The ATO has been flooded with complaints linked to the abuse of the JobKeeper program, with employers found guilty of deliberately rorting the system, facing penalties of up to $126,000 or up to 10 years in prison.
Businesses will be able to claim accelerated depreciation on new assets for the remainder of the year under the latest extension to the $150,000 instant asset write-off program.
Leading into tax time online scammers are ramping up their criminal activity often impersonating the ATO however this year they are using the spread of COVID-19 to take advantage of people across Australia.
The Committee for Mornington Peninsula has been proactive in providing local businesses support & advice during COVID-19. With restrictions beginning to lift, now is a great time to focus on the future and stay positive.
The Victorian government announced back in March 2020 a $10,000 grant available to businesses who turn over more than $75,000, have employees and their total payroll is under $650,000.
After much anticipation and hype from the media over the course of the week, the National Cabinet has provided a light at the end of the tunnel with a three-stage plan to support a COVID safe economy to reopen for July.
Initial guidance has been released by the ATO providing clarity on the application process for the JobKeeper Payment. Our team have summarised the information for you in a helpful Fact Sheet & two Instructional Videos.
Our friends from Vanguard share the top 3 online meeting tools used by businesses to stay connected with their customers and / or clients during COVID-19.
The JobKeeper Payment successfully passed through legislation on Wednesday 8th April. Our team have summarised the information provided by the Government for you in these helpful Fact Sheets.
