July 6, 2020
The ATO on COVID-19 fraud warpath
We always knew that a Government scheme swiftly distributing cash during a crisis was going to come with equally swift compliance and review measures, particularly when eligibility was self-assessed. Two…
June 16, 2020
Business Tips as 30 June 2020 Fast Approaches
We are fast approaching 30 June 2020 and with that in mind, it is a timely reminder to consider some tax planning strategies given the current economic circumstances and changing…
June 15, 2020
What’s changing on July 1st?
$150k instant asset write-off scheduled to reduce back to $1,000 for small business entities and will no longer be available for entities with aggregated annual turnover of $10m or more,…
June 11, 2020
1 July company tax rate reduction
Despite the current economic environment, the company tax rate will reduce to 26% for small and medium businesses from 1 July 2020. The 1 July change is part of a…
June 11, 2020
Have casual workers been granted annual leave?
News headlines recently stated that casual workers have won the right to paid leave following a decision in the Federal Court. As usual, the devil is in the detail. At…
June 11, 2020
The ATO’s JobKeeper audit targets
The JobKeeper subsidy has progressed beyond the rush for eligibility and entered its second phase: compliance. Late last month, the Australian Taxation Office (ATO) released guidance highlighting where the regulator…
April 24, 2020
Snapshot: The JobKeeper Payment
The JobKeeper payment is a subsidy of $1,500 per fortnight per eligible employee paid in arrears to the employer by the ATO. It’s for businesses that have suffered a detrimental…
April 14, 2020
Covid 19 – JobKeeper Payment Scheme
We would like to take this opportunity to update you on the JobKeeper Payment Scheme. Last Wednesday, the Coronavirus Economic Response Package (Payments and Benefits) Bill 2020 was introduced and…
March 31, 2020
How to get your payroll right
A series of high-profile examples of businesses underpaying their employees has brought the need to get payroll right into sharp focus. Complex award and enterprise agreements can complicate payroll obligations,…
