemic, the Federal Government has been working with States and Territories to provide financial…
Helping Businesses Recover
In 2020, the Government introduced tax depreciation incentives to help businesses recover from the impact of the COVID-19 pandemic. To…
2021-22 Special Budget Edition
On Tuesday 11 May, the Treasurer, the Hon Josh Frydenberg MP, delivered the Federal Budget 2021–22, his third Budget. Two…
Working from home or running a business from home? Here’s what you can deduct
A lot more people have been working from home because of the COVID-19 crisis. To make it easier for people…
COVID-19 Measures: How your business might be affected
The JobKeeper scheme ended on 28 March 2021. Your business does not have to do anything, but it will need…
COVID-19 Measures
The JobMaker Hiring Credit scheme (“JobMaker”) is a new government incentive in response to the COVID-19 economic crisis. Eligible employers…
2020-21 Special Budget Edition
On Tuesday 6 October, the Treasurer, The Hon Josh Frydenberg MP, delivered the delayed 2020–21 Federal Budget, his second Budget.…
Cash flow boost change
The cash flow boost (discussed in the April 2020 edition of TaxWise News) has been amended so that payment of…
