Topics covered in this edition of our Client Information Bulletin are:
- COVID-19 measures
– JobKeeper scheme
– JobMaker hiring credit scheme
– Stimulus vouchers: how to report this in your tax
– SME loan guarantee scheme
– Eligible loan uses - FBT issues
– New FBT thresholds and rates for 2021-22
– Living away from home allowances
– FBT exemptions
– FBT return - Do you use trading stock for private purposes?
- Do you operate your business through a company or trust?
- From the ATO
– Check your business’ PAYG
– STP reporting: changes from 1 July 2021
– Bad debts - Other matters to consider
– Company tax rates - Key Tax Dates
