The COVID-19 has already taken a tragic toll on the global economy, destroying the very foundations of global financial markets and plunging the global economy into a state of recession that may be much worse than the "Great Recession." While the pandemic's severity...
The Jobkeeper has Dominated the Headlines; However, only July 1st, 2020 Test Date for Employee has been Finalized. The legislation is yet before the Senate to extend the JobKeeper beyond September 27th. The details of JobKeeper 2.0 require legislative instrument to...
The parliament approved legislation for COVID-19 stimulus and support measures. Most of the stimulus initiatives are being administered by ATO. The compliance deadline remains regardless of the fact that either the payments have delayed or waived. The transitional...
The authorities have declared $130 billion JobKeeper Payment to assist to keep the Australians to stay in their jobs and support the businesses that got affected by crucial economic influence caused due to COVID-19. Almost six million of the employees will get a...
Including Australia's acts, four Australian governments provided their own stimulus packages formally issued. A description of the main payroll tax concessions in answer to COVID-19 from all States and territories is given below. Payroll Tax Concessions - COVID-19...
An Overview by Accountant of the Latest Prompt Measures Coronavirus is not only a health emergency in the world, but also an economic too. In order to control the spread of this pandemic, different authorities are taking different measures. Authorities have imposed...
The Accounting during the difficult times are there to provide assistance and positivity in businesses. Being an entrepreneur, the key element to focus now a days in the times of downturn is to resist with the tough times that sets business up to be a rapid turning...
Income tax returns impacted by the coronavirus in Australia(COVID-19) The outbreak of COVID-19 is affecting the employees and the businesses and the economies and also the domestic and global economies. According to the tax professionals, coronavirus disruptions are...