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Business will be key focus of federal budget, Treasurer confirms

Business will be key focus of federal budget, Treasurer confirms

by Shared by MyBusiness | Sep 21, 2020 | News

Treasurer Josh Frydenberg has refused to say too much about what the budget may entail, but on Thursday, he revealed that it will represent the next stage of the government’s JobMaker plan, with a majority of measures set to focus on easing the red tape burden on...
Alternative tests ‘still apply’ for JobKeeper extension

Alternative tests ‘still apply’ for JobKeeper extension

by Shared by Accountants Daily | Sep 21, 2020 | News

The ATO is poised to introduce guidance around the JobKeeper extension alternative tests this week after the Treasurer’s rules and the subsequent commissioner’s determinations were registered last week. Read more at the Accountants Daily. 
Early release amounts for SMSFs climb to $341m

Early release amounts for SMSFs climb to $341m

by Shared by SMSF Adviser | Sep 20, 2020 | News

Based on recent ATO data, as of 12 August 2020, there have been 3.97 million approved applications for early release of super, totaling over $33.27 billion since 19 April 2020. Read more at SMSF Adviser.
5km rule clarified for Melbourne accountants, bookkeepers

5km rule clarified for Melbourne accountants, bookkeepers

by Shared by Accountants Daily | Sep 20, 2020 | News

The Victorian Department of Jobs, Precincts and Regions has now confirmed that metropolitan Melbourne accountants and bookkeepers will be allowed to collect essential records from their office even if it requires travelling beyond the 5km radius of their home. Read...
ATO begins STP data-sharing program with Services Australia

ATO begins STP data-sharing program with Services Australia

by Shared by MyBusiness | Sep 20, 2020 | News

According to a gazette notice released this week, the data-matching program involves the exchange of STP data from the ATO for individuals who have a relationship with Services Australia, formerly the Department of Human Services. Read more at...
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