By Steve Burnham Government agencies regularly access data contained in the ABN registration, and where this is not up-to-date the taxpayer may be missing out on stimulus measures, grants, and other government support. This became painfully evident during the 2019-20 bushfires, and is now re-surfacing during COVID-19 when it was found that a concerning amount […]
Many workers new “normal” is working full time from home, as a result of the Social Distancing measures in response to Covid-19. In order to make it easier for individual taxpayers to claim deductions for additional running expenses incurred (e.g., additional heating, cooling and lighting costs), the ATO have announced a temporary short cut method […]
The Morrison government announced yesterday the 3rd and largest stimulus package to date. The package centred around the Jobkeeper payment, which is payment to eligible employers of $1,500 per fortnight. How to claim: Register an intention to apply on the ATO website and assess that they have or will experience the required turnover decline. Provide information to […]
As government measures change daily amid the COVID-19 pandemic, a second stimulus package was released. This update focuses on what this means for small business, as well as other questions small business owners may have. It is current as at 23 March 2020. Sole Traders: As part of the second stimulus package, sole traders have […]
