At The Tax Institute, we sincerely believe that our economy, our local businesses and the Australian community would have fared far worse during COVID-19 if not for the efforts of dedicated tax...
The Tax Institute
The Coronavirus Economic Response Package (Payment and Benefits) Amendment Rules (No.2) of 2020 (the Amending Rules) refines and clarifies elements of the JobKeeper scheme to ensure that it most...
Partway through June, COVID-19 restrictions have eased somewhat. Australians are able to connect with friends and family in small groups and many businesses are re-opening and getting back to work...
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...
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...
