Capitaleyes Latest Accounting News

  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.  
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  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.  
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  JobKeeper deadlines for the second extension period have now been extended by the ATO ahead of the festive season.  
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  The Christmas break-up party and/or gifts to employees can be exempt from Fringe Benefits if a few rules are followed.  
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  A new bill that ensures state and territory grants issued in response to the coronavirus pandemic are not subject to income tax has now been introduced.  
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  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.  
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  New research has offered insight into how Australians intend to save the gains generated from income tax cuts rolled out in this year’s federal budget.  
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  Brazen scams continue.  Police have issued a warning after a Sydney woman fell prey to an elaborate ATO scam that cost her $22,000.  
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  The JobKeeper program moves into its final phase from Monday, with payment rates set to be reduced.  
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  The Japanese car manufacturer has confirmed it has approached the ATO to return more than $18 million in JobKeeper payments after a spike in sales towards the end of last year.  
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Making our website into a valuable resource for our clients is very important to us.  There are more tools and resources available when compared to almost anywhere else and this month we highlight our educational videos.  We hope you enjoy these 'extras' and if you have any question then click on the Contact Us button  and ask.   
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