Newsletters

August 2022

Inside this month’s newsletter, the shift towards green and FBT-free electric cars.

Plus, claiming crypto losses and how high does the RBA say interest rates will go.

July 2022

This month we explore tax on the family home and when the main residence exemption applies.

Plus, tips to overcome your customers fear of spending.

June 2022

Inside this month, we look at what you can expect this tax season including the areas the ATO will be focusing.

Also, what to expect from the new Government in an environment where there are no easy fixes.

May 2022

Inside this month’s newsletter, we clear the confusion (as much as possible) on the 120% deduction for skills training and technology announced in the federal Budget. We also look at the ample number of changes coming into force from 1 July 2022. Finally, can you claim a deduction for your gym membership and what the AAT has to say about this.

March 2022

Inside this month, we explore the issues and impact of the ATOs attack on trusts. Plus, the landmark High Court cases that change the way the employer versus contractor relationship is defined.

February 2022

Inside this month’s newsletter we explore what lies ahead for the Year of the Tiger economy, the finalised guidance from the ATO on professional firm profits and the tax deductibility of RAT tests.

December 2021

This month we take a lighter look at the Australian tax laws and what might happen if Santa was a tax resident.

Plus, the High Court has ruled that the ‘backpacker tax’ is discriminatory. We look at the implications.

Also, because it’s Christmas, we answer the top tax questions at this time of year.

November 2021

Inside this month’s newsletter, find out about the process, timing, and issues for setting up a Director ID under the new Director Identification Number regime that came into effect on 1 November.

Also, read about the latest guidance from the ATO about investing in blockchain.

October 2021

Find out details of the national plan for unwinding COVID-19 relief, state by state and we address the question of what happens to your superannuation when you die.

Also, superannuation rule changes when recruiting new employees.

All this inside this month’s newsletter.

September 2021

Inside September’s CVW Accounting newsletter explore unwinding the pandemic plus, divorce, superannuation, and the gender divide.

Lastly, is a compensation payment to your super fund a contribution?

August 2021

This month inside the CVW Accounting newsletter read about Afterpay’s $39bn sale announcement and the tax treatment of their shares.

You’ll also find a lockdown support update, and succession planning tips to increase your business value.

Lastly, we answer the much-asked question, are COVID-19 grants and funding tax free?

July 2021

The CVW Accounting newsletter this month features what help is available due to the current lockdowns, business in a post pandemic environment and 6 Member SMSFs – the issues and opportunities.

June 2021

This month, inside the CVW Accounting newsletter, read about ATO changes come into effect on 1 July 2021. Plus, work from home expenses under scrutiny, the perils of browsing facebook, and how insurance proceeds are taxed.

May 2021

Inside this month’s newsletter, we look at the new lifetime Director ID regime and what it will mean to existing and new directors. Also, the impending CGT exemption for granny flat arrangements. Then we tackle questions about SMSF expenses and investments that are not at arm’s length.

April 2021

This month’s newsletter features;

• details about the impact of the 1 July 2021 indexation changes on your superannuation
• tax treatment of JobKeeper payments handed back to ATO
• why the profits of professional services firms – doctors, lawyers, architects, etc – are being targeted by the ATO
• national licence recognition for tradies
• JobMaker fails to make a dent on unemployment

March 2021

Inside this month;

• why some businesses are voluntarily returning JobKeeper to the ATO
• COVID-19 vaccinations and the workplace; the questions everyone is asking
• a review of FBT with a focus on how COVID-19 has changed the ATO’s compliance approach
• the Bain & Co research that shows the pandemic has broadened the productivity gap

February 2021

Inside this month’s newsletter;

• the final phase of JobKeeper
• the sole trader who won the right to access JobKeeper
• how to sell your business
• the new small business insolvency laws

December 2020

December 2020

Inside the final edition for the year;

• 2021 risks and opportunities
• Extended December JobKeeper deadlines
• Last chance to access covid-19 early access to super

November 2020

In this month’s newsletter learn about;

• JobMaker hiring credits: what we know so far
• Tax deductions for investing in your business
• Refunds for tax losses
• Tax table reminder
• JobKeeper clawback begins

October 2020

October 2020

Inside the October newsletter find out about;

• JobKeeper: the next steps
• Preventing a tsunami of insolvencies

September Newsletter

In the September edition;

• has covid-19 devalued your business?
• Jobkeeper alert
• tax on covid-19 grants
• forecasting during a pandemic

August 2020 Newsletter

This month’s newsletter features;

• JobKeeper help for businesses and individuals
• covid-19 and your SMSF

July 2020 Newsletter

Inside this month:

• The ATO on COVID-19 fraud warpath including 3 million individuals in data matching program
• Funding for the arts: what’s available and how you can get it
• Increased flexibility for Parental Leave Pay
• Minimum wage increases by 1.75%

June 2020 Newsletter

Inside the June newsletter find out;

• Have casual workers been granted annual leave?
• The ATO’s JobKeeper audit targets PLUS
  • The JobKeeper estimates error
  • The ATO’s JobKeeper targets
  • Low risk scenarios
  • What happens if you got it wrong?
  • Manage your JobKeeper compliance
• What’s changing on 1 July?
• 1 July Company Tax Rate Reduction

May 2020 COVID-19 Stimulus & Support Measures Guide

Instead of the usual CVW Accounting newsletter, here is a comprehensive guide to the COVID-19 Stimulus & Support Measures. The guide covers measures for:

• business
• individuals
• superannuation
• compliance
• financing support, and
• state and territory initiatives like payroll tax.

March 2020 Newsletter

In this month’s edition of the CVW Accounting Newsletter read about;

• Coronavirus and beyond:
  • business continuity planning
  • protecting your workplace and your customers
  • managing health costs
  • travel restrictions
• Fringe Benefit Tax hot spots
• Super guarantee amnesty: now is the time to get payroll right

February 2020

The February edition of the CVW Accounting Newsletter includes;

• Capital Gains Tax (CGT) and the family home: expats and foreigners excluded from tax exemption
• Bushfire support and assistance
• Alerts to protect Self-Managed Superannuation Funds (SMSFs) from fraud
• ATO targets ‘lifestyle’ assets