New Land Tax Thresholds – COVID-19 debt – land tax surcharge Landholdings between $50,000 and $100,000 will have to pay an extra $500 annual fee on top of the increased land tax levy. Landholdings between $100,000 to $300,000 will pay an extra $975 annual fee on top of the increased
JK1 Finished on the 27th September (JK) 1 finished on the 27th September so all payments for JK 1, Fortnight 13 need to be paid by 27th September and then make the Monthly Declaration by 14th October to receive the September JK1 Subsidy of $1,500 per fortnight per employee. JK2
Urgent JobKeeper action required forNew Employees by Monday 24th August 2020 The Government has amended the JobKeeper rules to allow more employees to qualify for the JobKeeper payment. This is achieved by extending the eligible employee test to also include eligible employees who were employed on 1 July 2020 (in addition
Frequently asked tax questions for rentalproperties affected by COVID-19 My tenants are not paying their full rent or have temporarily stopped paying rent because their income has been adversely affected by COVID-19. Can I still claim deductions on my rental property expenses? The simple answer is Yes If tenants are
The best tax breaks for small business is the instant asset write-off, a great way for your business to purchase capital assets and get an immediate tax deduction. As part of the COVID-19 Coronavirus Stimulus Package, the instant asset write off threshold has increased from $30,000 to $150,000 (net of
Job Keeper Payment Overview Support for Employers to keep employees on the books! Employer Register Now for Jobkeeper The Job Keeper Payment will provide a flat $1,500 a fortnight per employee for businesses to retain or rehire nearly six million workers.Businesses that experience a 30% drop in turnover since the
Income support for individuals & Sole Traders Over the next six months, the Government is temporarily expanding eligibility to income support payments and establishing a new, time-limited Coronavirus supplement to be paid at a rate of $550 per fortnight. This will be paid to both existing and new recipients of
Low Income Australian The Australian Government will provide financial assistance to around 6.5 million lower-income Australians in response to the Coronavirus. One-off payments of $750 will be paid to around 6.5 million lower-income Australians, including pensioners, other social security and veteran income support recipients and eligible concession cardholders. This is to
