Accounting & Advisory Blog | News & Views

Manufacturing Modernisation Fund

The Federal Government recently announced $52.8 million in funding for Round Two of the Manufacturing Modernisation Fund.

27 October 2020 Anthony Molloy

Updated PAYG Withholding Tax Tables

The Australian Taxation Office (ATO) have updated the PAYG withholding tax tables to reflect the income tax cuts announced in the Budget last week.

16 October 2020 Varun Kumar

Transfer duty exemption for Queensland small business restructures

Small business owners in Queensland who restructure their business on or after 7 September 2020 may be eligible for full or partial duty exemption on the transfer.

14 October 2020 Moore Australia

2020-21 Western Australia State Budget: At a glance

The Western Australian State Budget for 2020-21 has been released. Find out what this year's budget means for you.

8 October 2020 Davide Costanzo

2020-21 Federal Budget Report

Treasurer Josh Frydenberg handed down the 2020-21 Federal Budget on 6 October 2020, a deficit of $213.7b for the year, taking net debt to $703b or 36% of GDP. The Government laid out their recovery plan focused on creating jobs, rebuilding the economy, and securing Australia’s future. The key taxation, superannuation and social security measures are summarised within the following report.

7 October 2020

2020-21 Federal Budget snapshot

Need to know the key takeaways from tonight's Budget? We've put together a snapshot of all the major budget announcements.

6 October 2020 Moore Australia

Should the Stamp Duty rules be reformed?

Stamp duty (or transfer duty) is a financial burden that may deter individuals and families from entering the property market and acts as a barrier to investment opportunities. It raises the issue of whether stamp duty is still appropriate in the modern economic landscape and calls for replacing stamp duty with a broad-based land tax are getting louder. This issue was considered by NSW Treasury in a recent report NSW Review of Federal Financial Relations -Supporting the road to recovery (the NSW Report).

1 October 2020 Varun Kumar