coronavirus

Special Coronavirus Superannuation Condition of Release Extended

By Warren Kruger / October 20, 2020 / 0 Comments

| | | Regulations that extend the time frame of the special condition of release to access $10,000 from superannuation for individuals experiencing financial difficulties due to COVID-19 have been formally registered. The ability to withdraw up to $10,000 from superannuation (if certain conditions are met) was initially set to expire on 24 September 2020. […]

Read More

Expanded Eligible Employee Definition For Jobkeeper

By Warren Kruger / September 22, 2020 / 0 Comments

  | | | Additional recently implemented JobKeeper changes mean more employees will qualify for JobKeeper payments from 3 August 2020. This is primarily because: the eligible employee test has been extended from 3 August 2020 to include eligible employees who were employed on 1 July 2020 (in addition to the original 1 March 2020 […]

Read More

Jobkeeper 2.0 – Tweaks To The ‘Decline In Turnover’ Tests

By Warren Kruger / September 15, 2020 / 0 Comments

  | | | On 21 July 2020, the Government announced that the JobKeeper Payment (‘JKP’) would be extended until 28 March 2021 (i.e., for a further six months beyond its original end date of 27 September 2020). As a result, JKPs will now be made over two separate extension periods, being: Extension period 1 […]

Read More

Coronavirus: Government Announces New Tax Measures

By Warren Kruger / April 2, 2020 / 0 Comments

  | | | The Government has announced a number of economic responses to the Coronavirus (or ‘COVID-19’) pandemic, including economic stimulus packages worth billions of dollars. Some of the key tax measures include: From Thursday 12 March 2020, the instant asset write-off threshold has been increased from $30,000 (for businesses with an aggregated turnover […]

Read More
Call Now Button

Need Help With

Your Tax Return?

Complete the form below for a fast response