2020 is coming to an end. Phew!!
Some fireworks and a great Advent Calendar to help you celebrate. On behalf of all our staff we wish our clients and their families a Merry Christmas, a Happy New Year and a great holiday period.
Victorian State Budget Overview 2020 - 2021
On Tuesday 24 November, the Victorian Treasurer, Tim Pallas announced the 2020-21 budget, detailing a number of measures focused on creating jobs, supporting families and helping small to medium businesses.
Employee Christmas Parties and Gifts – Any FBT?
The Christmas break-up party and/or gifts to employees can be exempt from Fringe Benefits if a few rules are followed.
FBT – Christmas Parties and Taxi Fares
Some employers, who are commendably anxious to protect their employees and clients from the drink/driving laws, also pay for taxis to and from the place of entertainment.
JobMaker hiring credit given green light despite ongoing concerns
A Senate committee has recommended that the JobMaker hiring credit legislation be passed, despite concerns over its narrow eligibility and lack of protection for older workers.
Super, death, and taxes
An interesting finding in the federal government's Retirement Income Review report is that many Australians are dying with the majority of the wealth they had when they retired.
ATO extends JobKeeper deadlines ahead of Christmas
JobKeeper deadlines for the second extension period have now been extended by the ATO ahead of the festive season.