2020/21 Federal Budget

2020/21 Federal Budget

The 2020/21 Federal Budget was delivered on Tuesday 6th October by the Federal Treasurer, the Hon. Josh Frydenberg MP. There will be many questions over the coming days, however TSP Accountants have summarised some of key points in this article. If you feel you are...
COVID-19 | Government Support Available

COVID-19 | Government Support Available

As the Coronavirus situation continues to evolve, we have no doubt that it is going to have significant and long lasting impacts on your business. Social distancing and self-imposed isolation will mean that your clients and customers will be reluctant to venture out...
Expats Denied Main Residence Exemption

Expats Denied Main Residence Exemption

In December 2019 the Treasury Laws Amendment (Reducing Pressure on Housing Affordability Measures) Bill 2019 was passed.  The controversial bill denies non-residents for tax purposes the ability to claim the main residence exemption on the sale of a property,...