by smithfeutrill | Apr 28, 2020 | Uncategorized
The ATO has now announced an extension of time for employers who wish to enrol for the first two JobKeeper fortnights – to 31 May, an extension from 30 April. Crucially, for the first two fortnights that run from 30 March to 12 April, and 13 April to 26 April,...
by smithfeutrill | Apr 24, 2020 | Uncategorized
ATO Alternative Test The much anticipated “alternative test” criteria has been delivered by The Australian Taxation Office yesterday. The alternative test is available to businesses that cannot satisfy the 30% revenue reduction by comparing their current years...
by smithfeutrill | Apr 21, 2020 | Super
Longevity risk is a common and important factor to consider when planning for your retirement funds. Longevity risk refers to the risk of outliving your savings and arises as people enter retirement, and in most cases, with a fixed amount of money to use during their...
by smithfeutrill | Apr 19, 2020 | Business
As a result of the coronavirus outbreak in NSW and a decline in economic activity throughout the state, on 17 March 2020, the NSW government announced its own $2.3 billion coronavirus stimulus package which includes direct efforts to assisting small businesses. Out of...
by smithfeutrill | Apr 16, 2020 | Uncategorized
The ATO and Government are constantly sending updates on the JobKeeper scheme. At times, it can be confusing to work out what needs to be done next. If you think you will be eligible for JobKeeper, and have already applied for updates with the ATO, the next step will...