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A new legislative instrument has been released which has extended the services BAS Agents can provide to clients in relation to the super guarantee charge. BAS Agents have been able to assist clients with superannuation tasks for approximately 2 years now, but this instrument improves on the current situation.

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JobKeeper 2.0 will see the introduction of two tiers of payment in both extension 1 & 2. The higher of the two payments, tier 1, will be for employees who worked 80 hours or more in the 4 weeks of pay periods before 1 March 2020 or 1 July 2020. Employees working less than 80 […]

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The JobKeeper program will be extended to 28 March 2021 for eligible businesses. JobKeeper 2.0 will be split into 2 extension periods being quarter 2 and quarter 3 of the 2020-21 financial year. Businesses will need to prove their decline in turnover again, even if they are currently receiving the payments as part of JobKeeper […]

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On 21 July 2020, the Government announced changes to the JobKeeper program. It will be extended until 28 March 2021. Information about the extended program can be found here. Those receiving JobKeeper payments under the current program, will continue to do so until 27 September 2020. While the current program remains essentially the same, there […]

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Download a PDF copy including URL links here.

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To help employers retain and/or re-engage their staff during the COVID-19 pandemic, the government has introduced a new payment known now as JobKeeper. The fortnightly payments will be made directly to employers and will be for $1,500 before tax for each eligible employee for up to 6 months. Below is a summary of facts about […]

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This measure promises to “refund” the PAYG withholding reported on the BAS or IAS by employers back into their integrated client accounts (ICA) as an offset against any existing BAS/IAS debt. To be clear, this is not a supply of cash to employers into their banks.

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The JobSeeker payment will be delivered by Centrelink, now known as Services Australia. It is a new payment designed to assist those who have lost their jobs or had had their income reduced due to the COVID-19 pandemic. Here are the details about this payment: To be eligible, you must be between 22 and Age […]

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During the Corona Virus pandemic, the following states have decided to either waive or defer payments of payroll tax. See below for further information. VICTORIA For those businesses with a payroll of less than $3M, payroll tax for the whole 2019-20 financial year will be waived. Also on offer is a deferral of payroll tax […]

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The following grants are on offer for businesses affected by Corona Virus restrictions. VIC Victorian Government Support Potential funding of $10K per business is available via application here: https://bit.ly/2S6ghoW Sole Trader Support Fund – for non-employing sole traders to help their transition to COVID normal. Apply here: https://bit.ly/3iaiaen Outdoor Eating and Entertainment Package Business Grants […]

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