Towards the end of 2020, the Victorian Government announced the extension of land tax relief measures as part of its efforts to help the State recover from the financial impact of COVID-19. These...
The Tax Institute
Some of you may have read or heard about the AAT case, Apted and Federal Commissioner of Taxation [2020] AATA 5139 handed down on 21 December 2020 regarding JobKeeper eligibility and whether an...
It’s a mammoth task to keep up to date with the status of different pieces of tax legislation even at the best of times. This year, it might simply feel like an impossible task. That’s where our ...
This year, there have been a number of stimulus measures for tax practitioners to keep up with, as our regulators and Government respond to the COVID-19 pandemic. One of these was the cash flow...
Registrations are now open for the Federal Government’s JobMaker Hiring Credit scheme (JobMaker), an incentive for Australian businesses to employ job seekers aged between 16–35 years. Eligible...
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...
