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News & Insights

Stay up to date on the latest accounting, tax, insolvency and advisory news.

2020-21 Federal Budget Update

2020-21 Federal Budget Update

On 6 October 2020, the Treasurer, Mr Josh Frydenberg, presented the COVID-19 delayed 2020-21 Federal Budget. The Budget was directed at promoting spending, at a personal, business and government level to create jobs.

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IN FOCUS: Casual v. Permanent

IN FOCUS: Casual v. Permanent

In this edition of In Focus, we look at the distinction between casual and permanent employment and the position of the employer on entitlements if a casual employee is subsequently characterised as a permanent employee.

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CLIENT ALERT: JobKeeper 2.0 Enacted Are You In?

CLIENT ALERT: JobKeeper 2.0 Enacted Are You In?

We have previously published the proposed rules announced by the Government that JobKeeper Payment would be extended until 28 March 2021 to provide further support for COVI-19 affected businesses and households, with tightened eligibility rules and lowered payment rates, from 28 September 2020.

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IN FOCUS:  Advisory Boards – A fresh set of eyes

IN FOCUS: Advisory Boards – A fresh set of eyes

Advisory boards have become increasingly prevalent over the last decade or so as business operators seek expertise that is not currently within their current boardroom or as organisations deal with growth and seek to remain competitive in an increasingly demanding business environment.

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CLIENT ALERT: Do you have more Employees on JobKeeper?

CLIENT ALERT: Do you have more Employees on JobKeeper?

For any employee that becomes an eligible employee as a result, the employer must provide notice to the newly eligible employee within 7 days of the commencement of the legislation (that is, by 22 August 2020) that they might be eligible for JobKeeper and ask the employee to provide them with a completed JobKeeper Employee Nomination Notice (1 July employees only).

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2020-21 Desktop Tax Rates & Tables

2020-21 Desktop Tax Rates & Tables

We’ve created a quick reference guide for you containing the 2020 – 2021 tax rates. Covering both individual and company tax rates, tax offsets, superannuation, depreciation and fringe benefits tax. This easy to print desktop guide is available to download and print.

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IN FOCUS: Special Purpose Liquidations

IN FOCUS: Special Purpose Liquidations

In this edition of In Focus, Hall Chadwick Partner Blair Pleash explains the role and application of Special Purpose Liquidations given certain scenarios and consideration of Section 447A of the Corporations Act.

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IN FOCUS: Crossing The Line

IN FOCUS: Crossing The Line

Following on from our recent In Focus with respect to shadow directors this edition focuses on the distinction between directors and professional advisers.

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