Temporary Working from Home Expenses Rule
The Australian Taxation Office has announced special arrangements this year – and it affects everyone working from home due to the coronavirus crisis.
Minimum Pensions Halved – 2020 & 2021
Retirees have support to preserve their superannuation benefits by changing their minimum pension.
Minimum Pensions Halved – 2020 & 2021
Retirees have support to preserve their superannuation benefits by changing their minimum pension.
More coronavirus support for landlords, commercial tenants
More state governments are pledging to support tenants and landlords through the coronavirus pandemic by reforming residential and commercial tenancy law.
COVID-19: Early Childhood Education and Care Relief Package
From Monday 6 April additional support for Early Childhood Education and Child Care Services and their families.
Now I’m working from home, what can I claim?
As more people are now working from home many are wondering what can and can’t be claimed and what records they need to keep. The following information, plus some tools and fact sheets, will help but your accountant and financial planner can help you the most with this question.
Global statistics plus Covid-19 updates
The following website gives the running totals for many everyday categories and the numbers are almost, if not, overwhelming when seen on a global scale.
ATO clarifies COVID-19 rent relief concerns
The Australian Taxation Office has responded to widespread concerns on whether SMSF landlords providing rent relief to tenants due to the financial impacts of the novel coronavirus is a contravention of the SIS Act.
Banks to defer small-business loan repayments for 6 months
Small businesses will be allowed to defer loan repayments for six months under new emergency measures announced by the Australian Banking Association.
Historic $130bn wage subsidy to cover 6 million workers
Prime Minister Scott Morrison has now unveiled an extraordinary $130 billion wage subsidy which will see businesses receive $1,500 a fortnight per employee for the next six months.