ATO updates JobKeeper compliance approach
The Tax Office has now updated its JobKeeper compliance guidelines with new examples of schemes where there will be a high risk of the commissioner devoting his compliance resources to.
COVID-19 hotspots – tax time 2020
Agents have been urged to be proactive as tax time 2020 approaches, with the ATO set to take a closer look at clients’ tax returns through a COVID-19 lens.
$150k instant asset write-off set for significant drop
The $150,000 instant asset write-off will soon revert to its original threshold of $1,000 in just over four weeks, with businesses urged to consider the measure ahead of the end of financial year.
Tax reform to feature heavily in PM’s JobMaker plan
Tax reform to support jobs and encourage investment will be firmly on the government’s agenda as it looks to unveil its JobMaker economic recovery plan.
Jobkeeper Fraud warning
AFP teams up with ATO, Treasury in COVID-19 tax fraud taskforce.
ATO extends initial JobKeeper payment deadline
Employers looking to enrol for the first two JobKeeper fortnights have now been granted a further extension of time to enrol and pay employees.
Covid-19 resources.
Multiple sources of help and explanation the relief packages and programs our Governments have recently. All relate to Covid-19 so that you don't have to hunt for information or miss out. Your accountant can help with any question you have.
Boosting cash flow – ATO
Beginning the April 29 2020 BAS based payments began to flow from the ATO to small businesses across Australia.
Our website, your resources
Coronavirus resources have been added to the many others we supply our clients. Resources such as many latest news articles, educational videos (updated recently), client portals, calculators, and stock prices. You have 24/7 access to all these tools and resources. Any question, simply ask. *
ATO releases JobKeeper alternative test
The alternative decline in turnover test rules for the JobKeeper payment scheme has now been registered by the ATO.