Employers that have fallen behind with their superannuation guarantee (SG) obligations will have 1to “self-correct” under a new amnesty.
The super guarantee (SG) amnesty is a one-off opportunity to correct past unpaid SG amounts. Employers have a six-month window, until 7 September 2020, to disclose, lodge and pay unpaid SG amounts for their employees.
Help for business JobKeeper 2.0 The Government has announced further changes to the JobKeeper scheme. The good news is that employees that missed out on JobKeeper because they were not employed on 1 March 2020 might now be eligible. The proposed changes would enable employees employed on 1 July 2020 to receive JobKeeper payments from … Read more
The Government has announced the $2.5bn JobTrainer package to retrain, upskill and open new job opportunities. JobTrainer for job seekers and school leavers An additional 340,700 training places will be created to provide no or low cost courses into sectors with job opportunities. The Government is working with the States and Territories to develop a … Read more
Will the Prime Minister’s targeted $250 million package of funding to support cultural and creative projects and initiatives save the industry? The arts funding is aimed at kick-starting the sector with funding preferencing commercial initiatives that generate jobs and are expected to have a positive economic impact. That is, this is an economic package as … Read more
Important reminders – Trust distributions The Template We Sent The template may mention of a Clause and any relevant schedules you may have to specifically mention. These are highlighted in the template by a red colour, this is where you check your Trusts Deed to enter the correct clause in regards to decisions being made … Read more
“…while it is all very well to talk of ‘turning points’, one can surely only recognise such moments in retrospect.” Kazuo Ishiguro, The Remains of the Day The JobKeeper subsidy has progressed beyond the rush for eligibility and entered its second phase: compliance. Late last month, the Australian Taxation Office (ATO) released guidance highlighting where … Read more
Trouble Shooting Google Meet So we hope we’re leading the way and making the switch to Google Meet with G-Suite. It’s not without any issues, like any software. Here is Google’s troubleshooting link here. It’s very detailed, to get started quickly follow the below. If it’s asking for you to sign in to a Gmail … Read more
We understand how hard it is to keep track of paying Employees, especially large teams, and working out who needs a top-up, who has or has not been paid enough to maintain JobKeeper eligibility. We’ve created this free Excel Template for you to track employees each fortnight simpler and easier for each fortnight. Part One … Read more
We’ve created the below video to help you navigate the updates for the JobKeeper Program now passed through the parliament. Watch this video on YouTube How fo you work out your fall in turn over? Watch this video on YouTube DOWNLOAD TEMPLATES Employee Checklist Employee Confirmation A Checklist to track who has or has not … Read more
Hang in there We’ve designed this guide as a quick reference to the COVID-19 related tax and financial support that might be available to you. It’s quiet comprehensive, but care needs to be taken and you should consult your accountant when making decisions. The Government has flagged that more support is coming and we will keep … Read more
