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Tax Time Monthly: April 2021

Tax Time Monthly: April 2021

In this edition of Tax Time Monthly we cover updates and findings from ATO on: Fringe Benefits Tax; Tax treatment of government grants and payments during COVID-19; No more JobKeeper but are you eligible for JobMaker; Do you need to review your service trust arrangements in the light of PCG 2021/D2… and much more

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Insolvency Sound Bites – March 2021

Insolvency Sound Bites – March 2021

JobKeeper – Key Date: 28 March 2021.
The JobKeeper subsidy will end on 28 March 2021 and you can claim payments for your eligible employees until this date.
It will be necessary to consider the necessary adjustments in your business to reflect the withdrawal of this subsidy.

Commercial Leasing Code of Conduct……

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AMS Holdings (WA) Pty Ltd (Receivers Appointed) (In Liquidation)

AMS Holdings (WA) Pty Ltd (Receivers Appointed) (In Liquidation)

The former Administrators of AMS Holdings (WA) Pty Ltd (Receivers Appointed) (In Liquidation) intend to file an application with the Federal Court of Australia for a determination of their remuneration and disbursements by the Court pursuant to Insolvency Practice Schedule (Corporations) s 60-10(1)(c).

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Forensic Accountants Here Say

Forensic Accountants Here Say

In this issue:
Family law – business valuation checklist;
Insurance – business interruption & COVID-19;
Commercial litigation – ceasing a director, statutory demands and personal bankruptcy;
Other news – recent trends, presentations and other thought leadership.

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Preparing a defendable loss claim

Preparing a defendable loss claim

Yes, your legal entitlements for recovery of loss may be blurred but what is always clear in any claim of business loss, preparation remains absolutely critical. The sooner preparation commences, the better. Whether or not your business interruption claim will be covered under your policy will depend on the precise terms of your insurance cover and the circumstances and nature of the loss, which you claim.

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Doing Business In Australia

Doing Business In Australia

Doing Business In Australia Global thinking.  Local understanding.  Personal connections.  Our experience is that businesses are investing in Australia for our consistent and strong economic growth, the stability of the banking system and independence of the...

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COVID-19 and business interruption claims

COVID-19 and business interruption claims

In November 2020, Insurance Australia Group Limited (IAG:AU) announced it would raise up to $750 million in new equity capital. The move taken by IAG was in response to the Supreme Court of New South Wales Court of Appeal (NSWCA) 18 November judgment on a business interruption insurance test case.

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Insolvency Sound Bites

Insolvency Sound Bites

On 9 February 2021, ASIC announced that from 18 February 2021 there are new requirements when ceasing a company director in accordance with the Treasury Laws Amendment (Combating Illegal Phoenixing) Act 2020 which was passed by Parliament in February 2020

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