The 2021 Federal Budget was handed down on Tuesday 11 May. Following is a summary of the headline measures. BUSINESS Temporary full expensing – this depreciation measure will be extended by one year to 30 June 2023 providing eligible businesses (those with an aggregated turnover of less than $5 billion) with more time to access this incentive. Full expensing assists cashflow by allowing...

With many of our clients now having a myGov account, we thought it worthwhile to recap on the interaction between myGov and the way in which ATO communications are streamed between you and us. If you have a myGov account and have linked it with the ATO, then most of your ATO mail will be sent directly to your myGov Inbox, rather than through the post.  The types of ATO co...