by smithfeutrill | Apr 7, 2020 | Uncategorized
ATO ANNOUNCED TODAY Simplified Home Office Claims for Individuals Today the Australian Taxation Office (‘ATO’) has announced a temporary short cut method for individual taxpayers to claim deductions for additional running expenses incurred as a result of working from...
by smithfeutrill | Apr 7, 2020 | Business
Traditionally, it has always been much easier to manage employees and ensure collaborative productivity through onsite and in-office procedures. However, with the COVID-19 outbreak forcing many businesses to continue their operations online business owners and...
by smithfeutrill | Apr 6, 2020 | Business
The Federal Government introduced a third COVID-19 support package of $130 billion on 30 March 2020. The package includes additional support for businesses, including a new JobKeeper payment to help businesses retain employees. Businesses who have been affected by...
by smithfeutrill | Apr 5, 2020 | Uncategorized
As part of the second $66 billion support package in response to COVID-19 and its negative effects on the Australian economy, the Federal Government has expanded tax-free cash payments to small and medium businesses with a minimum payment of $20,000 and maximum of...
by smithfeutrill | Apr 4, 2020 | Super
Under the coronavirus stimulus package released and revised by the Australian Federal Government on 22 March 2020, individuals in financial trouble due to the negative economic impacts of COVID-19 will be able to access their superannuation funds early. However, while...
