April, 2022 - Silver & Young

Increase in releasable First Home Super Saver Scheme amounts

Posted on April 27, 2022 - 1:06 am by Silver & Young

Introduction On 11 May 2021, as part of the 2021–22 Federal Budget, The Australian Government announced changes to the First Home Super Saver (FHSS) scheme to increase the contributions that can be counted towards the maximum releasable amount to $50,000 and improve the scheme’s operation. This increase will come into effect from 1 July 2022.

NSW Flood Support Payments 2022

Posted on April 20, 2022 - 12:52 am by Silver & Young

The flood recovery rental support payment assists NSW residents who are unable to live in their homes due to storms and floods in February and March 2022 and/or June and July 2022. The one-time payment of up to $18,000 will be used to assist pay for short-term lodging of 14 nights or more booked on

STP reporting exemption extended for WPN holders

Posted on April 13, 2022 - 12:43 am by Silver & Young

The ATO has extended The Single Touch Payroll (‘STP’) reporting exemption to organisations that have a withholding payer number (‘WPN’). As a result, certain entities that don’t have an ABN (but have the WPN instead) will not be required to report under STP in the financial years 2021-22 and 2022-23. This extends the exemption that

Small Business Fees and Charges Rebate

Posted on April 7, 2022 - 3:26 am by Silver & Young

Sole traders, a small business owners, or not-for-profit organisations in NSW may be eligible for a $3,000 small business fees and charges rebate. This refund aids businesses in recovering from the effects of COVID-19 and promotes growth by lowering operating costs. Businesses and not-for-profits that qualify for the rebate only need to apply once, but

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Monthly Archives: April 2022

Increase in releasable First Home Super Saver Scheme amounts

NSW Flood Support Payments 2022

STP reporting exemption extended for WPN holders

Small Business Fees and Charges Rebate

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