Road to Recovery – Budget 2020-21
On 6 October 2020, the Federal Treasurer, Josh Frydenberg, delivered the Federal Budget for the 2020–2021 income year. The 2020-21 Federal Budget is a road to [...]
What is JobKeeper 2.0?
From 28 September 2020, the second tranche of the JobKeeper scheme changes the eligibility tests for employers and employees, and the method and amount paid [...]
2020 Tax Planning – What you need to know
The instant asset write-off Allows instant deductions for capital assets (up to $150,00 per item**) acquired prior to 30.06.2020. Pool balances under $150,000 at 30 [...]
COVID-19 work-from-home expense questions and CGT concerns
There are many questions being asked lately about claiming expenses when forced to work from home over the COVID-19 period - plus a lot of [...]
Snapshot: The JobKeeper Payment
The JobKeeper payment is a subsidy of $1,500 per fortnight per eligible employee paid in arrears to the employer by the ATO. It’s for businesses [...]
$1,500 JobKeeper subsidy to keep staff employed
Date · From 30 March 2020 for six months · For employees employed at and from 1 March 2020 · First payments in first [...]
Small Business Bushfire Support Grant
Do you have small business that has experienced a significant decline in revenue as a result of the NSW 2019-2020 bushfires (beginning in August 2019), [...]
The Second $66.1 bn Stimulus Package: What You Need To Know
The Government yesterday released a second, far reaching $66.1 bn stimulus package that boosts income support payments, introduces targeted changes to the superannuation rules, provides [...]
The Stimulus Package: What You Need To Know
The Government has announced a $17.6 billion investment package to support the economy as we brace for the impact of the Coronavirus. The yet to [...]
Business Valuation Services at Macquarie Business Accountants
Do you know what your business is worth? Or perhaps you are thinking of buying a business? The team at MBA are here to help. [...]