News/Blog
Stay up to date with all our latest news, guidance and regulatory information here. We like to focus on the practical implications of changes to tax, insurance and financial planning legislation as well as offering insights on topical issues relevant to our clients.
LATEST ARTICLES
Covid-19 Q&A (5) Will I have to pay tax on the Cash Flow Boost Payment?
No. The cash flow boosts of between $20,000 and $100,000 are tax free and automatically calculated through your activity statements. If, however, you use the cash flow boost to pay a d [...]
Cash flow boosts start rolling
Following the lodgement of March’s activity statements, companies will now start to receive tax free cash flow boosts delivered through the Australian Tax Office (ATO) as credits in th [...]
Covid-19 Q&A (4) Sole trader question…
Can I claim the JobKeeper payment as a sole trader if I am receiving salary and wages from an employer who is not claiming the JobKeeper payment as their business has not been affected [...]
ATO announces automatic deferrals and penalty waivers due to Covid-19
Taxpro Australia has been very busy assisting clients with advice on how to claim the numerous Government stimulus measures introduced to support business through the Covid-19 pandemic [...]
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Covid-19 Q&A (3) I have enrolled for the JobKeeper subsidy for my employees. I understand that the first payments will be made in the first week of May, however do I need to pay all employees the $1,500 out of my own account from 30 March until the JobKeeper payment comes through?Covid-19 Q&A (3) I have enrolled for the JobKeeper subsidy for my employees. I understand that the first payments will be made in the first week of May, however do I need to pay all employees the $1,500 out of my own account from 30 March until the JobKeeper payment comes through?
Covid-19 Q&A (3) I have enrolled for the JobKeeper subsidy for my employees. I understand that the first payments will be made in the first week of May, however do I need to pay all employees the $1,500 out of my own account from 30 March until the JobKeeper payment comes through?
Yes. And you must do this to be eligible. Employers need to pay their employees a minimum of $1500 per fortnight (before tax) from 30 March 2020 or they will cease to qualify for the J [...]
Dedicated accountant for JobKeeper package questions
The launch of the Government’s JobKeepers wage subsidy package that will ensure eligible employers will be paid $1,500 per fortnight per eligible employee from 30 March 2020, has inevi [...]