Author Archives for wybenga_admin

ATO clarifies COVID-19 rent relief concerns

April 12, 2020 12:00 am Published by Comments Off on ATO clarifies COVID-19 rent relief concerns

The Australian Taxation Office has responded to widespread concerns on whether SMSF landlords providing rent relief to tenants due to the financial impacts of the novel coronavirus is a contravention of the SIS Act.


Historic $130bn wage subsidy to cover 6 million workers

April 5, 2020 12:00 am Published by Comments Off on Historic $130bn wage subsidy to cover 6 million workers

Prime Minister Scott Morrison has now unveiled an extraordinary $130 billion wage subsidy which will see businesses receive $1,500 a fortnight per employee for the next six months.


Covid-19 Update – Small Business

March 31, 2020 12:00 am Published by Comments Off on Covid-19 Update – Small Business

Small businesses will be the hardest hit by the ramifications of Covid-19.  The following is more information to help small business owners better understand some of the business support that's now available.


PM launches $17.6 billion virus stimulus plan

March 30, 2020 12:00 am Published by Comments Off on PM launches $17.6 billion virus stimulus plan

The Prime Minister has announced a stimulus plan to curb the economic impact of the coronavirus and keep “Australians in jobs and businesses in business”. 


SG amnesty bill passes Parliament

March 29, 2020 12:00 am Published by Comments Off on SG amnesty bill passes Parliament

The long-awaited superannuation guarantee amnesty bill has now passed both houses, with employers set to get six months to disclose historical non-compliance before tougher penalties apply.


ATO flags most common SMSF return mistakes

March 27, 2020 12:00 am Published by Comments Off on ATO flags most common SMSF return mistakes

The Australian Taxation Office has revealed the top five most frequent errors made in the submission of SMSF annual returns as well as how advisers can avoid them when lodging this year.