Road to Recovery? Budget 2020-21 Update The 2020-21 Federal Budget is a road to recovery paved with cash. Key initiatives include: • Personal income tax cuts from 1 July 2020 • A $4 billion ‘JobMaker’ Hiring Credit to encourage businesses to take on additional...
JobKeeper from 28 September 2020 The first tranche of JobKeeper ended on 27 September 2020. Those needing further support will need to reassess their eligibility and prove an actual decline in turnover. To receive JobKeeper from 28 September 2020, eligible employers...
JobKeeper: The Next Steps The first tranche of JobKeeper ended on 27 September 2020. We look at the issues for those seeking to qualify for the second tranche of JobKeeper and for those no longer eligible. Wrapping up JobKeeper If your business is no longer eligible...
In case you missed it: ATO reveals everything you need to know about JobKeeper 2.1 With JobKeeper due to end on 28 September, find out whether you qualify for the extension and what steps you need to take next. ATO Deputy Commissioner James O’Halloran, Australian...
Legislative instruments on JobKeeper extension Both the Treasurer and ATO Commissioner have registered a number of new legislative instruments on the extension of the JobKeeper payments scheme, with detail on: Codification of the JobKeeper extension through to 28...
The Commissioner of Taxation has now released the updated alternative decline in turnover tests for the JobKeeper extension. The Coronavirus Economic Response Package (Payments and Benefits) Alternative Decline in Turnover Test Rules (No. 2) 2020 legislative...
