The August JobKeeper monthly business declaration is due by Friday 14 September. The August declaration is different with three fortnights to claim:
Fortnight 9 – commencing 20 July
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The purpose of this Fact Sheet is to enable you to make a quick assessment of your eligibility for the Government's JobKeeper Payment Scheme extension beyond the original end date of 27 Sept...Read MoreRead More
The Government has announced further changes to the JobKeeper Payment scheme that relate to the GST turnover reference period and employee eligibility.
From Monday 28 September 2020, busi...Read MoreRead More
The ATO has clarified its position on loans that have been put on hold during COVID-19.
A debt is considered as being forgiven for tax purposes if, generally:
the debtor is someh...Read MoreRead More
Temporary Occupational Health and Safety (COVID-19 Incident Notification) Regulations 2020 (OHS COVID-19 Regulations) commenced on Tuesday 28 July 2020.
In this state of emergency and pande...Read MoreRead More
The Coronavirus SME Guarantee Scheme to assist small and medium enterprises (SMEs) impacted by the coronavirus to access working capital will be extended to loans written until Tuesday 30 Ju...Read MoreRead More
The payment period of the temporary Coronavirus Supplement has been extended to Thursday 31 December 2020.
Eligible income support recipients will continue to receive the payment at a rat...Read MoreRead More
The Federal Government has announced extensions of the JobKeeper payment to Sunday 28 March 2021 and the temporary Coronavirus Supplement to Thursday 31 December 2020.
The JobKeeper pay...Read MoreRead More
New legislation has recently been enacted that changes the taxation treatment of distributions of income from testamentary trusts to minors.
Previously income from property that did not f...Read MoreRead More
Employers who lodged their 2020 FBT returns, treating ride-sourcing vehicle travel by employees as subject to FBT, will need to amend their returns, following law changes to exempt such trav...Read MoreRead More
