Director Identification Number

Director Identification Number

Director Identification Number (Director ID) Overview As part of the new government program, Modernising Business Registers (MBR) introduced in 2020, there is a new requirement for all directors of a company to obtain a digital director identification (director ID) to...
Tax planning End of 2021 financial year checklist

Tax planning End of 2021 financial year checklist

With the end of the 2021 financial year approaching, we would like to draw your attention to some things worth considering as part of your year-end tax planning. As always, we are here to assist you. If you have questions about any of the strategies mentioned in this...
What you should know about paying land tax

What you should know about paying land tax

Paying land tax in Victoria   If you own property, either individually or with others, you may have to pay land tax. This could include property such as holiday homes, investment properties, commercial properties, vacant land. If your home is the only property...
Indexation of Transfer Balance Cap

Indexation of Transfer Balance Cap

Indexation of Transfer Balance Cap | New Online Services for Business Portal | Commercial Tenancy Relief Scheme extension reminder Indexation of the general transfer balance cap The ATO has announced that from 1 July 2021, the general transfer balance cap that is...
Grants for Business Chambers and Trader Groups

Grants for Business Chambers and Trader Groups

As we gradually transition into COVID normal, Grants for Business Chambers and Trader Group are being provided to Victorian business chambers and trader groups to support their members to recovery. Grants of $10,000, $20,000 or $50,000 will be awarded to eligible...
Sole Trader Support Fund

Sole Trader Support Fund

The Sole Trader Support Fund provides support to non-employing Victorian sole traders operating out of commercial premises or locations within specific sectors. The Fund offers eligible sole traders who are impacted by the Victorian COVID restrictions to receive a...
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