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EXTENSION OF $150,000 INSTANT ASSET WRITE-OFF TO 31 DECEMBER 2020

On 9 June 2020, the government announced it will extend the $150,000 instant asset write-off until 31 December 2020.   Please refer to the attached ATO guidelines and below.   Under instant asset write-off eligible businesses can claim an immediate deduction for the business portion of the cost of an asset in the year the asset is [...]

EXTENSION OF $150,000 INSTANT ASSET WRITE-OFF TO 31 DECEMBER 20202020-06-22T12:37:34+10:00

JOBKEEPER PAYMENT

Summary   The economic impacts of the Coronavirus pose significant challenges for many businesses – many of which are struggling to retain their employees.   Under the JobKeeper Payment, businesses significantly impacted by the Coronavirus outbreak will be able to access a subsidy from the Government to continue paying their employees. This assistance will help [...]

JOBKEEPER PAYMENT2020-03-31T11:48:33+11:00