Cash Flow Boost for employers
Cash Flow Boost for employers https://www.ato.gov.au/Business/Business-activity-statements-(BAS)/In-detail/Boosting-cash-flow-for-employers/ Employers with an aggregated annual turnover of under $50 million (based on prior year turnover) will receive payments of between $20,000 to $100,000 from the government to help with cash flow. There will be two components to the payment. The first stage will be for the March and June…
Childcare Support – Announced 2nd April 2020
Childcare Support – Announced 2nd April 2020 The Federal Government has just announced a relief package for the child care and early childhood education sector (‘child care sector’). Please click NTAA – Child care and early childhood relief package to read the NTAA child care sector summary. Government Stimulus and Support for all Australians as…
ATO Guidance on Deductibility of Costs of Working from Home
ATO Guidance on Deductibility of Costs of Working from Home Guidance from the NTAA – Working from home expenses The ATO has released new information on how to calculate working from home expenses including: Temporary work from home Expenses you can claim Records you must keep In Summary During the period 1 March 2020 –…
JobKeeper and JobKeeper 2.0
Legislative Changes that affect JobKeeper 2.0 – Updated 24 August 2020 We have collated various resources from our professional partners and networks. We will work with our clients to test eligiblity ASAP. Importantly, employers and entities with eligible business participants are able to enrol for the JKP for the extension period even where they have…
Remote Work Resources
Remote work is new to many of us, and we can very quickly feel lost and isolated. Here is a collection of Articles and Information regarding Remote Work and running a Distributed Workforce. If you want to add articles or resources you have found, please email Alexander@lmsadvisory.com.au . If anyone is interested in a Webinar…
Coronavirus Resources Government Stimulus and Support for all Australians
Coronavirus Resources and Support The challenges presented by the Corona Virus to business, employers, employees, the economy, every single one of us in Australia and worldwide is unprecedented. We have also created a Remote Work Resources page with links, tips, information and resources. Read our latest Client Update on Jobkeeper 2.1 – Updated 24th…