The ATO has now updated the tax withholding schedules They reflect the 2020/21 income year personal tax cuts. Updated schedules are available at ato.gov.au/taxtables. The ATO has said that employers Read More…
Broadly, JobKeeper Payments received by an employer are assessable income to the employer Likewise, the payments an employer subsequently makes to an employee that are funded (in whole or in Read More…
Time running out for employers to apply for superannuation guarantee (SG) amnesty Catch up on past unpaid super without incurring a penalty or paying administration fees. The ATO is encouraging Read More…
JobKeeper extension On 21 July 2020, the Government announced that the JobKeeper Payment (‘JKP’) would be extended until 28 March 2021 (i.e., for a further six months beyond its original Read More…
The Fair Work Commission has announced a 1.75% increase to minimum wages This will apply to all award wages. Increases to awards will start on 3 different dates for different Read More…