Author Archives for wybenga_admin

Payroll Tax 2020 concessions and JobKeeper

July 29, 2020 12:00 am Published by Comments Off on Payroll Tax 2020 concessions and JobKeeper

 

Employers subject to payroll tax will generally benefit from an expected relaxation of payroll tax by all states & Territories.

 


Work Related expenses – 2020

July 28, 2020 12:00 am Published by Comments Off on Work Related expenses – 2020

Although the coronavirus lockdown has changed the work habits of many taxpayers, the fundamental tax claims for 2020 apply the same old tax principles.


Extra Tools & Resources for our clients.

July 21, 2020 12:00 am Published by Comments Off on Extra Tools & Resources for our clients.

Over time we have supplied our clients with a growing collection of tools and resources to help in areas such as COVID-19 relief updates, articles on tax changes and updates, articles to help understand economic changes, calculators for all financial needs, and videos to help you and your family learn more about financial matters.  We hope you enjoy these 'extras' and if you have any question then simply ask. *


Home Office Claims 2020

July 14, 2020 12:00 am Published by Comments Off on Home Office Claims 2020

The coronavirus lockdown has meant many taxpayers are working from home for the first time.  A special shortcut method just introduced means there are three methods to claim in the 2020 income tax return.


Early release of super sees ‘high take-up’

July 11, 2020 12:00 am Published by Comments Off on Early release of super sees ‘high take-up’

A recent research report has predicted that close to 2.5 million Australians are likely to access early release payments from super before 30 June. However, the number of SMSFs applying for early release payments is expected to be low.


Tax time 2020: ATO homes in on rental deduction claims

July 7, 2020 12:00 am Published by Comments Off on Tax time 2020: ATO homes in on rental deduction claims

Rental deduction hotspots for this tax time have now been identified by the ATO as it anticipates a change in claims because of COVID-19 and recent natural disasters.


ATO announces Div 7A COVID-19 assistance

July 3, 2020 12:00 am Published by Comments Off on ATO announces Div 7A COVID-19 assistance

Taxpayers affected by COVID-19 will now be able to request for an extension of time to meet the minimum yearly repayment on complying Division 7A loans.