Superannuation Changes from 1 July 2021, How to treat - JobKeeper handbacks, Professional Service Firms - treatment of profits under fire.
JobKeeper - will you need to return it, COVID-19 Vaccinations and the Workplace, FBT 2021
How to sell your business, the FINAL stage of JobKeeper, and Simplifying small business insolvency
The JobMaker Hiring Credit - are you an eligible employer, which new employees are eligible and what tests need to be passed, in order to receive JobMaker.
2021 Risks Opportunities, extended December JobKeeper deadlines, first JobMaker deadlines looming and your last chance to access COVID-19 Early Access to Super.
JobMaker Hiring Credits: What We Know So Far, Tax deductions for investing in your business, Refunds for Tax Losses, PAYG Tax table reminder, JobKeeper clawback begins, APRA reveals $34.4bn super early release
The 2020-21 Federal Budget is a road to recovery paved with cash. Key initiatives include: 1) Personal income tax cuts from 1 July 2020 2) A $4 billion JobMaker Hiring Credit to encourage businesses to take on additional employees aged 16 to 35 years old 3) $110 billion in infrastructure investment over 10 years 4) Immediate deductions for business investment in capital assets 5) Changes to how companies can manage losses 6) Access to generous tax concessions for a wider range of businesses.
Our October newsletter give a brief outline of JobKeeper: The next steps and what the government has done in Preventing a Tsunami of Insolvencies post COVID-19 support measures.
Is my business eligible? Am I and or my employees eligible? What JobKeeper rate applies? If my business doesn't satisfy the initial Decline in Turnover test, what can I do?
Is my business eligible? Am I andor my employees eligible? 3.What JobKeeper rate applies?