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In response to Australia’s contracting economy, Treasurer Josh Frydenberg and the Morrison Government confirmed an allocation of more than $20 billion in the 2020-2021 Federal Budget to expedite infrastructure projects and road safety upgrades.
The Superannuation Guarantee (SG) amnesty is a one-off opportunity to correct past unpaid SG amounts without incurring an administrative penalty, or paying the administration component of the charge.
The COVID-19 pandemic has caused the Australian economy to significantly slowdown. In response, federal and state Governments are jointly investing more than $1.5 billion dollars to expedite shovel-ready projects and road safety upgrades.
The recent Camalic Pty Ltd vs Innovation and Science Australia (ISA) case at the Administration Appeals Tribunal (AAT) is the third court decision involving software development activities claimed under the R&D Tax Incentive during the past 18 months.
To increase exploration investment in Queensland, the Collaborative Exploration Initiative (CEI) (also termed ‘the Initiative’) provides funding assistance to test high risk or innovative exploration concepts aiming to develop a new understanding of the geology and prospectivity, and expand...
As the COVID-19 pandemic continues to cause widespread disruption across the globe, trusting your data to make rapid decisions has never been more important.
The Productivity Commission issued a final report on 26 February 2020, maintaining the proposed changes to remote area housing benefits concessions contained in the draft report. The Productivity Commission released the draft report on Remote Area Tax Concessions and Payments in August/September...
Following a series of concerns regarding practices within the industry, the incumbent Queensland Government developed the Queensland Building Plan and, as a part of their plan, commissioned a review into the security of payments to subcontractors in the industry. Here's what you need to know.
The report from the Australian Small Business and Family Enterprise Ombudsman (ASBFEO) has confirmed what many in the industry have known for some time - the current administrative approach by AusIndustry and the ATO to the R&D Tax Incentive program is inconsistent with the objective of the...