Butlers Blog

If you hold residential property in NSW in a Trust, then you need to have a Trust Deed Update completed before 31 December 2020or risk paying extra in land tax surcharge. In NSW, Surcharge land tax applies to foreign persons who are owne...

The Queensland Governments land tax relief applications for the 2019-20 year close on 31 October 2020.   You may be eligible for one or more of the following land tax relief measures: a 3-month deferral of land tax liabilities fo...

After federal, state and territory governments slammed the brakes on the Australian economy with the most drastic and far-reaching shut down measures experienced in our nation’s recent history, the Federal Treasurer has sought to re-ignite the flame ...

The government recognises that despite support to get through the COVID-19 outbreak, not all businesses are going to remain viable. Many small businesses will have significantly increased levels of debt in order to remain in business during the ...

If your business has made tax losses in years to the current one, but you haven’t yet offset all those losses, you can still carry these forward and claim a deduction for them in a later year — as long as you meet all the requirements of the tax ...

The end of September will be upon us soon and businesses needing ongoing support must get familiar with the rules of JobKeeper 2.0. The first thing to note is that businesses need to qualify separately for each extension period. To qualify for th...

The government has unveiled the HomeBuilder scheme, which will see eligible owner-occupiers who are either building or undertaking a substantial renovation given $25,000 for doing so. But who will actually benefit from the stimulus? Treasury have an...

t’s that time of year again…. although these are unprecedented times, it is time to start preparing to finalise the financial year 2020 to complete budgets and scenario modelling for the new financial year. Effective tax planning reduces tax payable ...

The Currumbin Wildlife Sanctuary needs your help to keep the door open at the Wildlife Animal Hospital through the Currumbin Wildlife Hospital Foundation's 2020 Tax Appeal. Butlers Accountants has recently helped out by becoming a Corporate Sponsor ...

The $150,000 instant asset write-off will soon revert to its original threshold of $1,000 in just over four weeks, with businesses urged to consider the measure ahead of the end of financial year. Announced in the first round of the  of th...