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The first anniversary of WHO's declaration of the coronavirus pandemic passed on March 11 and this month, we're looking at how COVID has impacted FBT, productivity, and potentially permanent establishment.

We're also looking at the reasons some Australian companies are returning JobKeeper payments and an important change to director resignation legislation.

As always, if you have any queries, contact our team on 9957 4033.

	FBT 2021: Tax & employee benefits FBT is one of Australia's most disliked taxes because of its cumbersome and paper-work heavy nature. Covid just made things a little more complex with the change of work patterns and staff behaviours.
	The pandemic productivity gap How organisations manage scares time, talent, and energy of their workforces before covid-19 has shown to be a key driver in why some have fared better during the pandemic.
	COVID-19 vaccinations and the workplace There are plenty of good reasons to get vaccinated against covid-19, however the issues of rights and enforcement are still points of contention.
	Why are some businesses returning Jobkeeper to the ATO? Some businesses are returning jobkeeper thanks to better than expected results despite covid-19.
	COVID-19 and permanent establishments The ATO has provided additional guidances for non-resident companies with employees caught by australia's covid-19 travel restrictions.
	Change to director resignations Company directors need to be aware of new laws that impact the timing of resignations and the ability to resign
	ATO's shift to digital delivery of notifications leaves accountants out of the loop The ATO is temporarily returning to paper-based notices to your accountant to ensure they are kept in the notification loop while a new platform is developed.

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Disclaimer

This article is provided for information purposes only and correct at the time of publication. It should not be used in place of advice from your accountant. Please contact us on 02 9957 4033 to discuss your specific circumstances.