The Australian Federal Government has recently announced an extension to the JobKeeper scheme which will effectively extend the scheme for a further six months until 28 March 2021. Key points to note are: The existing JobKeeper rules will continue to apply as originally introduced until 27 September 2020. The JobKeeper Extension will apply for an additional 6Read more
Recently announced by the Australian Taxation Office is a remodel to a concept many taxpayers will already be familiar with; Home office running costs. Its purpose is to simplify and increase a taxpayers right to a deduction for working from home as result of the COVID-19 virus while performing genuine work duties. The changesRead more
07 April 2020 – A summary of the Prime Ministers announcement for Commercial Landlords and Tenants. How does the code work? The code will be mandatory, and includes the following set of principles: Landlords must not terminate the lease or draw on tenant security; Tenants must honour the lease; Landlords will be required to reduce rentRead more
SEE THE LATEST UPDATES HERE ARE YOU PREPARED? As we all face the future uncertainty of the health and financial impact of COVID-19 we have taken the opportunity to provide some guidance on how you can best prepare financially. Review your cash flow forecast and budgets and prepare a worst case scenario out until 31 December.Read more
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