JULY 2020 NEWSLETTER
Happy New Financial Year!
The July newsletter focuses on tax return lodgment tips, Instant Asset Write-off extension, cyber crime insurance, varying PAYG instalments and more.
Please refer to the attachment for further information and should you have any queries, please contact our office.
June 2020 Newsletter
JUNE 2020 NEWSLETTER
The June newsletter focuses on effective tax planning strategies, expatriates and tax implications, residential rental property deductions following the COVID-19 and more.
Please refer to the attachment for further information and should you have any queries, please contact our office.
ATO JobKeeper Phone Scams - COVID-19
JOBKEEPER PAYMENT PHONE SCAMS
The Australian Taxation Office has advised that they are receiving reports of scammers pretending to be from the ATO calling members of the public and asking them to provide their bank account details. They are telling them that their employer has registered them for the JobKeeper Payment but that the ATO needs their bank account details to deposit the funds into their account.
DO NOT PROVIDE THE INFORMATION REQUESTED.
Employees that are eligible for JobKeeper payments will be paid by their employer and the ATO will reimburse their employer for these payments. The ATO does not need the bank account details of individual employees. If you are not sure whether an ATO call is legitimate, hang up and phone the ATO on 1800 008 540 or our office (9842-1166) to check.
You can help stop scammers by warning your friends and family to stay alert.
May 2020 Newsletter
MAY 2020 NEWSLETTER
The May newsletter focuses on the COVID-19 answers to questions such as working from home deductions, JobKeeper scheme and an alternative turnover test, instant asset write-offs, early release from super and more.
Please refer to the attachment for further information and should you have any queries, please contact our office.
JOBKEEEPER PAYMENT GUIDES - CORONAVIRUS-19
Please refer to the JobKeeper Step by Step Guides attached for Sole Traders, Employers reporting through STP and Employers Not Reporting through STP.
Should you have any queries, please do not hesitate to contact our office via email or on (03) 9842-1166.
JobKeeper - Sole Trader
JobKeeper - Employers reporting through STP
JobKeeper - Employers Not reporting through STP
CODE OF CONDUCT - COMMERCIAL LEASING PRINCIPLES
NATIONAL CABINET MANDATORY CODE OF CONDUCT DURING COVID-19
Prime Minister Scott Morrison announced that commercial tenants in financial distress will receive rent reductions in the form of either waivers or deferrals to enable them to survive through the coronavirus pandemic.
Please refer to the attachment for further information and if you have any queries, please do not hesitate to contact our office.
ATO - Working From Home Tax Deductions
Please refer to the attachment in regards the Australian Taxation Office (ATO) announcing special arrangements this year due to COVID-19 to make it easier for people to claim deductions for working from home.
If you have any queries, please do not hesitate to contact our office.
