The ATO has reminded taxpayers that it has a range of support available for small businesses experiencing difficult situations, such as natural disasters, mental health
The Government has recently extended the SME Recovery Loan Scheme by a further six months (to 30 June 2022) to support SMEs adversely economically affected
The Government has passed legislation renewing temporary relief that allows companies to use technology to meet regulatory requirements under the Corporations Act 2001. These temporary
The Government has provided an update of a number of new measures that came into effect from 1 January 2021, including: The most significant changes
Taxpayers continuing to work from home in the new year will be allowed to continue using the simplified working-from-home deduction method following a third extension
Last October, the government announced the JobMaker Plan to support businesses. One of these incentives is temporary full expensing. In their 2020–21 and 2021–22 income
The government has passed legislation to establish the JobMaker Hiring Credit, which is part of the economic response to the COVID-19 pandemic. The JobMaker Hiring Credit is specifically
If you have been adversely financially affected by COVID-19, you may be able to access some of your superannuation early. The ability to withdraw up
JobKeeper 2.0 – tweaks to the ‘Decline in Turnover’ Tests On 21 July 2020, the Government announced that the JobKeeper Payment (‘JKP’) would be extended
JobKeeper extension The Government announced that JobKeeper will be extended but with changes in turnover tests and payment rates: First stage (from 28 September 2020) Turnover
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