Since the Coronavirus Economic Response Package (Payments and Benefits) Rules 2020 (the JobKeeper Rules) were registered on 9 April 2020, there has been confusion among many accountants, tax...
The Tax Institute
The benefits of learning tax online
Over the past year, we have all had to respond to different changes and adapt to new ways of doing things. Learning is no exception. If you've always been used to...
There has been some confusion around the correct basis for determining the decline in turnover when applying the basic turnover test for the JobKeeper Scheme due, in part, to the reference to ‘cash...
The Treasurer, the Hon Josh Frydenberg MP, has further clarified how the JobKeeper Payment scheme will apply in particular circumstances, including:
Employees employed through a special purpose...
From today, 20 April 2020, Australian businesses facing the economic fallout of COVID-19 can now apply for JobKeeper payments for eligible employees.
The ATO has released comprehensive guides on...
The Tax Institute Senior Tax Counsel, Bob Deutsch, joined the hosts of the Tax Talks podcast to review the COVID-19 stimulus packages currently in play, and to discuss the JobKeeper payment scheme...
ASIC has announced three temporary relief measures regarding financial advice, including that registered tax agents can now offer existing clients limited financial advice about the early access to...
One of the important things we do at The Tax Institute is to advocate for our members and the entire tax profession, by working with lawmakers, the Federal Treasury and the ATO. With the Australian...
The Tax Institute Senior Tax Counsel, Professor Bob Deutsch recently joined presenter Ewan Gilbert on ABC radio to talk about the tax implications of working from home during the COVID-19 pandemic.
As the COVID-19 pandemic continues, the Federal Government has announced its third and most substantial phase of the economic stimulus package. The intention is to assist the ‘hibernation’ of...