Small businesses who employ apprentice’s or trainee’s may be eligible for a wage subsidy of 50%.
Our office will be closed from 1pm on 22 December 2020 and will reopen at 8.30am on 6 January 2021.
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.