The COVID-19 support payments received by individuals and businesses are set to be regarded as non-assessable non-exempt income after the introduction of a new legislation into Parliament.
If you worked from home during lockdown and spent money on work related items that were not reimbursed by your employer, you might be able to claim some of these expenses as a deduction – but not everything you purchase can be claimed.
The Victoria State Government have eased a vast majority of its stage three COVID-19 restrictions as of 1 June 2020. The changes however, come with a new condition.
Determining whether your worker is an employee or a contractor can often be a challenging task.
New data has enlightened the ATO of certain businesses that may not be meeting their superannuation obligations.