For decades, the consensus passed down by the generations before us haven’t deviated far from the “Golden Rule”, that the best thing you can do is save, save, save! Is this something that should continue to be pushed onto the coming generations?
Employers who provide various incentives or rewards to their employees for taking a Covid-19 vaccination may have income tax, superannuation and FBT obligations, depending on the nature of such arrangements.
The ATO has recently issued an alert, warning taxpayers against disguising undeclared foreign income as gifts or loans from related overseas entities, including family and friends.
The NSW JobSaver program will be tapered off when NSW reaches it’s vaccination targets. If you are receiving the JobSaver payment, you will need to continue to reconfirm your eligibility each fortnight to continue receiving payments
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