by Maja Garaca Djurdjevic | Jul 20, 2020 | News
While JobKeeper has achieved many objectives, it is understandable that there are some flaws, said IPA chief executive officer Andrew Conway. “JobKeeper has achieved many of its intended outcomes including not adding to the jobless queues,” Mr Conway said. “It is...
by Shared by SMSF Adviser | Jul 20, 2020 | News
Back in 2016, the ATO released Practical Compliance Guideline (PCG) 2016/5, which sets out the safe harbour terms on which SMSF trustees may structure their limited recourse borrowing arrangement consistent with an arm’s-length dealing. Read more at SMSF...
by Shared by Accountants Daily | Jul 20, 2020 | News
The latest figures from the Australian Prudential Regulation Authority (APRA) show that over the second week in July, 472,000 repeat applications to access super early were made, bringing the total amount of repeat applicants to 818,000 as of 12 July. Read more at the...
by Shared by MyBusiness | Jul 20, 2020 | News
The government agency (formerly the Department of Health and Human Services) said customers may be contacted by either SMS or letter, to remind them that they may need to update their circumstances if they are receiving income from their employer, including through...
by Maja Garaca Djurdjevic | Jul 20, 2020 | News
Under the existing scheme, some 15,600 businesses have accepted loans worth $1.5 billion. However, given initial predictions that the scheme will deliver $40 billion to SMEs, the government has now decided to extend and expand the scheme to get more money into SME...
