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Getting a tax valuation from the ATO
Posted by Team AVS on 19 Feb, 2021 0 CommentsNot every individual situation fits neatly with the tax laws as they stand — sometimes a taxable item’s known value (and therefore the tax that applies to it) may need to be determined.
Many tax laws require the taxpayer to determine the market value of something. Common instances include:
for individuals – transfers of real estate or shares between related parties, such as family members
for employees – non-cash benefit transact
The JobMaker Hiring Credit scheme was passed into law in mid-November 2020. JobMaker was part of the 2020-21 Federal Budget, and will operate until 6 October 2021. It is designed to improve the prospects of young individuals getting employment, by incentivising employers to hire them, following the devastating impact of COVID-19 on the labour market.
The scheme will be backdated to commence on 7 October 2020 and provide eligible employers with
The scheme will be backdated to commence on 7 October 2020 and provide eligible employers with
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