Backing business investment now law

25 March 2020

On 24 March 2020, the accelerated depreciation legislation received royal assent. This is part of the government’s COVID-19 package.

Boosting cash flow for employers

25 March 2020

Businesses with a turnover of less than $500 million can now use the instant asset write-off for most assets costing less than $150,000 each.

Basic myGovID now available

17 March 2020

Basic myGovID is now available for off-shore employees, non-residents working in Australia and Australians without the required identity documents.

Super guarantee amnesty

17 March 2020

A six-month super guarantee (SG) amnesty is available for employers to correct unpaid super amounts without charges or penalties. Applications for the amnesty close 11.59pm 7 September.

High wealth income tax performance

12 March 2020

We recently announced the gap between the tax we expected to collect from high wealth private groups, and what we actually collected from them in the 2016-17 income year.