COVID-19 tests to be tax deductible

The Government announced on 7 February 2022 that they will ensure COVID-19 tests ARE tax deductible for individuals and businesses when they are purchased for work-related purposes. This will see the costs of purchasing a rapid antigen (RAT) test tax deductible for...

COVID & Leave Entitlements

The following information is in relation to Covid Leave that looks at the Fair Work rulings. Please check with your particular Award in case there are unique provisions. Essentially: If an employee is Covid positive – then sick leave would apply.If an employee is...

ATO: Report your foreign income

If you received foreign income and didn’t report it in your tax return, now is the time to review your return and make a correction. By matching foreign bank account data against Australian income tax returns, the ATO has identified some groups and taxpayers that may...