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Tax Changes 2021 Webinar - What's New

This session will cover a summary of tax changes for 2021 and will demonstrate the changes in Software Assistant.

Description

In this session, we will cover the changes rolled out this year by the ATO and how this is reflected in the software.

Some of the items covered include:  

  • Small Business Offset
  • Backing Business Investments / Temporary Full Expense
  • Reducing Pressure on Housing Affordability
  • Tax Rate for base rate entities under the threshold: 26%
  • Tax rate for all other companies: 30%
  • Loss Carry Back
  • Aggregated turnover
  • Instant asset write-off – extended

 

 

 

 

 

 

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