Business & Tax Accounting | Personal Income Tax Lodgement | Self Managed Super Funds

Practice Updates

March 2021 Newsletter

Small employers (19 or fewer employees) are  currently exempt from reporting ‘closely held’ payees through Single Touch Payroll (‘STP’).  Also, a quarterly STP reporting option applies to micro employers (four or fewer employees).  These concessions will end on 30 June 2021. Please read to find out more.[…] CONTINUE READING

January/February 2021 Newsletter

The Government’s HomeBuilder program has been extended to 31 March 2021.  The scheme is expected to support the construction or major rebuild of an additional 15,000 homes. On 21 December 2020, the AAT handed down its decision in a case relating to a taxpayer’s eligibility for JobKeeper payments, in circumstances where the Registrar of the […]

JobKeeper Update

JobKeeper 2.0 ended on 3 January 2021.  Please note that employer obligations will change of that date and your business is no longer obliged to pay the minimum gross JobKeeper amount of $1,200 per fortnight to eligible Tier 1 employees and $750 per fortnight to eligible Tier 2 employees. For those with a qualifying business […]

JobKeeper 3.0

The following information only relates to business clients that have been eligible for JobKeeper 2.0 or may be eligible for JobKeeper 3.0 (even if your business was not eligible for JobKeeper 2.0 your turnover may be down enough to qualify for JobKeeper 3.0)[…] CONTINUE READING

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