Cyber criminals are becoming increasingly sophisticated, and tax professionals and businesses are being targeted more frequently through emails, links, attachments and other online communications.
Each year, many companies may receive letters or emails regarding their annual company review and ASIC renewal fees.
In our last update, we outlined the six key things every business needs to know about the upcoming Payday Super changes from 1 July 2026.
Tuesdays Federal Budget, delivered by Jim Chalmers, included some of the most significant proposed tax changes seen in Australia in decades.
The Federal Government’s proposed Division 296 superannuation tax has now passed the Senate, with the legislation approved by a vote of 33 to 22.
The Federal Government’s proposed Division 296 superannuation tax has now passed the Senate, with the legislation approved by a vote of 33 to 22.
Are you a Tax Accountant looking for an employer that genuinely supports both your professional growth and personal wellbeing? Why Join Halpin Partners? Halpin Partners
When you spend money on your rental property, not all expenses are treated the same for tax purposes. Some can be claimed straight away, while others need to be spread out over time. Getting this right is important to ensure you maximise your deductions and stay compliant.
The general interest charge (GIC) and shortfall interest charge (SIC) imposed by the ATO will no longer be tax-deductible. This change will increase the overall cost of carrying a tax debt, making it more important than ever for you to stay on top of your obligations.
The Budget leans more toward political announcements than it does toward meaningful structural reform in tax, superannuation, or other major policy areas.
In 2024, Australians reported losses exceeding $319 million due to various fraudulent activities and we have outlined the most prevalent scams from the past year and emerging threats to be vigilant about in 2025.
In today’s dynamic business environment, effective cash flow management is essential for the sustained growth and resilience of small and medium enterprises (SMEs).
Halpin Partners is pleased to welcome four Graduate Accountants to the team following our first summer internship. Mantej Dhother, Danielle Bradley, Sugandh Goindani and Ashveen Brar are the newest members of the Halpin Partners team, hailing from JCU, CQU, UQ and USQ, respectively. Graduate Coordinator Hugh Sanson says the family-style
With all of the unpredictability that is 2020, the Federal Government has followed suit by delivering a Budget in October rather than the usual May timeframe. As expected, the overshadowing theme of this year’s Budget is COVID-19 relief and an economic recovery plan that provides incentives for both individuals and
There have been some key date changes in relation to the upcoming lodgements for JobKeeper declarations. Wage condition for JobKeeper Fortnight 20 For JobKeeper Fortnight 20 (21 December 2020 to 3 January 2021), the ATO is allowing employers until Monday 4 January 2021 to meet the wage condition for their
State and Federal Government assistance is still available for those businesses who have been significantly affected by the COVID-19 pandemic. Below we outline the main assistance packages that may be of interest and benefit to you. Qld Government Adaption Grant The Qld Government announced Round 2 of the Adaption Grant,
As you may be aware, the Government have recently announced changes to the eligibility for employees to enter the existing JobKeeper Program for fortnights commencing 3 August 2020. The date to assess if an employee is eligible has been extended to include individuals employed on 1 July 2020 (previously 1
Earlier this year, the Federal Government announced the Super Guarantee Amnesty. The amnesty allows employers to disclose and pay any previously unpaid super guarantee charge (SGC), including nominal interest, they owe their employees, for quarters commencing from 1 July 1992 up to and including 31 March 2018. Those employers who
Further to our recent update in relation to JobKeeper 2.0, due to commence in October, the Government have announced further changes. Under the original JobKeeper 2.0 guidelines, a business would need to show a decline in turnover of 30% for both the June and September quarters. Under the revised guidelines,
Workplace accident insurance is compulsory if you have employees. It covers you for the costs associated with a claim by a worker who is injured in the course of employment. In Queensland, accident insurance is regulated by WorkCover Queensland. New Policies You can take out a new policy by applying online, making
The Federal Government has announced an extension to the JobKeeper program. Known as JobKeeper 2.0, this announcement extends the current end date of 27 September 2020 to 28 March 2021. Despite initial speculation, the original JobKeeper program will run as planned until the end of September 2020. This means, businesses
The 2020 Financial Year was certainly one that will not be forgotten – with thanks to COVID-19. The ATO have recognised the effect COVID-19 has had on the country and have introduced a range of measures to support taxpayers though tax time. How has COVID-19 impacted Work-Related Expenses? Working from
The State Government has announced that they will open up a second round of their COVID-19 Adaption Grants Program. This program provides grants of up to $10,000 for businesses to fund a range of eligible activities (details below). Applications open on 1 July. The first round of this program was
Businesses that have enrolled for the JobKeeper Payment need to lodge their May JobKeeper Declaration with the Australian Taxation Office by the 14th June, so they can receive their payment for May. These can be lodged through the ATO business portal in the same way the April declaration was lodged.