For the information of clients we enclose this checklist which you may find helpful in planning your year-end tax strategies. Careful planning (and in many cases timing) is even more important this year. Please contact your StewartBrown Manager or Partner should you need any assistance with understanding or applying the below. Here’s a quick summary of what you need to consider for yourself and your business before the end of the financial year: Superannuation. Changes to some age-based tests and concessional and non-concessional contribution cap limits. Ensure minimum pension amounts have been withdrawn before 30 June. Superannuation Guarantee charge to increase from 10% to 10.5% on 1 July 2022. Trustees of discretionary trusts. You are required to document your annual distribution decision before 30 June. Company tax rate has reduced from 26% to 25% on 1 July 2021 (Base rate entities only). Improved and expanded asset write-off incentives still apply. Personal tax rates. Single Touch Payroll (“STP”) will be compulsory for all employers from 1 July 2022. Contact your StewartBrown Manager or Partner for assistance with this if necessary. Cryptocurrencies and Digital Assets. The ATO has access to extensive data from exchanges and service providers that can easily match transactions to clients. Loss carry back measures. Companies can carry-back losses into prior years. Click here to download a PDF copy of the StewartBrown 2022 Year End Tax Planning Checklist.

Welcome to our February 2022 edition of the StewartBrown newsletter. We hope to keep you informed of the important tax developments and issues affecting businesses in Australia today and throughout the year ahead. NSW COVID BUSINESS SUPPORT PACKAGE Further details of the new NSW COVID business support package have now been made available. Four new emergency measures have been introduced aimed to support businesses crippled by restrictions including payroll lump sums, Rapid Antigen Test rebates, commercial tenant and landlord grants, and financial assistan

Welcome to the special Land Tax edition of our client newsletter for 2022 where we hope to keep you informed of the important Land Tax compliance issues affecting owners of land in Australia. You may recall that Land Tax is a State tax and different rules apply in each State. In this newsletter we have summarised the position in NSW. Click here to download a copy of StewartBrown's 2022 Land Tax edition newsletter. If in any doubt about your particular Land Tax circumstances, please contact your StewartBrown Manager or Partner.

Welcome to our December 2021 edition of the StewartBrown newsletter. We are sure you will agree that like 2020, 2021 has also been quite an eventful year. Below are several important points to note as we close out the calendar year from a tax and business perspective. STEWARTBROWN – CHRISTMAS CLOSURE We advise that the StewartBrown offices will be closed during the holiday period as follows: Office closes from 5.30pm Wednesday, 22 December 2021 Office reopens on Monday, 10 January 2022

Welcome to our November 2021 edition of the StewartBrown newsletter. We hope to keep you informed of the important tax developments and issues affecting businesses in Australia today and throughout the year ahead. DIRECTOR IDENTIFICATION NUMBERS Effective 1 November 2021 there are new legal requirements regarding what are known as Director Identification Numbers (“DIN”). Following is a brief summary of this new regime. What is a Director Identification Number (“DIN”)? The DIN (also referred to as a “Director ID”) is a 15-digit unique identifier that will help prevent the use of false or fraudulent director identities. This will make it easier to trace director relationships across companies and help identify and eliminate involvement in illegal activity such as phoenix activity.

Welcome to our October 2021 special edition of the StewartBrown newsletter. Some important announcements have recently been made concerning the COVID-19 support payments and these are summarised for you below. PHASING OUT OF JOBSAVER & MICRO-BUSINESS GRANT New applications for the JobSaver payment & the Micro Business Grant will close on 18 October 2021. The NSW Government has announced the phasing out of the JobSaver payment and Micro-business Grant as vaccination rates in NSW reach the 70% and 80% targets allowing government restrictions to be eased. These changes are set out below. At 70% Double Vaccination Rate (16 years and older):

Welcome to our September 2021 edition of the StewartBrown newsletter. We hope to keep you informed of the important tax developments and issues affecting businesses in Australia today and throughout the year ahead. CASUAL EMPLOYMENT LAW CHANGES EFFECTIVE 27 SEPTEMBER 2021 According to the Fair Work Ombudsman (“FWO”), Australian businesses with long-term casual staff could soon face fines in excess of $66,000 if they fail to offer those staff members permanent positions from 27 September 2021. From that date, employers will need to begin contacting casual staff, employed for at least 12 months, with a written offer to convert them to permanent employment. The requirement comes after reforms to the Fair Work Act were passed in March, 2021 giving casual employees the right to convert to permanent employment after 12 months of employment, if they have had a regular pattern of hours on an ongoing basis over the past six months.

This special edition of our newsletter is to remind you of your employer obligations for year ended 30 June 2021, as well as to provide an update on key changes from 1 July 2021 onwards. Please contact your StewartBrown Manager or Partner should you need any assistance with any of the matters mentioned in the newsletter. Click here to view or download a copy of our newsletter.

For the information of clients we enclose this checklist which you may find helpful in planning your year-end tax strategies. Careful planning (and in many cases timing) is even more important this year. Please contact your StewartBrown Manager or Partner should you need any assistance with understanding or applying the below. Here’s a quick summary of what you need to consider for yourself and your business before the end of the financial year. Company tax rate to reduce from 26% to 25% on 1 July 2021 (Base rate entities only). Improved and expanded asset write-off incentives. Superannuation Guarantee charge to increase from 9.5% to 10% on 1 July 2021. Singe Touch Payroll (“STP”) now compulsory for all employers. Employers need to ensure their systems are ready and compliant to report using STP. Contact your StewartBrown Manager or Partner for assistance with this if necessary. Trustees of discretionary trusts. You are required to document your annual distribution decision before 30 June. Personal tax rates. Superannuation. Changes to some age based tests and concessional and non-concessional contribution cap limits. Ensure minimum pension amounts have been withdrawn before 30 June. Loss carry back measures. Companies can now carry-back losses into prior years. Small business concessions for medium businesses. From 1 July 2020 eligibility conditions for some tax concessions have been relaxed. Click here to download a PDF copy of the StewartBrown 2021 Year End Tax Planning Checklist.

FRINGE BENEFITS TAX ("FBT") If you or your business have historically been using AUSkey to access Government portal and websites, you will need to make changes before March 2020 as Auskey is being decommissioned. The new replacement service is called myGovID. It will continue to be a secure login that identifies an individual operating on behalf of a business when using Government online services. The ATO is managing the new myGovID credential exclusively on behalf of Government after being chosen as the Commonwealth's identity provider earlier last year.

Welcome to the special Land Tax edition of our client newsletter for 2021 where we hope to keep you informed of the important Land Tax compliance issues affecting owners of land in Australia. You may recall that Land Tax is a State tax and different rules apply in each State. In this newsletter we have summarised the position in NSW. Click here to download a copy of StewartBrown's February 2021 Land Tax edition newsletter. If in any doubt about your particular Land Tax circumstances, please contact your StewartBrown Manager or Partner.

This special edition of our newsletter is to remind you of your 2020 financial year employer obligations and provide you with an update on employment matters:- Single Touch Payroll ("STP") Director's Personal Liability Payroll Obligations - Lodgement Deadlines Taxable Payments Reporting Reportable Employer Superannuation Contributions Superannuation Choice Superstream Superannuation Contributions