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COVID-19

Business news and views from Accountancy Group

SMSF COVID-19 Audit Relief Extended

The ATO has extended COVID-19 relief for SMSF trustees. The relief measures, which protect trustees from COVID-19 related contraventions of the super laws, now extend from the 2019-20, 2020-21 and 2021-22 financial years. The relief measures provide:

Residency relief where the pandemic has prevented members from returning to Australia. This measure prevents […]

By |23 November, 2021|COVID-19|Comments Off on SMSF COVID-19 Audit Relief Extended

Unwinding COVID-19 Relief

COVID-19 support will roll back as states and territories reach vaccination targets.The National Plan, the road map out of COVID-19, does more than provide greater freedoms at 70% and 80% full vaccination rates, it withdraws the steady stream of Commonwealth financial support to individuals and business impacted by COVID-19 lockdowns […]

By |13 October, 2021|COVID-19|Comments Off on Unwinding COVID-19 Relief
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