The Australian Government has announced the introduction of a new mandatory Director Identification Number (DIN/director ID) as part of the Modernising Business Registry (MBR) Program. The roll-out came into effect from November 2021. The DIN will provide accountability and traceability of a director’s relationships over time, across...

With 30 June 2021 fast approaching, it's time to consider whether any tax planning action is required prior to year end. We will be contacting you soon if we identify beneficial tax planning strategies relevant to your circumstances. If you have specific concerns about your tax...

The Government has introduced a JobMaker Hiring Credit scheme for new employee positions created by eligible employers. The scheme will run from 7 October 2020 to 6 October 2022 and will have a maximum claim period of 12 months per eligible position created. Employer eligibility For an...

The federal government initially announced a seven year individual income tax plan in the 2018 federal budget. The plan would run over three phases, introducing a temporary low and middle tax offset and eventually removing the 37% income tax bracket. Subsequent federal budgets have altered this initial...

As previously announced the Government has approved the extension of the JobKeeper scheme by a further six months from 28 September 2020 until 28 March 2021.The rules governing eligibility to qualify for the extension periods have now been released. How it works Businesses that received JobKeeper during...