2021-04-06T14:23:10+10:006th April 2021|Accounting, COVID-19, Taxation|
Fringe benefits tax (FBT) is one of Australia’s most disliked taxes because it’s cumbersome and generates a lot of paperwork. The COVID-19 lockdowns have added another layer of complexity as many work patterns and behaviours changed.
A fringe benefit is a ‘payment’ to an employee or an associate (an associate is someone related
2020-12-02T14:24:28+10:002nd December 2020|COVID-19, Human Resources, Taxation|
The legislation enabling the JobMaker scheme has not passed Parliament as yet and until this occurs, the JobMaker rules are not certain and may change. More details should be available soon and we’ll let you know as soon as we have some certainty.
Here’s what you need to know about the JobMaker
2020-12-01T15:14:25+10:0029th September 2020|Accounting, COVID-19, Taxation|
For a while now, the Australian Taxation Office (ATO) has been concerned about tax deductions individuals have been claiming for a whole host of expenses. The latest on their ‘hit list’ are home office expenses. We will guide you through what you can and can’t claim if you work from home.
Last financial
2020-12-01T15:47:10+10:0029th September 2020|Accounting, COVID-19, News, Taxation|
The JobKeeper subsidy has progressed beyond the rush for eligibility into the second round. Along with the new eligibility thresholds that will carry through until March next year, the ATO is beginning to focus attention on compliance. Late last month, the Australian Taxation Office (ATO) released guidance highlighting where the regulator will
2020-04-30T18:35:45+10:0030th April 2020|COVID-19, Human Resources, News|
In light of the current COVID-19 outbreak, we have seen Fair Work Australia implement 20 years’ worth of changes in a few short weeks which has resulted in large scale changes to the employment landscape.
We have summarised the details for you below.
Changes to Fair Work Act
With the introduction of JobKeeper there have
2020-04-30T18:35:19+10:0030th April 2020|Advisory, COVID-19|
The start of the new decade has been dramatically affected by the rise of COVID-19 and the ensuing economic fallout. In March, following social distancing requirements from the Australian government, AH Jackson & Co took steps to set up staff to work remotely.
As a result, we at AH Jackson & Co are
2020-04-30T18:33:38+10:0030th April 2020|Accounting, COVID-19|
The JobKeeper payment has been established to assist businesses impacted by the COVID-19 as a subsidy from the Government to continue paying their employees. Eligible employers will be able to claim a fortnightly payment of $1,500 per eligible employee from 30 March 2020, for a period of 6 months.
Eligibility for an Emp
