End of Financial Year Planning is fast approaching and now is a good time to think about opportunities and risks that should be addressed before 30th June 2020. Our latest newsletter addresses some of the key year-end issues to consider.
This month we cover: ATO Covid support, Cash Flow Boost updates, JobKeeper updates, Car Depreciation changes and much more.
The Queensland Government has opened a $100m grants scheme – designed to support small businesses who have been significantly impacted by COVID-19.
JobKeeper Update: The ATO has released additional monthly reporting requirements to access JobKeeper payments. QLD Gov has also announced JobKeeper payments will not be liable for QLD payroll tax.
The ATO announces a number of additional tests to determine an employer’s eligibility for the JobKeeper Scheme, along with extended deadlines for the initial JobKeeper periods.
The rules administering the JobKeeper scheme have now been released. Here is what you need to know and do.
The Qld Government has announced further relief for affected property owners dealing with the impacts of Coronavirus.
Eligible Queensland property owners may be able to receive land tax relief.
On Tuesday 7 April 2020 the National Cabinet released a mandatory code of conduct containing “good faith leasing principles”, which will apply to all commercial tenancies. Each state and territory will pass their own legislation and regulations to give effect to the mandatory code.
The Government has announced a $130 billion JobKeeper payment to help keep more Australians in jobs and support businesses affected by the significant economic impact caused by the Coronavirus.
With the rapidly changing environment surrounding the Coronavirus COVID-19 and the amount of information being supplied by both Federal and State Governments, there is a wealth of information and support for businesses to digest.
