Entries by admin

ATO New Work From Home Rules COVID-19

The ATO has just announced a relaxation to the normal working from home rules and introduced a new 80 cent per hour fixed rate to cover ALL deductions. There are now three ways you can choose to calculate your additional running expenses: 1. Shortcut method ─ claim a rate of 80 cents per work hour […]

COVID-19 Cashflow Assistance For Business

Further to the brief introduction to this measure mentioned in this post, here are more details about Australian Government’s Cashflow assistance for businesses. The key qualifying measure for this one is that organisations must employ people. If your organisation don’t employ anyone, you won’t quality for this measure. Payments available: The government will provide tax-free […]

Coronavirus Stimulus -Jobkeeper Payment

As mentioned in the previous post: Business impacted by the Coronavirus will be able to access a subsidy from the government to continue to pay their employees. An affected employer will be able to claim $1500 per fortnight per eligible employee from 30 March 2020 for a maxiam period of 6 months. The subsidy will […]

Australian Coronavirus Stimulus Package 2020

The Federal Government is making available access to the Jobseeker Payment (which now includes the former “Sickness Benefit”) for those who are over 22 and under pension age and unable to earn because of mandatory isolation due to Covid-19. There is an income test on households, which has been increased to $79,762 per annum, and […]