The JobKeeper subsidy has progressed beyond the rush for eligibility and entered its second phase: compliance. Late last month, the Australian Taxation Office (ATO) released guidance highlighting where the regulator will focus its compliance resources.

Financial Accounting, TaxationJPR BUSINESS GROUP1 June 2020jobkeeper payment, JobKeeper, Taxation, business, small business

What's changing on 1 July

As we approach the end of the financial year, we thought we'd update you on what's changing from 1 July 2020

Financial Accounting, Superannuation, TaxationJPR BUSINESS GROUP1 June 2020end of financial year, new financial year, ATO, instant tax write-off, superannuation

Covid-19 Business Support and Financial Assistance Finder

The Victorian Government has released the Covid-19 (Coronavirus) Business Support and Financial Assistance Finder online.

Financial Accounting, Taxation, InvestmentJPR BUSINESS GROUP30 April 2020coronavirus, covid-19, business, business assistance, financial advice, government assistance

Working from home and the new government 'shortcut' method

Last week the government announced special arrangements this year with regard to completing your individual tax return and taking account of the current working from home measures. This will make it easier for people to claim working from home deductions.

TaxationJPR BUSINESS GROUP15 April 2020working from home, home office expenses, home office claims, coronavirus, covid-19, Taxation, tax deductions

The Covid-19 Stimulus and Support Measures

We’ve designed this guide as a quick reference to the COVID-19 related tax and financial support that might be available to you.

The stimulus and support packages help, but there are gaps and they will not return most adversely impacted businesses or people back to their pre-pandemic position. It will all take time.

Taxation, Financial AccountingJPR BUSINESS GROUP15 April 2020business, covid-19, coro, stimulus package, ATO, Taxation, jobkeeper payment, JobKeeper

FBT hot spots

With the start of the Fringe Benefits Tax year looming on 1 April, businesses are being urged to review their Fringe Benefits Tax (FBT) position.

Taxation, Financial AccountingJPR BUSINESS GROUP11 March 2020fbt, Fringe benefit tax, Taxation, business

How to get your payroll right

Complex award and enterprise agreements can complicate payroll obligations, in terms of both regular salary and wages and the ongoing need to pay employee superannuation. On top of that, from 1 March 2020, changes commence for annualised wage arrangements that will increase the compliance burden on some businesses.

Corporate Secretarial, Financial Accounting, New Business, Superannuation, TaxationJPR BUSINESS GROUP11 March 2020workplace relations, employment law, payroll, single touch payroll, superannuation guarantee, superannuation, small business

New workplace award rules coming into force on March 1

All employers with employees on fixed annual salaries are now on notice about new award rules coming into force on March 1st.

Corporate Secretarial, Financial Accounting, New Business, Superannuation, TaxationJPR BUSINESS GROUP20 February 2020fairwork commission, employment law, wages, salary, award wage, employment

Support and assistance if you have been affected by the bushfires

Ten million hectares, lives lost, wildlife on the brink, billions in lost revenue and clean-up costs. For many, returning life to normal is a long way off this summer. We summarise the help available to those impacted by the bushfires.

Community, TaxationJPR BUSINESS GROUP6 February 2020bushfire crisis, bushfire tax relief, australian bushfires, bushfire recovery

Lifestyle assets new target of the ATO

The ATO has requested insurance policy information from 30 insurers for lifestyle assets such as yachts, thoroughbred horses, and fine arts.

Taxation, Financial AccountingJPR BUSINESS GROUP3 February 2020taxation, tax, insurance, ATO