With Christmas just around the corner, many business owners are busy planning gifts and functions as a way to thank employees for their hard work during such a challenging year. We are often asked how Fringe Benefits Tax (FBT) and Income Tax deductions apply to benefits such as Christmas Parties, gifts and bonuses.
Applications for a refund of your payroll tax for July and August 2020 must be lodged by 30 October 2020.
The JobKeeper program has been extended until 28 March 2021.
The Taxable Payments Annual Report for the 2019/20 financial year is due on 28th August 2020.
Employers Act Now – one off opportunity to self-correct underpayment of super or super guarantee issues before tougher penalties apply.
Many residential rental property owners have had their rental income affected by COVID-19. As a result, you may be wondering what you can claim this tax time.
The Federal Government has announced a $130b JobKeeper payment to help keep more Australians in jobs and support businesses.
The Queensland Government has released a $4 billion relief package to support households, businesses and the health sector.
What possible risks could COVID 19 have on your business and how do you prepare for them?
For any discretionary trust that holds residential land in NSW, 31 December 2019 is a critical date for reviewing and potentially amending your Trust Deed.