Category: Advisory

INTRODUCTION On 6 October 2020, Treasurer Josh Frydenberg handed down a historic Federal Budget. This year has been unprecedented, with Australia and the rest of…

On 21 July 2020, the Government announced that the JobKeeper Payment (JKP) scheme would be extended until 28 March 2021 (i.e., for a further six months beyond its original finish date of 27 September 2020).

Payroll tax will be waived (or reimbursed if already paid) for the 2019/20 financial year for businesses with annual Victorian taxable wages up to $3 million.

Small and medium-sized businesses and not-for-profit entities, with an aggregated annual turnover of less than $50 million (usually based on their prior year’s turnover)