An online tool has been created by the National Covid-19 Coordination Commission (NCCC) to help businesses develop a plan to keep their workers, customers and community safe as they reopen or increase their activities in the weeks and months ahead.
Several tax changes apply in the 2019/20 income year. A brief summary is provided in this newsletter.
The Australian government has legislated a measure to boost cash flow for employers. However, the “payment” is not exactly a payment, which small to medium employers who intend to make this claim should be aware of.
The Australian Taxation Office has released its application for the early release of superannuation for individuals who have been impacted by Covid-19. An application of up to $10,000 can be submitted.
Client Portal
