Early Access to Super
Early access to super
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JobKeeper Payment – Sole Traders & Other Entities
Are you a sole trader, in a partnership, trust, or company, and wondering how the JobKeeper payment can help you? You’ll need to check if you or your business is eligible at www.ato.gov.au/…/JobKeeper…/Sole-traders-and-other-entities/ If you meet the requirements, you can start preparing now by: ✔️ Subscribing to updates on JobKeeper payment ✔️ Seeking advice from your registered tax […]
JobKeeper Payment – Find out More
The ATO know many businesses have been impacted by COVID-19, and they’re here to help.
The new JobKeeper payment is now available for eligible employers to help them pay their employees.
If you’re an employer looking to apply for the JobKeeper payment, there’s no need to call them – check out the steps you need to take to get ready to receive the JobKeeper payment for your employees.
Changes to the Fair Work Act – JobKeeper Wage Subsidy
The Fair Work Act has been amended to cater for the introduction of the JobKeeper Wage Subsidy, and although overriding any modern award, enterprise agreement or employment contract, these changes will only apply to an employer and employee that have been approved (and continue to be approved) under the JobKeeper Scheme. NOTE: Although this article seeks […]
SMEs to receive rent waivers, deferrals
Small and medium businesses will now be granted rental waivers and deferrals under a mandatory Code of Conduct unveiled by Prime Minister Scott Morris. Under the Code of Conduct, landlords will be required to reduce rent proportionate to the trading reduction in the tenant’s business caused by the coronavirus pandemic through a combination of waivers […]
Employees working from home
As the situation around COVID-19 continues to develop, we understand you may now be working from home and you may incur expenses that you can claim at tax time. To claim a deduction for working from home, all of the following must apply: You must have spent the money. The expense must be directly related […]
Payroll tax support for QLD businesses affected by the coronavirus (COVID-19)
Coronavirus payroll tax relief You may be eligible for one or more of a range of payroll tax relief measures as a result of the impacts of coronavirus (COVID-19). These include: refunds of payroll tax for 2 months a payroll tax holiday for 3 months deferral of paying payroll tax for the 2020 calendar year. As part […]
Budget 2019-20: Lower taxes for hard-working Australians and small business
Tax Relief to Encourage and Reward Hard-Working Australians The Government is building a tax system that rewards effort and underpins a strong economy. The Australian Government is lowering taxes for working Australians and backing small and medium‑sized business, while ensuring all taxpayers, including big business and multinationals, pay their fair share. Lower taxes form part […]
Early release of super Register your interest
If your financial situation has been impacted as a result of COVID-19, you may be able to access some of your super early. You don’t need to call the ATO. You can register your interest now via myGov and the Tax Office will be in contact once applications open on 20 April. To check if […]