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MNY Monthly Newsletter – July 2020
In July we have included Topic including:
Tax return tips
Despite the current COVID-19 world in which we live, the procedures for completing and lodging tax returns remains pretty much the same.
Instant asset write off extended to 31 December
Note that the boost the instant asset write off rules that the government put in place tp help stimulate the Australian economy in the face of the COVID-19 crisis has been extended to the end of this calendar year. Businesses with a turnover of up to $500 million a year will be allowed to continue writing off newly purchased assets worth up to $150,000.
The realities of insuring against cyber crime
Think your business is too small or that your data and information isn’t important enough to be targeted by hackers? Think again.
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