On 23 July 2020, Federal Treasurer Josh Frydenberg released the Economic and Fiscal Update July 2020, outlining the key COVID-19 policy response measures announced by the Government since March 2020. The Treasurer said t
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On 23 July 2020, Federal Treasurer Josh Frydenberg released the Economic and Fiscal Update July 2020, outlining the key COVID-19 policy response measures announced by the Government since March 2020. The Treasurer said t
The Government is extending the JobKeeper Payment by a further six months to 28 March 2021. Support will be targeted to businesses and not-for-profits that continue to be significantly impacted by the Coronavirus. Moving
If you have purchased assets for your business, remember that you may be eligible to claim an immediate deduction in your 2019–2020 tax return under the instant asset write-off, which was recently expanded into
Many businesses are facing significant financial difficulty as a result of enforced closure of their businesses or a dramatic downturn in customers due to social distancing and work from home requirements. State and Fede
The Land Tax (Miscellaneous) Amendment Bill 2019 (Bill) in its final form (after various versions) received Royal Assent on 5 December 2019. The new measures set out under the Bill will commence on 30 June 2020. The
*Updated 30th April 2020* What does this mean for Employers & Employees? We now have a better understanding of the obligations and steps Employers and Employees need to take in the coming weeks to ensure they
The Federal Government has announced a new $130bn JobKeeper payment plan as part of its third stimulus package. This has been created to subsidise wages to ensure businesses can keep employees during the downturn due to
The government have released the first of a series of Stimulus Packages to assist businesses in dealing with issues related to the COVID-19 outbreak. Details of the First Package below: Boosting Cash Flow Details: A tax
To help protect our staff and clients, we are regularly reviewing our plans to deal with the impact of COVID-19 following the latest Government and SA Health guidance. We have taken steps to minimise the impact on our bu
There’s been an abundance of media coverage recently surrounding underpayments to staff, payroll inaccuracies and superannuation errors. Leading the dialogue is the term ‘wages theft’ and the impression of the
We are pleased to supply you with the latest edition of Client Alert, which contains information on a number of important developments up to and including 21 February 2020: Super guarantee loopholes closed – Until rece
Each year DFK International requests statistics about each member firm that collectively is submitted to the IAB publication. DFK International is pleased to announce that we are ranked as the 7th largest associat
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