The Australian Taxation office (ATO) have a known error where some March 2020 Monthly and January-March 2020 Quarterly Activity Statement’s have been discontinued. This appears to be only for some businesses. We have been advised by the ATO that this is a known error and at this stage there is No Resolution. The ATO have […]
Due to the spread of the highly contagious Coronavirus (Covid-10) our offices are now operating remotely. We encourage all clients to contact us via digital methods where possible. All client managers will still be available via phone and email. Documents will need to electronically signed or returned via email, if this is not possible then […]
The Federal Government has announced a $130 billion JobKeeper Payment initiative, aimed at supporting employers to retain their workforce while managing through the commercial disruption of Covid-19. This is expected to pass parliament in the coming days. This latest announcement revealed that, commencing 30 March 2020, the government will provide $1,500 per fortnight per […]
The NSW Government Stimulus package includes the following; 1.) REDUCTION IN PAYROLL TAX FOR BUSINESSES Payroll tax customers whose total grouped Australian wages for the 2019-20 financial year are no more than $10 million will have their annual tax liability reduced by 25% when they lodge their annual reconciliation, which is due on 28 July […]
The Victorian State Government Economic Survival Package includes the following; 1.) PAYROLL TAX REFUND The Victorian Government will provide full payroll tax refunds for the 2019-20 financial year to small and medium-sized businesses with payroll of less than $3 million. Payments will start flowing next week and this assistance is a refund, not a loan. […]
On 22 March 2020 the Federal Government Second stimulus package was released in response to coronavirus, with new measures to provide support payments to lower income Australians and individuals and businesses most affected. This includes: 1.) CORONAVIRUS SUPPLEMENT; There will be an expansion to the eligibility of income support payments and the establishment of a […]
The Festival Wall is an exciting collaboration between the Shepparton Arts Festival, Stubbs Wallace and the students from secondary schools in Greater Shepparton. Asking students to respond to the festival theme EVOLVE this outdoor temporary art space is where local and emerging artist can be supported, commissioned and curated as part of the Festival program. […]
The Australian Federal Government has announced a $17.6 billion stimulus package to counter any economic downfall that may be caused by COVID-19 (coronavirus), which is expected to be passed through parliament next week. The measures have the potential to provide significant cash flow to business taxpayers in the short term, funded predominantly through the tax […]
The superannuation guarantee amnesty bill passed Parliament on 24 February 2020 and has now received Royal Assent and is law. This law change provides a number of incentives for employers to pay any unpaid historical superannuation guarantee (SG) amounts relating to the period 1 July 1992 to 31 March 2018. Superannuation guarantee amnesty benefits Provided […]
From 1 April 2020 the commissioner of taxation will be able to hold directors personally liable for their company’s GST liabilities, Luxury car tax and wine equalisation tax. The Director Penalty Notice (DPN) for a company’s unpaid Pay as You Go withholding (PAYG) and superannuation guarantee liabilities are already law. It is important for all […]