by admin | Aug 7, 2020 | Uncategorized
On 6 March 2020, the government introduced a super guarantee (SG) amnesty (the amnesty). The amnesty allows employers to disclose and pay previously unpaid super guarantee charge (SGC), including nominal interest, they owe their employees, for quarters starting from...
by admin | Jul 28, 2020 | Uncategorized
On 21 July 2020, the Government announced that JobKeeper would be extended to 28 March 2021, but it will have reduced payments to employers and it will be harder to qualify receive it. All employers wanting to claim JobKeeper payments from 28 September 2020 will need...
by admin | Jun 17, 2020 | Uncategorized
On the 12th of March as part of the COVID-19 Federal Government stimulus package, the instant asset write off was increased from $30,000 to $150,000. So any assets purchased after this date under this amount are eligible to be claimed as a full tax deduction provided...
by admin | Jun 17, 2020 | Uncategorized
The Queensland State Government is extending the Small Business COIVD-19 Adaption Grant Program. As part of the Stage 2 Queensland Economic recovery plan, $100 million of funding is being made available to deliver a second round of grants, with half of this funding...
by admin | Jun 1, 2020 | Uncategorized
The end of any financial year is a busy time. For this financial year, the impact of COVID-19 on investment markets generally and the economy more broadly means trustees need to be even more thorough in their analysis and evaluation of their SMSF and retirement plans....