HIGH COURT OVERTURNS MONDELEZ DECISION
August 18, 2020Read moreHIGH COURT OVERTURNS MONDELEZ DECISION On 13 August 2020, the High Court overturned the Full Federal Court decision, clarifying how paid personal/carer’s leave is accrued and taken. Personal/carer’s leave entitlements will be accrued per the Fair Work Act 2009 (“the Act”), which is an entitlement to 10 days personal/carer’s...
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Super Guarantee Amnesty
August 7, 2020Read moreOn 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 1 July 1992 to 31 March 2018. Eligible disclosures will not incur...
JOBKEEPER EXTENSION – Jobkeeper 2.0
July 28, 2020Read moreOn 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 to reassess their...
Extended Instant Asset Write-Off
June 17, 2020Read moreOn 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 it is installed...
SMALL BUSINESS COVID-19 ADAPTION GRANT PROGRAM
June 17, 2020Read moreThe 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 being specifically for regional small businesses...