Blog

JobKeeper Payment Extension (JobKeeper 2.0)

Key Dates: 28 September 2020: The JobKeeper extension starts and the payment rates change for your eligible employees/business participants. 1st – 14th October 2020: Complete the October JobKeeper monthly business declaration so you can be reimbursed for September fortnights. 1st – 31st October 2020: Check and submit the business actual decline in turnover to the […]

Read More

Your Money Matters – June 2020

2020 INCOME STATEMENTS (previously PAYG payment summaries) To all of our salary and wage clients, we can obtain your 2020 Income statement (previously called a PAYG payment summary or Group Certificate) from the ATO Tax Agent Portal at the ATO. You DO NOT have to set up a mygov account; we can access this information […]

Read More

STIMULUS PACKAGE SUMMARY 2020

Am I eligible for the cash flow boost? A business (including a charity or not-for-profit) will be eligible for the cash flow boost if it meets the following conditions. The business must make a payment that is subject to the withholding tax provisions (the most common example will be payments of salary or wages). The […]

Read More

ATO Dates For 2020

Key Dates to Remember in 2020 As some dates may vary, please ensure you contact the Australian Taxation Office to check any dates in question. When the due date for lodgment or payment falls on a Saturday, Sunday, or Public holiday, it may be done on the next business day. 15 January 2020 Lodge Tax Return […]

Read More

Your Money Matters – October 2019

$30,000 instant asset write-off The ATO is reminding businesses that are looking to expand or improve their business and thinking of buying new or second hand assets, that medium sized businesses with a turnover up to $50 million (but at least $10 million) are eligible for the instant asset write-off.

Read More