In light of the recent Federal Budget announcement and the ongoing economic stimulus measures for individuals and businesses affected by COVID-19, here is our MGD Tax Update containing up-to-date, relevant, and practical tax-related information, updates, and news.

Our update contains helpful information specifically related to small- to medium-sized businesses, including:

• Budget measures now law;
• JobKeeper update;
• What the ATO has been up to;
• Business tax tips;
• Boosting apprenticeship commencements; and
• Key tax dates.

If you have any questions, please contact your adviser or our office on (07) 3391 5055 or via email.

Disclaimer: Any advice included in this communication is general and has been prepared without taking into account your objectives, financial situation or needs. As such, you should consider its appropriateness having regard to these factors and where appropriate obtain financial advice. Any tax information refers to current laws, is not based on your unique circumstances and should not be relied on as tax advice.