The Government has announced further changes to the JobKeeper scheme. The good news is that employees that missed out on JobKeeper because they were not employed on 1 March 2020 might now be eligible.
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During lock down I have had to work from home. I’ve set up a full home office with paintings, plants, a desk, computer equipment, a water tower and a sculpture. I presume I can claim everything I have purchased for this office and claim part of my mortgage and running costs?
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Our latest update on the Australian economy.
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The changes to our daily lives of late have caused us to reframe our views on ‘screen time’, an activity that now more than ever takes up a significant proportion of our day.
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Just when you thought you had a grip on the superannuation rules, they change again. This time though, the changes are mostly positive, especially for older super members keen to top up their savings.
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Most of us understand the importance of saving for a rainy day, but sometimes it takes a crisis like the current pandemic to make us act on it.
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For your convenience, we have created a comprehensive guide to the JobKeeper 2.0 support package offered by the Australian Government in response to COVID-19.
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The Government has announced the $2.5bn JobTrainer package to retrain, upskill and open new job opportunities.
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Will the Prime Minister’s targeted $250 million package of funding to support cultural and creative projects and initiatives save the industry?
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From 1 July 2020, parents accessing the Government’s parental leave pay (PPL) scheme will have greater flexibility and options.
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We always knew that a Government scheme swiftly distributing cash during a crisis was going to come with equally swift compliance and review measures, particularly when eligibility was self-assessed. Two major Australian Taxation Office (ATO) initiatives are searching out fraud and schemes designed to take advantage of the Government’s Coronavirus Economic Response Package.
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Our latest update on the Australian economy.
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The start of the financial year is always an excellent time to take stock of your current situation and visualise where you’d like to be in the future.
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While Australia’s handling of the COVID-19 pandemic was among the best in the world, the speed and spread of the illness underlined just how fragile life can be.
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With Australia in a COVID-induced recession, residential property is not immune to falling economic activity. Yet housing prices are proving surprisingly resilient.
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Despite the current economic environment, the company tax rate will reduce to 26% for small and medium businesses from 1 July 2020.
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News headlines recently stated that casual workers have won the right to paid leave following a decision in the Federal Court. As usual, the devil is in the detail.
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The JobKeeper subsidy has progressed beyond the rush for eligibility and entered its second phase: compliance. Late last month, the Australian Taxation Office (ATO) released guidance highlighting where the regulator will focus its compliance resources.
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The new financial year is almost upon us, and there are some important changes to note.
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Our latest update on the Australian economy.
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