by Shared by Accountants Daily | Jul 15, 2020 | News
The Inspector-General of Taxation (IGTO), Karen Payne, will now examine communication sent out by the ATO to as many as 8,000 businesses warning them that they may be ineligible for the JobKeeper payment and that they could be required to repay amount they had already...
by Maja Garaca Djurdjevic | Jul 14, 2020 | News
The IPA believes that this legislation will bring greater transparency by requiring businesses with over a $100 million turnover to publish their policies including payment times. The IPA’s submission to the Senate education and employment committees highlighted a...
by Shared by SMSF Adviser | Jul 14, 2020 | News
According to ATO statistics provided to SMSF Adviser, at 7 July 2020, around 2.5 million individuals had been approved for early release of super across both the 2019–20 and 2020–21 financial years, with the total amount applied for around $28.1 billion. Read more at...
by Shared by the ABC | Jul 14, 2020 | News
The health crisis in Victoria may be dampening household sentiment in the rest of Australia too, because household spending growth has also eased in every other jurisdiction in the last week, except the Northern Territory. Read more at the ABC.
by Shared by MyBusiness | Jul 14, 2020 | News
Speaking exclusively on the MyBusiness webcast, ATO assistant commissioner for small business Andrew Watson responded to concerns that small businesses are dropping out of JobKeeper as COVID-19 restrictions gradually ease and businesses resume operations which may...
