From Government Approved Tax-Free Grants for COVID-19 Back in the last year, some laws were approved that gave certain grant payments for COVID-19 that would be made non-assessable non-exempt income. The cashier or treasurer is required for legislation to...
Administered through STP, JobMaker provides a payment to employers of $200 per week for eligible new employees aged between 16 and 29, and $100 per week for eligible employees aged between 30 to 35 years for 12 months. The hiring credit availability is for jobs...
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...
GST Reporting Method In order to apply for new turnover reduction tests for September 2020 and December 2020 quarter, the entities that are registered for GST must use same method which is used for GST reporting purposes. The GST reporting method that is used...