JobKeeper Payment Part 2
[siteorigin_widget class=”SiteOrigin_Widget_Hero_Widget”][/siteorigin_widget] Jobkeeper Payment Part 2 Tuesday the 21st July 2020, it was announced by Prime Minister and Treasurer that JobKeeper program will be extended to March 2021. It was confirmed in their announcements that the current $1,500 per fortnight JobKeeper payment will be dropped to $1,200 per fortnight from 28 September, and $750 per […]
Varying PAYG Instalments because of COVID-19
[siteorigin_widget class=”SiteOrigin_Widget_Hero_Widget”][/siteorigin_widget] Varying PAYG Instalments because of COVID-19 PAYG instalments is a system that helps you manage your expected tax liability on income from your business or investments for the current income year by making smaller regular payments. To assist taxpayers experiencing financial difficulty as a result of COVID-19, the ATO is providing added flexibility […]
Remote AGMs and Document Signing Allowed
[siteorigin_widget class=”SiteOrigin_Widget_Hero_Widget”][/siteorigin_widget] Remote AGMs and Document Signing Allowed Companies should note that the government made a determination just before the end of the financial year that permits companies to hold annual general meetings by electronic format. Also, companies may execute a document, without using a common seal, by electronic communication. The determination is to be […]
The Realities of Insuring Against Cyber Crime
[siteorigin_widget class=”SiteOrigin_Widget_Hero_Widget”][/siteorigin_widget] The Realities of Insuring Against Cyber Crime Think your business is too small or that your data and information isn’t important enough to be targeted by hackers? Think again. Much of our communication, be it personal or businesses-related, has increasingly moved online in the last two decades, and continues to do so, […]
Instant Asset Write Off Extended to 31 December
[siteorigin_widget class=”SiteOrigin_Widget_Hero_Widget”][/siteorigin_widget] Instant Asset Write Off Extended to 31 December Note that the boost to the instant asset write off rules that the government put in place to help stimulate the Australian economy in the face of the COVID-19 crisis has been extended to the end of this year. Businesses with a turnover of up […]
Tax Return Tips
[siteorigin_widget class=”SiteOrigin_Widget_Hero_Widget”][/siteorigin_widget] Tax Return Tips Despite the current COVID-19 world in which we live, the procedures for completing and lodging tax returns remains pretty much the same. So, before we sit down with you to go over your tax return, certain information will be needed. Of course these days pre-filling takes care of a lot […]
Tax issues when dealing with volunteers
[siteorigin_widget class=”SiteOrigin_Widget_Hero_Widget”][/siteorigin_widget] Tax issues when dealing with volunteers From bushfire relief groups, sporting clubs, environmental groups, charity associations and many more, volunteers are an indispensible workforce and support network for many organisations. For most, if not all, having volunteers ready to lend a hand is pivotal in them being able to function or survive. Given […]
Tax when you’re headed overseas
[siteorigin_widget class=”SiteOrigin_Widget_Hero_Widget”][/siteorigin_widget] Tax when you’re headed overseas Most people’s “to-do” list when they are planning a trip overseas will likely include items such as travel insurance, phone chargers or taking photos of their passport — but probably the last thing on anyone’s minds will be their likely tax situation before, during or after that trip-of-a-lifetime. […]
Temporary visa holders: Changed conditions for COVID-19
[siteorigin_widget class=”SiteOrigin_Widget_Hero_Widget”][/siteorigin_widget] Temporary visa holders: Changed conditions for COVID-19 The government has made a number of changes to temporary visa holder arrangements during the COVID-19 crisis. The Department of Home Affairs says these measures have been made to protect the health and livelihoods of Australians, to support critical industries, and to boost recovery afterwards. Home […]
Top 7 Tax Tips for Investors
[siteorigin_widget class=”SiteOrigin_Widget_Hero_Widget”][/siteorigin_widget] Top 7 Tax Tips for Investors The end of the financial year is not all that far away. To help you to prepare for tax time, we provide our top 7 tips for your 2019-20 tax return. This list is not exhaustive, and we will need to review the items in light of […]