When calculating your eligibility for JobKeeper beyond 28th September, the ATO have advised that your GST method of reporting must be used to determine if your turnover has declined by 30%. This means that if you
Prime Minister Scott Morrison announced on 3 August 2020 a Federal Government “pandemic leave disaster payment”. The payment will be a one-off amount of $1,500, available to workers in Victoria who have no sick leave
For JobKeeper fortnights beginning on or after 3 August 2020, the reference date for determining certain employee eligibility conditions has been changed from 1 March 2020 to 1 July 2020. The purpose of this change is to
Prime Minister Scott Morrison announced further changes to JobKeeper on 7 August 2020. The changes are intended to ensure that eligibility for the revised JobKeeper scheme – to commence on 28 September 2020 – will be
The ATO has updated its COVID-19 and fringe benefits tax (FBT) advice, providing a useful outline of some issues that may arise due to an employer’s response to COVID-19. Working from home devices Items provided to
Future Casting – your staffing structure in 6 months Thursday, August 19th 1pm AEST JobKeeper has been extended, which brings welcome short term relief, but business owners are still feeling understandable concern
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
