Nortons Newsletter – March 2021

Posted On March 3, 2021

The latest edition of our monthly newsletter covering a range of topics including details on regulatory changes that may impact you.

In this edition we look at the fact that Government agencies sometimes use ABN registration to contact businesses for emergency help or even grants of support, so it’s important to keep your business’s ABN details current. And the perennial problem of dealing with cash flow gets some advisory help from the ATO.

A new Director Identification Number regime is something companies may need to get familiar with very soon, and we re-visit the changes that COVID-19 has made to FBT. There’s also details about the unstoppable SMSF sector, and the tax treatment of unexpected lump sums. Finally, we also have the latest values from the ATO for goods taken for private use.

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