Lodestone Pty Ltd

Insightful, timely and pragmatic advice from smart and friendly people.

Malandra Unit Trust

Using Up-To-Date Accounting Services has absolutely been the right decision for us. No question, big or small, ever feels like it’s too much trouble for the Up-To-Date team, and we really appreciate how friendly everyone is.

van Raalte Family Trust

Up-To-Date’s action and advice has saved my wife a significant amount of tax and made our future look a whole lot brighter. We are indebted to Jody and her team’s knowledge and professionalism.

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Coronavirus – Support for businesses in the form of temporary relief

These are new measures that have been introduced in this package for the next 6 months: Temporary higher thresholds and more time to respond to demands from creditors (Statutory Demands) – these measures will increase the thresholds from $2,000 to $20,000 at which creditors can initiate insolvency or bankruptcy and increase the time to respond…

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Coronavirus – Latest News

New Working from Home Deduction The ATO is announcing special arrangements this year due to COVID-19 to make it easier for people to claim a tax deduction when they are working from home. The new arrangement will allow people to claim a rate of 80c per hour (commencing 1st March 2020) for all their running…

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New working from home tax deduction

ATO announces short cut method for claiming home office running costs The Australian Taxation Office (‘ATO’) has announced a temporary simplified short cut method to make it easier for individual taxpayers to claim deductions for additional running expenses incurred (e.g., additional heating, cooling and lighting costs), as a result of working from home due to the Coronavirus pandemic. Refer…

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