Year-end tax planning toolkit for 30 June 2021
The end of the financial year is fast approaching. To assist with your year-end tax planning, Pitcher Partners has prepared a comprehensive year-end tax planning toolkit.
Year-end tax planning toolkit for 30 June 2021
Don’t get caught out by upcoming super changes
Superannuation guarantee has been an area of increasing focus and attention by the Federal Government and the Australian Taxation Office (ATO) particularly centred on notions of wage and superannuation theft by employers.
Loss carry back tax offset considerations for financial year end
There are a number of action items you can undertake prior to 30 June 2021 relating to the loss carry back tax offset. This Bulletin covers various considerations for entities as part of year-end tax planning.
Victorian State Budget 2021-22: Analysis
Victorian Treasurer Tim Pallas announced a number of further tax changes in the state Budget handed down on 20 May 2021 that will impact a wide range of Victorian businesses.
Victorian State Budget 2021-22: Payroll Tax
Whilst the Victorian Government has announced several positive and welcome reforms, it has also introduced an additional tax for medium and large employers.
Victorian State Budget 2021-22: Stamp Duty
The 2021-22 Victorian Budget included various significant transfer (stamp) duty changes, comprising duty concessions for purchases of properties within the City of Melbourne local government area, a widening of the off-the-plan duty concession for home buyers, as well as the pre-announced increase in the rate of duty for purchases of properties worth over $2 million.
Victorian State Budget 2021-22: Land Tax
For the first time in more than ten years, the Victorian Government has announced an increase in land tax rates. Properties with an unimproved value of $1.8 million or more will be stung with a significant amount of additional land tax, with the hike expected to raise more than $1.53 billion in revenue over the forward estimates period.
Federal Budget 2021-22: Overview
The Federal Budget 2021-22 was built against the backdrop of an ongoing global pandemic and the faster than expected economic recovery to date. The resilience and resurgence of much of Australia’s economy has been supported by a range
of temporary Government initiatives designed to help businesses and individuals navigate the unprecedented upheaval in the Australian and global economies.
Federal Budget 2021-22: Key expenditure measures
The Government announced a range of expenditure measures to stimulate growth in key sectors, while also addressing priority policy areas, including the country’s digital capabilities and funding to support women.