Removal of Special Purpose from Financial Statements
In March 2020, the Australian Accounting Standards Board (AASB) issued an amending standard that removes the ability of certain for-profit private entities to prepare…
Cash is King!
Payment Times Reporting Scheme The phrase Cash is King was mentioned repeatedly in boardrooms across the country in 2020 as our Nation’s Government, Economy…
Top Tax Changes for Individuals in 2021
We are already over halfway through the 2021 financial year with June 2021 only 5 months away! Time flies when you are stuck in…
Increase in Super Guarantee from 1 July 2021
With the announcement of the 2021 Budget, changes have been made to the compulsory superannuation system implemented by the Australian government. Currently employers are…
Loss carry back regime
Various tax and income support measures are in place to support individuals and business taxpayers to weather the impact of the COVID-19 outbreak. One…
Pay and Leave changes due to COVID-19
Pay and leave rules have been updated by Fair Work Australia, due to the impact of the Coronavirus on employees. Paid The Fair Work…
Clean Energy
In an unprecedented year that has featured bush fires, floods, a global pandemic, the election of the 46th US president, the team at Walker…
TFN Security
Are you aware of the increasing security and privacy risks when sending and receiving sensitive information electronically, such as your Tax File Number (TFN)?…
What does the ‘JobMaker’ Plan mean for you and your business?
As part of the 2020-2021 Budget, the government has announced new incentives to assist economic recovery and to bring Australians back to work. The…
NSW Budget 2020/2021
The latest budget from the NSW Government has responded to one of the most challenging periods in our lifetimes, after facing severe drought, the…