Here is a worked example of the government incentives for COVID-19 based on an employee earning $60K pa.
Government Incentives for COVID-19 – Worked Example based on Employee $60K
Other News
All the latest from our small business tax specialists.
Small Business
The ATO has updated the EV home charging rate from 4.20c to 5.47c per kilometre from 2026. Here’s what it means for employers and taxpayers.
Small Business
Australian businesses impacted by fuel disruptions may now access temporary ATO relief measures, including flexible payment plans and interest remission.
Strategic Financial Advice
Aged care can create cash flow pressure due to timing gaps between costs and available funds. Learn how to plan ahead and avoid financial stress.
Small BusinessTax
The SEPL case highlights how FBT applies to family business perks. Learn how trust structures, documentation and benefit classification affect tax risk.
Tax
The ATO is increasing scrutiny on FBT for work vehicles. Understand exemptions, record-keeping requirements, and how to avoid costly compliance mistakes.
Small Business
The Kilgour case reveals how market value is assessed for CGT and why real-world deal terms matter in business sale valuations.