by smithfeutrill | May 1, 2020 | Super
The Government’s economic response to coronavirus will provide SMSFs and their members with additional support, including reducing minimum drawdown rates and early release of superannuation. The minimum annual payment required for account-based pensions and...
by smithfeutrill | May 1, 2020 | Business
Despite unprecedented circumstances, employers still need to consider the requirements of dismissal under the Fair Work Act when ending employment to avoid legal action against them. When dismissing or standing down employees due to COVID-19 limitations, employers...
by smithfeutrill | Apr 30, 2020 | Business
Businesses wishing to use the JobKeeper payment scheme may find themselves running into many logistical uncertainties, as claiming the JobKeeper payment scheme can be a complicated and risky process. Here are the steps you need to take now to benefit. Businesses who...
by smithfeutrill | Apr 30, 2020 | Super
If you are an employer looking to correct past unpaid superannuation guarantee (SG) amounts, you now have a six-month window until 7 September 2020 to apply for SG amnesty. Up until early September, employers will be able to disclose, lodge and pay unpaid SG amounts...
by smithfeutrill | Apr 30, 2020 | Tax
While the Australian Government has provided businesses with many relief measures during the COVID-19 pandemic, such as the JobKeeper subsidy payment scheme, major changes to instant asset write-off and also rental relief for commercial tenants, the ATO has also...
