The COVID-19 pandemic has presented some of the toughest challenges to businesses and the economy in recent memory. No surprises then that the superannuation industry has also been heavily impacted […]
Since 27 April 2020, a Coronavirus supplement of $550 per fortnight has effectively doubled the rate of certain social security payments (eg JobSeeker, Youth Allowance, and Austudy). Individuals eligible for […]
Recent APRA figures indicate that around 2.4m Australians have taken advantage of the government’s COVID-19 early super release. To date, over $17bn in payments have been made with the average […]
Businesses nervous about the state of the economy in the wake of a potential second wave can breathe a sigh of relief; the government has confirmed its intention extend the […]
The communication of taxpayers’ rights is an important but often overlooked feature of the tax system. Essentially, it is the right of taxpayers to be informed of their rights and […]
With most of Victoria officially in lockdown in an attempt to stop the second wave of COVID-19, the impact on many businesses based across metropolitan Melbourne and the Mitchell Shire […]
If you’re a small business with an annual turnover of less than $10m and have 19 or less employees, you can take advantage of the free small business super clearing […]
With many Australian businesses taking part in the government’s COVID-19 stimulus package including the JobKeeper and the cash flow boost, the ATO has now commenced a compliance program to weed […]
As the country starts on its road to recovery from COVID-19, with most states gradually lifting restrictions on gatherings and business trading, many businesses are starting to reopen and trade […]
If you’re a retail or hospitality worker, 2020 has perhaps not been the best year. However, as with everything, there is a silver lining, with tax time just around the […]