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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 Business Grants for Melbourne Businesses The City of Melbourne is offering the following grants: Up to $5K for investing on online and e-commerce activities Up to […]

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During the COVID-19 period, the ATO is providing the following deferral concessions to small businesses affected by Corona Virus. Please note, these initiatives are not automatically applied to your tax accounts. You must either contact the ATO to discuss your situation or ask your accountant and/or your tax professional to speak to the ATO on […]

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Coronavirus (COVID-19) has brought with it great uncertainty and worry amongst the general population, not the least of these, employers and staff.

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Back in May 2018 the first iteration of a law for an amnesty on unpaid historical superannuation was announced, but due to the calling of the Federal election at the time, it did not pass. A second iteration of the law, known as the “Recovering Unpaid Superannuation” Bill, was launched in September 2019. This second […]

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As a tip, your Software Provider is “KeyPay”, not QBO! Also, your Software ID number is shown on the Electronic Lodgement page. While you can call the ATO as above, the easiest way to update the ATO with your STP details is via Access Manager.

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“There are no special settings that you need to enable STP in Saasu. It will be available on all files and the authentication with the ATO is done behind the scenes.”

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