New insolvency rules commence

 

The measures from 1st January 2021 apply to incorporated companies with liabilities less than $1 million.

 

ATO promises not to ‘destroy’ businesses as it resumes debt collection

 

Businesses struggling with tax debts have been urged to re-engage with the ATO as it pledges not to “destroy the very thing that [it has] been trying to support” throughout the pandemic.

 

Taxpayers urged to keep work-from-home records

 

Moore Australia has called for taxpayers to keep a diligent log of the hours worked from home this financial year as tax time looms.

 

Businesses feeling ‘adverse’ impacts of COVID-safe measures: ABS

 

While less than two out of 10 businesses are recording a dip in revenue, nearly two-thirds of them are still feeling the impact of COVID-safe controls, according to new data from the Australian Bureau of Statistics.

 

ATO signals crackdown on 4 ineligible work-from-home claims

 

As tax time looms, the ATO has pointed to four key ineligible work-from-home claims it will be watching closely as taxpayers look to make the most of flexible working arrangements.

 

Federal Budget 2021 – Health

 

While there are many aspects of our life covered in this year's Budget the following focuses on the issues related to Health.

 

Building a more secure and resilient Australia

 

In this Budget, the Government is taking decisive action to build our economic resilience to deal with future shocks.

 

Federal Budget 2021 – Overview

 

The following links to the ABC where a brief overview of the Winners and Losers from this year's Federal Budget.