Category Uncategorised

Professional firm profits

New guidance for the allocation of professional firm profits

Effective from 1st July 2021, the ATO outlined their new proposed compliance approach to the allocation of profits for professional firms and medical practitioners. The ATO has always had concerns about arrangements involving redirecting of income that includes income from professional services received by individual professional practitioners to associated entities to reduce the amount of

Continue Reading →

Accessing myGov

Have you setup your MyGov Account?

Did you know you can access a large amount of your government information via MyGov? When setting your MyGov account you will need identity documents so make sure you check what you need before you begin the process. Please also note that when you set up your MyGov account the ATO will automatically change your correspondence

Continue Reading →


JobTrainer for employers

What is JobTrainer? JobTrainer is the latest employment support initiative in the ‘Job’ series after JobSeeker, JobKeeper and JobMaker were announced earlier this year to deal with economic impact of coronavirus. The Australian Government has announced it will invest $2 billion to give hundreds of thousands of Australians access to new skills by retraining and upskilling them

Continue Reading →