What is BAS? Every business with a turnover of $75,000 or more is required to register for GST and is required to lodge a business activity statement (BAS) to report its: goods and services tax (GST) pay as you go...
READ MOREHighlights: Tax return and fixed-rate deductions announced by Australia for WFH employeesHousehold essentials and occupancy costs not includedSpecial relief of $1,080 to affected workers The crunch of Covid-19 has brought good news for Australian taxpayers. They will now get greater...
READ MORENews Highlights: Special tax deductions for Australian WFH workforce working from 1st March, 202052 cents claim for employees working from the beginningSpecial helpline introduced by ATO Good news for Australian work from home employees! The Australian Taxation Office has implemented...
READ MOREThe federal government’s $130 billion jobkeeper wage subsidy is designed to hedge the impact of the Covid19 pandemic. The scheme is an incentive for businesses to retain employees so they can bounce back quickly once the pandemic is over. So...
READ MOREHas your business been affected by the Coronavirus pandemic? If so, there is some good news. The Federal government has provided a fiscal support package of $189 billion for economic support against coronavirus; or ‘coronomics’ as some call it. Some...
READ MORE