December 2020

December 2020

Extended December JobKeeper deadlines The ATO has extended the JobKeeper monthly business declaration deadline for the month of December until 28 January 2021 (from 14 Jan 2021).  This applies to the JobKeeper fortnights ending on 6 December 2020 and 20 December 2020....
November 2020

November 2020

JobMaker Hiring Credits: What We Know So Far What is JobMaker? JobMaker is a credit available to eligible businesses for hiring additional employees (not if you are merely replacing someone who left). The hiring credit is available for jobs created from 7 October 2020...
October 2020

October 2020

JobKeeper: The next steps The first tranche of JobKeeper ended on 27 September 2020. We look at the issues for those seeking to qualify for the second tranche of JobKeeper and for those no longer eligible. Wrapping up JobKeeper If your business is no longer eligible...
September 2020 news

September 2020 news

Has COVID-19 devalued your business? If you are selling your business, merging, acquiring, or inviting in new investors, you need to understand the value of your business. But, to what degree does the pandemic impact on value? Should you discount or hold firm to pre...
August 2020

August 2020

  What now? Where to get help if you need it   JobKeeper 3.0 On 21 July 2020, the Government announced an extension to its JobKeeper scheme which we wrote about in our previous post – JobKeeper 2.0. As we started to grapple with the new rules and...
July 2020

July 2020

The ATO on COVID-19 fraud warpath   We always knew that a Government scheme swiftly distributing cash during a crisis was going to come with equally swift compliance and review measures, particularly when eligibility was self-assessed. Two major Australian...