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Without doubt, the first half of 2020 has been a deep challenge for so many of us, as we approach the half-way mark, end of the financial year is now upon us, which means that individuals and business owners need to finalise tax planning and also check-in that they are in a good place with various stimulus programs from state and federal governments.
In this month's client update, we look at EOFY planning strategies, provide an update on JobKeeper and the Morrison governments latest Homebuilder stimulus package, and we look at what is changing as we approach a new financial year.
As always, if you have any queries, contact our team on 9957 4033.
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As the end of the Financial Year draws close, ensure you're talking to your accountant about strategies for EOFY and ahead to 2021. |
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The ATO's Jobkeeper Audit Targets As Jobkeeper moves past the eligibility requirements and into its compliance phase, the ATO has released its guidance on where it will focus its compliance resources. |
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HomeBuilder: What is it and How do You Access it? The Government has announced grants of $25,000 to encourage people to build a new home or substantially renovate their existing home. |
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Have Casual Workers Been Granted Annual Leave? News headlines recently stated that casual workers have won the right to paid leave following a decision in the Federal Court. As usual, the devil is in the detail |
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1 July Company Tax Rate Reduction As the end of the Financial Year draws close, ensure you're talking to your accountant about strategies for EOFY and ahead to 2021. |
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Here's a quick summary of all changes that will be happening from 1 July 2020. |
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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.
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