Rent Relief for commercial tenants
[siteorigin_widget class=”SiteOrigin_Widget_Hero_Widget”][/siteorigin_widget] Rent Relief for commercial tenants The Government has announced a range of measures to help renters. This includes a temporary hold on evictions and a mandatory code of conduct for commercial tenancies to support small and medium sized enterprises (SMEs) affected by coronavirus. Hold on evictions for renters Evictions will be put on […]
Shortcut Method of claiming home office running costs
[siteorigin_widget class=”SiteOrigin_Widget_Hero_Widget”][/siteorigin_widget] Short cut Method of claiming home office running costs The Australian Taxation Office (‘ATO’) has announced a temporary simplified short cut method to make it easier for individual taxpayers to claim deductions for additional running expenses incurred (e.g., additional heating, cooling and lighting costs), as a result of working from home due to the […]
Economic Stimulus Package announced by Prime Minister
[siteorigin_widget class=”SiteOrigin_Widget_Hero_Widget”][/siteorigin_widget] Economic Stimulus Package announced by Prime Minister The Morrison Government has announced a $17.6 billion economic plan with the following key features included. Effective today, increase of instant asset write off threshold to $150,000 (from $30,000) and expand access to include businesses with aggregated annual turnover of less than $500 million (up from […]