The NSW Government has announced a range of COVID Grants for Businesses and more recently the Disaster Relief Payment for Individuals who have been impacted by a Public Health order and cannot work.
The state government has announced that it will provide fully-funded income support payments to eligible workers in Queensland who live or work in State Government declared hotspots and who have lost work due to a public health order. The type of payment you get depends on if you get an eligible Centrelink payment or not.
Just a reminder of the deadlines by which you need to finalise your payroll obligations for the 20/21 financial year.
We break down the QLD and NSW Government Initiatives for COVID 19 Relief as at 23rd of July.
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The Government has delivered the 2021-2022 Federal Budget with Treasurer Josh Frydenberg announcing it as the ‘recovery budget’.
With the end of the 2020-2021 financial year fast approaching, there are many tax planning strategies that you as a business owner and an individual need to be aware of so that you can take action in the coming months.
Effective 1 July 2021, employers will be required to increase the minimum superannuation contribution to employees from 9.5 percent of “Ordinary Time Earnings” (OTE) to 10 percent.
While most businesses are already familiar with the Single Touch Payroll (STP) regime, small employers (19 or fewer employees) with closely held payees were exempt from reporting payroll information of those closely held payees through the STP for the 2019-20 and 2020-21 financial years.