Agribusiness Insights
Off the field and into the ins-and-outs of the business side of things, many agribusinesses across the region are considering how to utilise the harvest proceeds to reduce debt and help you build future wealth?
As we are on the tail-end of the region's largest ever grain harvest, there are vital cashflow and tax planning considerations that should be taken into account.
New legislation requires all company directors to apply for a unique Director Identification Number.
Super stapling is new legislation commencing 1 November 2021 and will affect how businesses onboard new employees.
You may have seen that recently the ATO announced changes to the way businesses must now report Single Touch Payroll (STP). There is a chance this might affect reporting for your business, so to clear up any confusion, we’ve put together the below information to help you work out what you need to do.
The ATO have recently expanded their data-matching activity into the Superannuation Guarantee (GS). This means employers obligated to pay SG are facing increased audit activity.
From 1 July 2021, the standard Superannuation Guarantee (SG) rate will increase from 9.5% up to 10%. It’s part of the government’s commitment to increase the SG by half a percent each year until 2025, when the SG rate will reach 12%.
If you intend to claim a tax deduction for super payments you make for employees in the 2020-21 income year, those payments must be accepted by the SBSCH on or before 23 June 2021.
From an SMSF perspective, there were some welcome surprises for SMSF trustees, the key measures that you should be aware of are outlined in this article.
Estate planning laws in all Australian states grapple with the tension between a Will-maker’s testamentary freedom (the right to give their property to whom they choose)
Everything you need to know about the estate planning process or updating your estate plan.
