Farmers get new Fodder Storage Instant Asset Write-Off

Farmers get new Fodder Storage Instant Asset Write-Off

Fodder Storage assets can now be written off as a deduction immediately and in full, instead of over 3 years as has previously applied since 2015. The new rules apply to fodder storage assets first used or installed ready for use on or after 19 August 2018...
New Reporting Requirement for Cleaning and Courier Businesses

New Reporting Requirement for Cleaning and Courier Businesses

Businesses providing courier or cleaning services that have an ABN are now required to report information to the ATO about certain sub-contracting arrangements.  The Bill to implement recommendations made in the interim report of the Black Economy Taskforce has just...