The 120% deduction for skills training and technology costs
It’s a great headline isn’t it? Spend $100 and get a $120 tax deduction. Days after the Federal Budget announcement that businesses will be able to claim a 120% deduction [...]
It’s a great headline isn’t it? Spend $100 and get a $120 tax deduction. Days after the Federal Budget announcement that businesses will be able to claim a 120% deduction [...]
How to set up your Director ID Directors are now required to register for a unique identification number that they will keep for life. What is a director ID? [...]
What lockdown support is available to NSW business? If your business is adversely impacted by NSW lockdowns, support is available. The NSW and Federal Governments have released a series of [...]
What lockdown support is available to Victorian business? Support is available if you are impacted by the Victorian lockdowns. Support for my business A new series of grants have been [...]
What lockdown support is available in Queensland? Support is available if you are impacted by the Queensland lockdowns. Eleven Queensland local Government areas were declared a Commonwealth hotspot on 31 [...]
What lockdown support is available? If you can’t work because you or someone in your household is impacted by COVID-19, support is available. There are two payments accessible to individuals: [...]
What’s New In The 2021/22 Financial Year Superannuation Guarantee increase to 10% The Superannuation Guarantee (SG) rate will rise from 9.5% to 10% on 1 July 2021 and will then steadily increase [...]
JobKeeper Payment Scheme Extension The original JobKeeper Payment scheme (the Scheme) was announced on 30 March 2020 by the Prime Minister and the Treasurer. The purpose of the Scheme is [...]
Latest ATO Updates on the Australian Government JobKeeper Scheme The ATO are regularly making changes and clarifying the information available for the JobKeeper Scheme for tax agents and affected businesses on [...]
Please see our latest post for JobKeeper information. Under the JobKeeper Payment, businesses impacted by COVID-19 will be able to access a subsidy from the Government to continue paying their [...]