02 4969 4699
02 4969 4699
The Garis Group Logo
Closed Victorian Business Due to Corona Virus

Victoria Announces $250m Targeted Business Support Package

Emma Zajac
, , , , ,
While Victoria’s $250 million business support package will offer welcomed reprieve to some businesses facing extreme uncertainty after the state entered its fourth lockdown last week, others think the package is light on detail, and is unlikely to cover the losses suffered. Victorian acting premier James Merlino on Sunday revealed a $250 million targeted business…
ATO to set its sights on ‘copy-paste’ expense claims

ATO Set’s It’s Sights on ‘Copy-Paste’ Expense Claims

Emma Zajac
, , , , , , ,
The Tax Office has issued a warning to taxpayers who opt for “copy-pasting” work-related expense claims, like those accrued for travelling between work sites, or laundering uniforms, while they have been working from home. The ATO on Thursday warned taxpayers that it will set its sights on ineligible work-related expense claims come tax time, issuing…
The ATO has clarified the tax treatment of JobKeeper payments handed back to the Government.

Tax Treatment of JobKeeper Payments Handed Back to ATO

Emma Zajac
, , , , , ,
The ATO has clarified the tax treatment of JobKeeper payments handed back to the Government. The clarification comes after the Super Retail Group, Dominos Pizza and Toyota collectively returned more than $20 million in JobKeeper payments after reporting exceptional trading results. Where a business has handed back JobKeeper despite qualifying for the payments, the ATO…

Morrison Government Unveils Post-JobKeeper Stimulus Package

Emma Zajac
, , , , , , ,
The federal government will roll out a $1.2 billion stimulus package across the travel and tourism industries, along with an extension to its SME Loan Guarantee Scheme once JobKeeper expires at the end of the month. The support package will subsidise 50 per cent of 800,000 domestic flights to select tourism destinations across Australia. The…
Post-JobKeeper support to be announced in a 'matter of days’

Post-JobKeeper Support to be Announced in ‘A Matter of Days’

Emma Zajac
, , , , ,
Treasurer Josh Frydenberg has revealed that the federal government will announce targeted post-JobKeeper support in “a matter of days”, ahead of the expiry of the wage subsidy program. Speaking from Cairns on a tour of Queensland to speak with tourism businesses, the Treasurer said the government will announce its plans to extend targeted support to…
ATO Revs Up As JobKeeper Set To End In March 2021

ATO Revs Up As JobKeeper Set To End In March 2021

Emma Zajac
, , , , , , ,
Promoted by Accountancy Insurance Although 2020 saw a temporary lull in the ATO and State Revenue Office’s usual activity level due to the COVID-19 pandemic, 2021 is already set to be as busy as ever when it comes to audits and reviews initiated by government revenue authorities. Accounting professionals are being advised to get their…
The Final Stage of JobKeeper and How to Access It

The Final Stage of JobKeeper & How to Access It

Emma Zajac
, , ,
The impact of COVID-19 has been felt very differently from region to region. Fortunes vary wildly between business operators subject to ongoing lockdowns and trading impediments to those benefiting from the “new normal”. For those severely impacted by COVID-19, JobKeeper might be available. The third and final phase of JobKeeper started on 4 January and…
NSW Government Announce New Grants Post Lockdown

NSW, WA Governments Announce New Grants Post-Lockdown

Emma Zajac
, , , , , ,
The New South Wales and Western Australia state governments have now announced new grants for small businesses affected by snap COVID-19 lockdowns. In NSW, the new $3,000 and $5,000 hardship grants will be available to small businesses in Sydney’s Northern Beaches that were affected by COVID-19 restrictions over Christmas last year. WA small businesses will…
Menu
Call Now 02 4969 4699