Brealey Quill Kenny industry news and updates

Important reminders for our clients in relation to JobKeeper Monthly Reporting & Eligibility: For those clients who are already enrolled, to receive your JobKeeper payment for May you must make a monthly declaration by 14 June. The same applies for...

The Government has announced that it will extend the Instant Asset Write-Off concession for another 6 months until 31 December 2020. This means eligible businesses can still claim immediate deductions for part of the 2020-21 financial year. Depending on the...

The ATO has extended the enrolment period for employers who are first enrolling in the JobKeeper scheme from June 2020 onwards. The deadline for enrolments for the month of June 2020 and later months will now be the end of...

The Government has announced grants of $25,000 to encourage people to build a new home or substantially renovate their existing home. The HomeBuilder scheme targets the residential construction market by providing tax-free grants of $25,000 to eligible owner-occupiers, including first...

The final date businesses can enrol for JobKeeper if you intend to claim for wages paid in April and May is May 31. If you have registered for JobKeeper, but haven’t completed the Enrolment process via the ATO Business Portal,...

We would like to make our clients aware of a current telephone scam whereby people are receiving calls from scammers pretending to be from the ATO. The scammers are calling members of the public and asking them to provide their...

This week further guidance has been released on the JobKeeper Alternative Decline in Turnover Tests which can be applied in circumstances where a business does not pass the JobKeeper Basic Decline in Turnover Test. The Alternative Decline in Turnover Tests...

An important update for our clients who have enrolled for JobKeeper or are planning to enrol. The ATO has released details of the 3 steps to be completed to successfully receive the JobKeeper payment. These are: Step 1: Enrol for...

The WA Government is investing $114 million to support small and medium businesses, including: a one-off $2,500 credit on electricity bills for small businesses waiving licence fees for businesses in industries such as hospitality, tourism, retail and building trades. Liquor...

The ATO has extended the time to enrol for the initial JobKeeper periods, from 30 April 2020 until 31 May 2020. If you enrol by 31 May, you will still be able to claim for the fortnights in April and May, provided you meet...