JobMaker is a credit available to eligible businesses for hiring additional employees (not if you are merely replacing someone who left).
Now, more than ever, business operators should have a plan in place to manage during uncertain times.
We always knew that a Government scheme swiftly distributing cash during a crisis was going to come with equally swift compliance and review measures, particularly when eligibility was self-assessed.
In Australia, around 34 million gift cards are sold each year with an estimated value of $2.5 billion.
For a while now, the Australian Taxation Office (ATO) has been concerned about tax deductions individuals have been claiming for a whole host of expenses. The latest on their ‘hit list’ are home office expenses.
As the bilateral trade war between the US and China heats up, Australia is caught between its cultural and military ties to the US and its strong economic relationship with China.
The Government has moved to put an end to ‘eternal students’ who constantly study and never earn an income and speed up the payment cycle for those with outstanding debt.
Stimulating investment is high on the Government’s agenda.
The Government has stepped in to prevent a wave of insolvencies when the COVID-19 support measures run their course in December 2020.
The first tranche of JobKeeper ended on 27 September 2020.