Stay safe over Christmas
Stay safe over Christmas
The ACCC’s Scamwatch has reported that losses to online shopping scams have increased 42 per cent this year, and they are warning Australians to be careful over the Christmas and holiday period.
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Have you paid your Superannuation Guarantee Contributions for the September 2020 Quarter?
Have you paid your Superannuation Guarantee Contributions for the September 2020 Quarter?
Superannuation Guarantee Contributions for Quarter Ended 30 September 2020 are due by 28 October 2020. If you are an employer or are responsible for managing employee superannuation contributions, we wish to remind you to pay staff superannuation guarantee contributions for the quarter ended 30th September 2020 BEFORE 28th October 2020 or you can be liable for penalties. When arranging payment […]
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2020-2021 Federal Budget: Taxation and Accounting Overview
2020-2021 Federal Budget: Taxation and Accounting Overview
The Federal Treasurer, Mr Josh Frydenberg, handed down the 2020-21 Federal Budget at 7:30 pm (AEDT) on 6 October 2020. Below we have provided a taxation and accounting overview of the changes outlined in the Budget. “Australia’s economic response to the COVID-19 pandemic in the form of the original and extended JobKeeper scheme, the cashflow […]
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JobKeeper Extension Scheme – Action Items
JobKeeper Extension Scheme – Action Items
With the JobKeeper Extension Scheme coming into effect on 28 September 2020, we have summarised the key changes and action items that your business will need to make, should you be eligible for the extension. Key Changes:  JobKeeper Extension Periods:  The extension of the scheme will operate in two separate periods:  Extension 1:  28 September 2020 […]
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What You Need to Know: JobKeeper Provisions in the Fair Work Act – Extensions and Changes
What You Need to Know: JobKeeper Provisions in the Fair Work Act – Extensions and Changes
Further to our announcement regarding the new 1 July employee eligibility test date for the JobKeeper Payment, the Australian Government passed the JobKeeper Extension Scheme through legislation on 1 September 2020. The passing of this legislation brought with it changes and extensions to the JobKeeper provisions in the Fair Work Act, with extended provisions coming into place from 28 September 2020 and extending to the end […]
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New JobKeeper 1 July Test Date Means You Need to Reassess Your Employee Eligibility and Act NOW
New JobKeeper 1 July Test Date Means You Need to Reassess Your Employee Eligibility and Act NOW
Under the new 1 July employee eligibility test date for the JobKeeper Payment, employers MUST provide the employee eligibility notice form(s) NOW to all new eligible employees that are now entitled to receive JobKeeper.  Employee Eligibility Further to our announcement last week regarding changes to the JobKeeper Payment Scheme, the Government passed the legislation last Friday meaning for JobKeeper fortnights starting from 3 August onwards, any employee who met the JobKeeper criteria as at 1 July 2020 can now receive the JobKeeper Payment.   A number of new eligible employees will now be entitled to […]
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High Court Decision Overruled: Paid Personal Leave Anomaly
High Court Decision Overruled: Paid Personal Leave Anomaly
On Thursday 13 August the High Court delivered a long awaited judgment, which clarifies the way in which personal/carer’s leave accrues and can be taken by part time workers. The High Court Decision By majority, the High Court overruled the previous Federal Court decision (handed down in August last year in relation to Mondelez Australia […]
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SME Loan Guarantee Scheme Extension
SME Loan Guarantee Scheme Extension
The Coronavirus Small and Medium Enterprise (SME) Loan Guarantee Scheme is now extended to 30 June 2021, with the aim to provide further support to small and medium-sized businesses that have been affected by the economic impacts of COVID-19. The extension of the scheme will come into place from 1 October 2020 and will be […]
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What is the Superannuation Guarantee Amnesty?
What is the Superannuation Guarantee Amnesty?
Due to the economic impacts of COVID-19, a Superannuation Guarantee Amnesty has been introduced to provide a one-off opportunity for employers to pay superannuation payments that are owed – penalty free! Do You Need to Apply for the Superannuation Guarantee Amnesty? On 6 March 2020, the government introduced a super guarantee (SG) amnesty that allows […]
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