The following links are to the latest state and federal government plans, schemes, programs, and initiatives to help businesses and individuals manage the impact of yet more COVID-19 restrictions.       FEDERAL GOVERNMENT ht...

  Businesses that didn’t previously receive JobKeeper will now be eligible for loans of up to $5 million under the scheme, which will be made available through select lenders until 31 December.     Treasurer Josh Frydenberg on Wednesday...

  Victoria endures its sixth lockdown as the state's cases grow; NSW records 1,281 new local COVID-19 cases and three deaths. Lockdowns to be eased once 70% of the population is double vaccinated against COVID-19 yet today some 60% of Austral...

Since its introduction, a number of taxpayers have fallen foul of the ATO in its administration of the research and development (R&D) tax incentive scheme under the Income Tax Assessment Act 1997 (Cth) (ITAA) for failing to have claimed an offset...

  The latest round of employment data shows the unemployment rate fell by 0.3 of a percentage point to 4.6 per cent through July. But the 12-year low might not signify labour market strength, experts say.     New employment data release...

  Most new employees are eligible to choose the super fund you pay their super guarantee contributions to.     Currently, when a new employee doesn’t choose their own super fund, you must pay super contributions into your default fund. ...

  A surge in first-time investors trading shares and exchange-traded funds (ETF) has prompted the ATO to issue a warning on share tax treatment and the behaviour that raises red flags.     The ATO on Monday warned young investors tradin...

Adding a slice of interesting trivia is a great way to offer something or those clients who don't want to read, and September is no exception.  What we add is great for trivia competitions, especially if you get to draft the questions.     ...

  A combination of information from the 13-7-21 and the 26-7-21.           Payroll tax update: All NSW businesses that have a payroll tax liability will now have the option of deferring lodgement and payment of their 2020–21 annual ...

  Prime Minister Scott Morrison has declared that COVID-19 disaster payments will now be tax-free, a policy change that will have ramifications for accountants and their clients, say tax experts.           Mr Morrison told ABC Radio on ...