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Hi, . Here are your Articles for 26/11/02020.'
 Timely Opportunities  
NSW Budget: What's In It For You?  
In the middle of the COVID-19 pandemic, the NSW government has released what it hopes will be a roadmap to recovery for the State in the form of its 2020-21 Budget. For individuals, the most significant change is the government exploring a possible transition from the current "inefficient" stamp duty and land tax system to a broad-based tax on property. For businesses, sweeteners include payroll tax changes, digital vouchers to help with government costs, support apprenticeships and trainees, and revitalising Sydney's CBD.
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 Sales and Marketing  
Commercial Websites: Navigating Capital and Revenue Deductions  
Australian businesses are increasingly adopting websites as essential sales and marketing tools. The Australian Bureau of Statistics (ABS) has reported that just under half of businesses have a web presence, and online ordering has increased, generating $286 billion in revenue in 2015. Similarly, social media engagement is trending upward, with a third of Australian businesses now using these marketing channels. As technological permutations continue to impact the way businesses operate, our taxation system must too keep pace.
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 Superannuation and Financial Planning  
Lodge Your SAR On Time: ATO Reminder  
SMSFs with a lodgment due date of 31 October has been reminded to lodge on time. According to the ATO, those funds that are more than 2 weeks overdue on any annual return lodgment will have their fund status changed to "Regulation Details Removed" on Super Fund Lookup. This will mean that Australian Prudential Regulation Authority (APRA) funds won't be able rollover any member benefits to the SMSF, and employers won't be able to make any super guarantee contribution payments for members of the SMSF.
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