Stapling super: Reducing multiple accounts for employees The new legislation will ensure that when an employee moves jobs, the super fund they used with their former employer will be ‘stapled’ and will automatically follow them. Under current rules, if an employee...
JobSaver and Micro-business Grant retesting requirement If your business has received either the JobSaver or Micro-business Payments, you now have to reconfirm the following eligibility requirements each fortnight to continue to receive the payments: you have...
Buying a new home before selling the old one: The ins and outs Sometimes an individual or couple decides to buy a new home before selling their existing one. In such cases, a concession exists that allows for both houses to be treated as a main residence for up to six...
New Enterprise Incentive Scheme (NEIS) is funded by the Department of Education, Skills and Employment (DESE). If you have a great business idea and want to become your own boss, this is for you! This program is designed to help aspiring entrepreneurs develop their...
Capital works deductions for rental property Rental property investors can claim capital works deductions for construction costs for a rental property. However there are limits imposed in relation to the dates such works were completed. The deductions are only...
