SME Commerical leasing principles during COVID-19
National Cabinet Mandatory Code of Conduct SME Commercial leasing principles during COVID-19 The National Cabinet has agreed that states and territories will implement a mandatory code of conduct for commercial tenancies. More information here
Claiming tax deductions for working from home due to Coronavirus is being made easier
Working from home because of Coronavirus? You’re now eligible for a new 80 cents per hour tax shortcut The Australian Taxation Office (ATO) is introducing a new method which will allow people to claim 80 cents per hour for all...
JobKeeper Payment – FAQs
JobKeeper – Frequently Asked Questions WHAT IS THE JOBKEEPER PAYMENT? The JobKeeper Payment is a payment made to eligible businesses and not-for-profits affected by the Coronavirus to support them in retaining employees. Eligible businesses that elect to participate will receive...
$10,000 grants to provide fast relief for NSW small business
Thousands of small businesses across NSW struggling to cope with the COVID-19 shutdown will receive grants of up to $10,000 under a new assistance scheme announced today by Premier Gladys Berejiklian, Treasurer Dominic Perrottet and Minister for Finance and Small...
PM says financial hardship will be reflected in rental waiver
Addressing the country today, Prime Minister Scott Morrison said that the anticipated industry code of practice for commercial tenants, designed to address particularly the small and medium sized tenancies, has not yet been finalised. “An industry code of practice for...
What employers need to know about FBT 2020
We are living in difficult times, however the world keeps going and our businesses are still expected to meet their Fringe Benefit Tax (FBT) obligations for this year ended 31 March 2020. The key issues for employers this FBT year...
ATO Lodgement dates
ATO Lodgement requirements Below is a table of ATO lodgement dates from 1 April to 31 August 2020. Date Lodgement Obligation Announced Payment Concessions triggered by Lodgement 7 April 2020 March 2020 Monthly NSW Payroll Tax Payment of tax is...
JobKeeper Payment
The Government is introducing a subsidy program to support employees and businesses. The JobKeeper Payment is designed to help businesses affected by the Coronavirus to cover the costs of their employees’ wages, so that more employees can retain their job...
