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The ATO has provided updates regarding the tax implications when a landlord gives, or a tenant receives, rent concessions (such as waivers or deferrals of rent) as a result of COVID-19. For example, the ATO provides the following advice for tenants that have received a rent waiver. If the waived
Another financial year has come and gone. It certainly has been a tumultuous twelve months with Covid, Jobkeeper, lockdowns and vaccine rollouts! With Jobkeeper and other government assistance having now ceased, business is left to stand on its own. From what I have seen most have made it through relatively
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