by James Carey | Jun 28, 2021 | News
If you can’t work because you or someone in your household is impacted by COVID-19, there is support available, but it comes with fairly strict eligibility criteria. There are two payments accessible to individuals: The COVID -19 Disaster Payments; and the Pandemic...
by James Carey | Mar 31, 2021 | News
FBT 2021: What you need to know Is your business at risk of a nasty Fringe Benefits Tax surprise? We’ve outlined the ATO’s ‘red flags’ for employers and employees. FBT updates and problem areas COVID-19 assistance and benefits Motor vehicle problem areas ATO ‘red...
by James Carey | Aug 17, 2020 | News
Special guest post by Tom Scrutton Keeping records is extremely important for both business owner and taxpayers. The good news these days is that you can maintain soft copies of most of your historical records, saving on clutter and of course minimising tree...
by James Carey | Jul 22, 2020 | News
The second tranche of the JobKeeper scheme changes the eligibility test for employers and the method and amount paid to employees. If your business currently receives JobKeeper, your arrangements will generally remain unchanged until 27 September 2020. From 28...
by James Carey | May 27, 2020 | News
Date New assets acquired from 12 March 2020 and first used or installed ready for use for a taxable purpose by 30 June 2021 Applies to Businesses with aggregated turnover less than $500m Eligibility Businesses with a turnover of less than $500 million can...
by James Carey | Apr 27, 2020 | News
On Friday afternoon, (24/04) the Government announced further changes to the JobKeeper program, and clarified some rules. We have highlighted them below: GST turnover: Cash vs accruals – Everyone can choose! After the rules initially suggested that everyone was...
