by MDB Co | Jul 7, 2021 | Uncategorised
As the economy adjusts to the removal of most COVID-19-related government support measures, coupled with the slow national vaccination rollout and mostly closed international borders, there is no doubt that many Australians are facing financial difficulties in the...
by MDB Co | Jul 7, 2021 | Uncategorised
The ATO has announced it will run a new data-matching program to collect property management data and will extend the existing rental bond data-matching program. The ATO has announced it will run a new data-matching program to collect property management data for...
by MDB Co | Jul 7, 2021 | Uncategorised
Tax time 2021 is almost here, but it’s likely to be anything but routine. Many people on reduced incomes or who have increased deductions may be eager to lodge their income tax returns early to get their hands on a refund. However, as always the ATO is warning against...
by MDB Co | May 3, 2021 | Uncategorised
The Treasury Laws Amendment (Your Future, Your Super) Bill 2021 has been introduced to Parliament to implement some of the “Your Future, Your Super” measures announced in the 2020–2021 Federal Budget. Treasurer Josh Frydenberg has said the measures are intended to...
by MDB Co | May 3, 2021 | Uncategorised
If you’re nearing retirement and have a large amount in your transfer balance account, it may be wise to delay until 1 July 2021 to take advantage of the upcoming pension transfer cap increase from $1.6 million to $1.7 million due to indexation. At the time you first...
by MDB Co | Apr 29, 2021 | Uncategorised
The ATO is kicking into gear in 2021 with another two data-matching programs specifically related to the JobMaker Hiring Credit and early access to superannuation related to COVID-19. While the data collected will mostly be used to identify compliance issues in...
