Tax Update – February 2021

Jobmaker Jobkeeper extension 2 Accelerated depreciation Tax treatment of Victorian business grants Varying your PAYG Instalments Trading stock taken for private use Property sales and ATO data matching Online sales data matching Vehicle registration data matching ATO prosecutions Insolvency reforms $10,000+ cash transactions COVID-19 measures JobMaker hiring credit The JobMaker Hiring Credit scheme (“JobMaker”)…