What to know about lodgement date deferrals

The ATO has announced a series of lodgement deferral dates due to COVID-19, available to businesses for tax returns, fringe benefits tax returns, monthly and quarterly BAS, annual GST returns, PAYG summary annual reports and taxable payment annual reports. The...

Year End Strategies • 2019-2020

In this guide, get the latest updates on: • PREPARING FOR YEAR END • Major changes to instant asset write-off • 2020 end of financial year checklist • Rent relief for commercial tenants • Tax tips for property investors • Jobkeeper payments • And more To read about...

The proposed JobKeeper Payment

  Job-keeper package a lifeline for both employers and employees The Federal Government has announced as part of its Coronavirus Stimulus Package the introduction of a new JobKeeper Payment to assist eligible employers and selfemployed individuals who have been...

The $1,500 JobKeeper Package – what you need to know

$1,500 JobKeeper subsidy to keep staff employed From 30 March 2020 for six months For employees employed at and from 1 March 2020 First payments in first week of May 2020 Applies to Based on comparable periods: Employers <$1 bn that have experienced a downturn of...

COVID-19 Government Stimulus Update

Summary – For Individuals Individuals Early release of superannuation – individuals in financial distress able to access up to $10,000 of their superannuation in 2019-20, and a further $10,000 in 2020-21. The withdrawals will be tax-free and will not affect...

COVID-19 Government Stimulus Update

Second Stimulus Package for Business owners The Government has released a second, far-reaching $66.1 bn stimulus package that boosts income support payments, introduces targeted changes to the superannuation rules, provides cash flow support of up to $100,000 for...