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...
by smithfeutrill | Apr 3, 2020 | Tax
If you haven’t set up your myGovID yet, you need to do it before you can lodge your next business activity statement (BAS). AUSkey, including Manage ABN Connections, will be replaced by the ATO’s myGovID and Relationship Authorisation Manager (RAM) from 27...
by smithfeutrill | Apr 2, 2020 | Uncategorized
Many clients have been enquiring as to how businesses will qualify for the JobKeeper Payment. The Government have released an update to their fact sheet today to address this issue. In summary; to establish that a business has faced either a 30 (or 50) per cent fall...
by smithfeutrill | Mar 31, 2020 | Uncategorized
You will no doubt have read or heard about the Federal Government’s latest stimulus package announced yesterday – the $130 billion JobKeeper Payment Summary The JobKeeper Payment is a subsidy to businesses that is designed to keep more Australians in jobs through the...
