Category: blog

Back to Blog Contents Claiming deductions for working at home due to COVID-19 ATO introduces the shortcut method of calculating additional running expenses from working at home As the COVID-19 pandemic hit the world stage and changed the way we live and work, many Australians have been and are still working from home. The Government… Continue reading Claiming deductions for working at home due to COVID-19

Back to Blog Contents Coronavirus Land Tax Relief For landlords impacted by Coronavirus In response to COVID-19, the Victorian Government has announced land tax relief for landlords that includes: rent relief for those landlords who provide tenants impacted by the coronavirus; 25% reduction on the property’s 2020 land tax for landlords who are unable to… Continue reading Coronavirus Land Tax Relief

Back to Blog Contents HomeBuilder Grant The $688 million program to help boost the home construction industry On the 4th June, the federal government announced the new $688 million HomeBuilder program that will offer eligible Australians $25,000 grants to build a new home or start a major renovation. This announcement comes in the wake of… Continue reading HomeBuilder Grant

Back to Blog Contents Economic Stimulus Package Scott Morrison announces Economic Stimulus Package Late last week, the Federal Government announced a stimulus package worth $17.6 billion to help our economy during these difficult times. Australian businesses will be some of the biggest beneficiaries in an effort to boost the economy and save jobs. Here is… Continue reading Economic Stimulus Package

Back to Blog Contents 2nd Economic Stimulus Package – For Individuals The Federal Government has released details of its second stimulus package in response to COVID-19 (coronavirus), with five new measures to provide support payments to lower income Australians and individuals most affected. Income support for individuals There will be an expansion to the eligibility… Continue reading 2nd Economic Stimulus Package – For Individuals

Back to Blog Contents 2nd Economic Stimulus Package – For Businesses The Federal Government has released details of its second stimulus package in response to COVID-19, outlining support to business and employers. The first stimulus package was aimed at providing support to business taxpayers and employers. This included concessional depreciation rules, support payments for PAYGW… Continue reading 2nd Economic Stimulus Package – For Businesses

Back to Blog Contents When can employees be stood down without pay? During these unprecedented times, many businesses will be faced with difficult staffing decisions that may be due to government restrictions or operational challenges. Many employees will be stood down during this period, meaning they will remain employed without pay. Under the Fair Work… Continue reading When can employees be stood down without pay?

Back to Blog Contents Small Business Grant Assistance for Victorian small businesses impacted by coronavirus (COVID-19) As part of the Victorian Government’s $1.7 billion Economical Survival Package, the $500 million Business Support Fund has been launched to help small businesses survive the impacts of the coronavirus (COVID-19) pandemic and keep people in work. Potential value… Continue reading Small Business Grant

Back to Blog Contents JobKeeper Payment Supporting businesses to retain jobs and stay in business The economic impacts of the Coronavirus pose significant challenges for many businesses – many of which are struggling to retain their employees. Under the JobKeeper Payment, businesses significantly impacted by the Coronavirus outbreak will be able to access a subsidy… Continue reading JobKeeper Payment​

Back to Blog Contents Navigating this difficult crisis Key tips and facts These are indeed unprecedented times with a health crisis which has significantly impacted our economy and way of life.   As you know the information, announcements and all sort of stimulus packages etc are being released fast – the amount of information to process and… Continue reading Navigating this difficult crisis