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paperless

Paper PAYG and GST quarterly instalment notices

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The ATO has previously advised that it will no longer issue paper activity statements after electronic lodgment.  Instead, electronic activity statements will be available for access online, three to four days after the activity statement is generated. As part of…
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How to avoid getting dodgy advice

How To Avoid Getting Dodgy Advice

folder_openCOVID-19 Economic Response
The ATO is warning taxpayers who may be thinking about pausing, changing or closing their business, due to the current economic conditions, to be wary of untrustworthy advisers who may recommend inappropriate or illegal behaviour. This could include illegal phoenix…
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JobMaker Hiring Credit passed

JobMaker Hiring Credit Passed

folder_openCOVID-19 Economic Response
The government has passed legislation to establish the JobMaker Hiring Credit, which is part of the government’s economic response to the COVID-19 pandemic. The JobMaker Hiring Credit is specifically designed to encourage businesses to take on additional young employees and…
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Tax Treatment of JobKeeper Payments

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Broadly, JobKeeper Payments received by an employer are assessable income to the employer. Likewise, the payments an employer subsequently makes to an employee that are funded (in whole or in part by the JobKeeper Payment) are generally allowable deductions to…
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