August 2020 Newsletter
Small Business Tips: Navigating COVID19
Running a small business can be difficult at the best of times. It takes organisation, management and delegation to achieve the best practice for you, your clients and your employees...
Federal Government releases economic update
On 23 July 2020, Federal Treasurer Josh Frydenberg released the Economic and Fiscal Update July 2020, outlining the key COVID-19 policy response measures...
Instant asset write-off further extended
If you’ve purchased assets for your business, remember that you may be eligible to claim an immediate deduction in your 2019–2020 and 2020–2021 tax returns...
JobKeeper extended, with changes
The Government has announced that JobKeeper payments will continue for six months beyond the legislated finish date of 27 September 2020...
ATO alert on fraudulence and non-compliance: COVID-19 measures
The ATO is on the look-out for fraudulent schemes designed to take advantage of the Government’s COVID-19 stimulus measures...
Top tax time myths for 2020 that slow down returns
The ATO has published a list of common mistakes and misconceptions taxpayers have around tax time...
Working from home deductions: 'shortcut' rate extended
The ATO has extended, from 30 June 2020 to at least 30 September 2020, the 'shortcut' rate for claiming work-from-home running expenses.