by Greenhalgh Pickard | Apr 16, 2020 | Articles
With more and more people working from home, the ATO has announced a temporary short cut method to make it easier for individual taxpayers to claim deductions for additional ‘at-home’ running expenses (please refer to the ATO’s Media Release of 7 April 2020). During...
by Greenhalgh Pickard | Apr 16, 2020 | Articles
SMSFs that own property are facing the prospect of tenants falling behind in their rent payments and their other obligations under the lease due to the economic stress arising from COVID-19. These times are somewhat unfamiliar to most trustees of Funds and have not...
by Greenhalgh Pickard | Apr 16, 2020 | Articles
The Federal Government recently announced it would allow those affected by COVID-19 to access some of their superannuation balances early. How much super can you access? Per the government’s stimulus package announcement – the full details of which can be...
by Greenhalgh Pickard | Mar 31, 2020 | Articles
Jobkeeper Payments Under the JobKeeper Payment, businesses impacted by the coronavirus will be able to access a subsidy from the Government to continue paying their employees. The subsidy will be paid through the tax system by applying to the ATO. Affected employers...
by Greenhalgh Pickard | Mar 25, 2020 | Articles
Responding to COVID-19 Crisis:...
by Greenhalgh Pickard | Mar 23, 2020 | Articles
Increasing the instant asset write-off The instant asset write-off allows a business to immediately write off and claim the value of an asset that does not exceed the current threshold. The Government is increasing the instant asset write-off threshold from $30,000 to...
