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Temporary COVID disaster payment: This is available for workers who reside or work in a ‘Commonwealth declared hotspot’, who are unable to attend work and earn income due to state-imposed restrictionsThis is available for Australian citizens, permanent residents & eligible work ...
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ATO’s warning to Taxpayers on Work related ExpensesThe ATO has issued a warning to taxpayers urging them not to ‘copy & paste’ previous year’s claims in this year’s tax returns.The ATO has said around 8.5 million Australians have claimed close to $19.4 billion in work related ex ...
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It’s time for Tax Planning for FY 2020 !We know that two significant things happened in FY20 that should impact the tax outcomes for all our clients.Bushfires having huge ramifications across Australia andCovid19 bringing the whole world to a complete lockdownThe Federal and State Governments hav ...
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A Special professional is one who uses their artistic and intellectual skills and abilities rather than their technical skills. The artistic path is not very lucrative, save for a handful of exceptional people. Most of them do not enjoy the benefit of a stable income or job and must take whatever wo ...
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Rental deductions and cryptocurrency data-matching are joining work-related expenses on the Australian Taxation Office’s list of priorities as Australians prepare to lodge their tax returns.By Zilla EfratWhile it’s still keeping a firm eye on work-related expenses, the Australian Taxation Offic ...
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