Daniel McCulloch(Australian Associated Press) Unemployed workers will be given an extra $50 a fortnight once coronavirus supplements are scrapped, but bosses will be able to dob in anyone who turns do …
(ATO) If you set up a self-managed super fund (SMSF), you’re in charge – you make the investment decisions for the fund and you’re held responsible for complying with the super and tax laws. It’s a ma …
JobKeeper Payment extension 2 starts 4th January 2021
(ATO)www.ato.gov.auThe second JobKeeper Payment extension starts from Monday 4 January 2021.It covers the JobKeeper fortnights between Monday 4 January 2021 and Sunday 28 March 2021. It means:if you a …
Can the JobMaker Hiring Credit help your business?
(ATO)www.ato.gov.au The JobMaker Hiring Credit could mean that your business will receive payments for new positions you create.Eligible employers will receive payments of up to:$200 a week – for each …
Robyn Wuth(Australian Associated Press) Welfare groups are calling for a permanent increase in JobSeeker payments to bring people above the poverty line as the federal government moves to reduce COVID …
Rebecca Gredley(Australian Associated Press) A decision on the rate of JobSeeker is expected to be made by early December, with the government hinting elevated levels will continue.Unemployment Austra …
Matt Coughlan(Australian Associated Press) Older Australians and women have been making up a bigger share of JobSeeker recipients, with people on the unemployment payment long-term also rising.The Par …
ATOwww.ato.gov.au Announcement: The government has extended the JobKeeper Payment scheme. Changes from 14 August 2020 mean:eligible employers will receive the JobKeeper payment for each eligible emplo …
Pension won’t rise in September: inquiry; JobSeeker boosted
Rebecca Gredley(Australian Associated Press) Aged pensioners won’t see an increase in their payment this September, with the next possible rise in March.Department of Social Services deputy secretary …
ATOwww.ato.gov.au When setting up an NFP organisation, it is important to choose an appropriate legal structure as it will affect:the way you hold meetingsthe minimum number of membersreporting requir …
Paul Osborne and Katina Curtis(Australian Associated Press) A major review has called for a lift in the GST rate or a broader base, 20 years on from the introduction of the consumption tax.But the arc …
End of Financial Year (EOFY) Tax Tips and Super Strategies
With so many of us working from home recently, your EOFY tax preparation may be a little different this year. Here, we take a look at how to claim working from home deductions, some smart strategies …