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Stage 2 Income Tax Cuts Incoming
The ATO will be publishing updated tax withholding schedules shortly, perhaps in a matter of days. Despite the tax cuts being backdated to July 1st
walkerhill
October 19, 2020
The ATO will be publishing updated tax withholding schedules shortly, perhaps in a matter of days. Despite the tax cuts being backdated to July 1st
The 2020 Federal Budget was always going to be historical. With the Government spending $213.7 billion more than it will collect this financial year due
For first home buyers, there have been subsidies offered in light of the Coronavirus epidemic to sweeten the deal for those dipping their toes into
The Government have announced that the JobKeeper Payment would be extended for a further six months- from 28 September 2020 to 28 March 2021- on
Cashflow, or the movement of money within your business, is an essential component for your business’ success. Not only that, but your cashflow is a good indication of the current performance of your business. If you have negative cashflow, then you’re spending more than what you’re bringing in. If your cashflow is positive, then you’re making more than what is going out – which is a main goal for your business.
As Australia prepares for the end of JobKeeper, accounting and legal professionals press the Government to hold off on drastic changes to the scheme. Experiencing
As of 1st June 2020, Coronavirus restrictions have lifted further, coming as a huge relief to many Queensland business owners and employees.
The Australian Taxation Office (ATO) will be looking into JobKeeper Payment compliance despite taking an initial “understanding and sympathetic” approach when reviewing the turnover projections.
Creating good habits can seem like an easy task – until it is time to create a new one. In both personal and business, creating proactive, healthy and consistent habits means that you have greater momentum, enjoy taking action and are better at solving problems.
The Federal Government has released a three-step plan to begin moving the Australian economy into a new normal to prepare for a post-Coronavirus world.
If your business and employees are eligible and have been accepted for the JobKeeper Payment Scheme, then you are required to submit monthly reporting to track how the JobKeeper Payments have affected your business during this COVID-19 period.
Information on the Alternative testing method for the JobKeeper Payment scheme has been long awaited for by many Australian business owners who do not fit into the guidelines of the Basic testing method.
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