News

Work from home shortcut extended as tax deadline looms

- October 29, 2020 3 MIN READ

The Australian Taxation Office (ATO) is urging Australians to lodge their tax returns or register with a tax agent as the final week to lodge a tax return for the 2019-2020 financial year draws to a close. The ATO is encouraging Aussies to take advantage of their myTax service to file,  as much of the… Read more »

News

Ombudsman calls for small business to act before super amnesty ends

- July 27, 2020 < 1 MIN READ

The Australian Small Business and Family Enterprise Ombudsman Kate Carnell is reminding small businesses they have until September 7, 2020, to declare any errors in superannuation payments to staff, without facing harsh penalties. “This applies to the superannuation guarantee amnesty legislation passed from 1 July 1992 to 31 March 2018,” Ms Carnell says. “Small businesses… Read more »

cash flow boost
News

Small businesses eligible for up to $100k cash boost

- July 23, 2020 2 MIN READ

If your small business has been diligently collecting taxes for your staff’s salary or wages, the good news is you could be eligible to receive up to $100,000 in refunds from the Australian Tax Office (ATO) on the tax withheld, The ATO says the temporary cash flow boosts will support small and medium businesses and… Read more »

News

ATO’s Melbourne Call Centre confirms two COVID-19 cases.

- July 17, 2020 < 1 MIN READ

According to the ABC ,the  Australian Tax Office call centre operated by Serco in Melbourne’s Box Hill was closed for deep cleaning on Thrusday following the diagnoses of two staff members with COVID-19. In an email obtained by ABC, the call centre manager Bill Kanellis confirmed the positive diagnoses and said 300 staff members had… Read more »

News

Tax debt crisis predicted when government subsidies shut off

- July 15, 2020 2 MIN READ

Australia’s small businesses will struggle to pay their tax debts according to a recent survey.  The research by money.com.au found a majority of Australian businesses were already struggling to meet tax obligations pre-COVID-19 with 25 per cent not having the cash on hand to pay debts. Now with lockdown and restrictions impacting trade, it is… Read more »

ATO
News

The COVID-19 tax relief measures small businesses need to know

- June 30, 2020 2 MIN READ

With tax just time around the corner, small businesses need to get aware of relief measures available to help them survive the COVID-19 economic crisis. “There’s no doubt businesses are concerned about upcoming tax deadlines in this economic crisis,” Chartered Accountants Australia and New Zealand’s (CA ANZ) Australian Tax Leader, Michael Croker said. “The Australian… Read more »

Features

Need help? Here’s how government is supporting business through COVID-19

- March 24, 2020 3 MIN READ

The government has announced a range of support services for businesses impacted by the COVID-19 epidemic. However many small business owners are struggling to understand what help they can get. Here’s the lowdown. Boosting cashflow The government is offering temporary cashflow support to small businesses by offering employers a payment equal to 100 per cent… Read more »

ATO
News

ATO offers support to businesses affected by COVID-19

- March 12, 2020 2 MIN READ

The Australian Taxation Office (ATO) will implement a series of administrative measures to assist Australians experiencing financial difficulty as a result of the COVID-19 outbreak. Commissioner of Taxation Chris Jordan is encouraging businesses impacted by the coronavirus to get in touch with the ATO to discuss relief options. “We know that many businesses and communities… Read more »