Latest News & Updates

We digest the latest news, trends, rulings, changes in legislation and best-practice guidelines to help clients and followers stay current, compliant, and well-positioned for the future.

Billings and Ellis, accountants and business advisors, divider

Read latest news articles on any of these topics:

Cloud Accounting
Summary of Corona Virus updates

Second stage of government stimulus package for 2020

On 22 March 2020, the Australian government announced the second…
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Australian Government stimulus package 2020

Government stimulus package offers economic remedy for 2020

In response to the impact of Coronavirus (COVID-19) on the Australian…
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The importance of small business compliance for small business owners

The importance of wages compliance for small business owners

Media reports of wages underpayments by high-profile employers…
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Bushfire support package for small businesses

Government support package for small businesses impacted by bushfire crisis

On 20 January 2020, the Australian Government announced a comprehensive…
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Small Business
Loss carry-back tax offset for corporate entities explained

Loss carry-back tax offset for corporate entities explained

The ATO published an explanation of the refundable tax offset…
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How to claim your home office costs

How to claim your home office costs

Many more people are working from home in response to COVID-19,…
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JobKeeper payments to help businesses and support employees

JobKeeper payments to help businesses retain and support employees through this challenging time

On 30 March 2020, the Australian Government published a fact…
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Super Guarantee amnesty for employers

Super guarantee amnesty helps employers with unpaid SG liabilities for a strictly limited time

The super guarantee (SG) amnesty, introduced by the government…
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SMSF & Investment
Australian expats lose capital gains tax exemptions

Australian expats lose capital gains tax exemptions

From 30 June 2020, Australian property owners living overseas…
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End of Financial Year 2019

Getting prepared for EOFY 30 June 2019

As the financial year draws to a close, business owners can still…
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Federal budget 2019 highlights

2019 Federal Budget highlights in review

On 2 April 2019, the Treasurer of Australia, Josh Frydenberg,…
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Holiday over for investor trips to residential rental properties

‘Holiday over’ for investor trips to residential rental properties

An important reminder for property investors is that trips to…
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Taxation
Directors can be liable for GST as well as PAYG and SGC under extended DPN regime

Directors can be liable for GST as well as PAYG and SGC under extended DPN regime

The DPN (Director Penalty Notice) regime was extended by legislation…
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Company reduced tax rates 2017-2018

Does your company qualify for the reduced tax rate in 2017-2018?

Effective from the 2017–18 income year, some companies are…
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Small business instant asset write-off

Update on small business instant asset write-off for 2019-2020

The instant asset write-off scheme for small business has been…
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Single Touch Payroll 2019

Small business owners – are you ready for Single Touch Payroll 2019?

Single Touch Payroll (STP) reporting for employers with 19 or…
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