JobKeeper: Reporting through Single Touch Payroll
If you’re one of the many businesses applying for the JobKeeper payment, most likely you will have many thoughts and questions.
ITP are specialists in tax returns for individuals, with over 40 years’ experience in helping Queenslanders get the most back in their return each year. Whether you’re after a simple salary and wage tax return, or need expert tax advice – we’re here to help.
Getting your personal tax in order can be an arduous task, let alone weaving your way through a standard business return.
If you’re one of the many businesses applying for the JobKeeper payment, most likely you will have many thoughts and questions.
Are you in business and unsure about applying for the JobKeeper payment? There have been some important changes in the last 24hrs that might help your circumstances. Let’s quickly run through the changes.
Are you thinking about doing your taxes again? Need an excuse not to? We hear you. Doing your own tax takes time, and can be quite complicated and tedious.
Working from home because of the Coronavirus? Confused about the correct way to claim your extra expenses? If this is you, here’s the latest and easiest methods to claim your expenses if you are stuck at home between 1 March and 30 June. Time to get updated!
As of last night, 8th April 2020, parliament passed the legislation on the JobKeeper payments, which means that eligible employers will now receive $1,500 a fortnight for every eligible employee from the start of May.
Australian employers and employees have now been thrown an astonishing 3rd stimulus package, promising to deliver $130 billion dollars to cope with the economic effect of COVID-19.
The Federal Government announced a second, far reaching stimulus package to help fight the Coronavirus and its impact on Australia. The aim is to add $189 Billion into the economy to reduce the impact of the challenges arising from current Corona Virus pandemic.
As the world is undergoing massive changes, many people are now using their dining room as an office. Now if this is you, take note, as we’ve made a possible list of things that are literally under your nose and indeed may be tax deductible.
Due to the current events (COVID-19), we wanted to update our Queensland community on all things ITP, whether business or individual.
On 12 March 2020, the government announced that they are going to help Australians experiencing difficulty as a result of the COVID-19 outbreak. Here is what you need to know.
Working with the ATO is a complicated juggling act and one that holds significant responsibility for any business owner.
Even though GST has been with us for 20 years, it can be easy to forget what it means and how it applies when starting a new business. We sat down with one of ITP’s Business Professionals to talk about the basics of GST for small businesses.