Brealey Quill Kenny Blogs

WA Payroll Tax – JobKeeper Exemption

WA Payroll Tax – Reminder that JobKeeper Subsidised are Wages Exempt A reminder to our clients who are required to pay WA payroll tax that JobKeeper subsidised wages are exempt. This is in addition to the waiver of WA payroll tax for the four months between 1 March and 30 June 2020 (for businesses with...
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JobKeeper Rules Update

Following on from our blog last Friday, the Treasurer released an update to the JobKeeper Rules dealing with new eligible employees which apply from 3 August 2020 onwards. Extended deadline for top-up payments Crucially, the ATO has announced that the deadline for making payments for new eligible employees for JobKeeper fortnights starting on 3 August...
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Further Guidance on JobKeeper 2.0 Changes

Last week we advised of significant changes to the JobKeeper 2.0 scheme, being the removal of the June quarter from the decline in turnover test, and a new test date of 1 July, 2020 for eligible employees. With regard to eligible employees, the effective date of this change will be 3 August 2020, so will...
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Changes to JobKeeper 2.0

The Treasurer has announced several significant changes to JobKeeper 2.0. These changes, in response to the expected economic impact of restrictions in Victoria, should result in more employers and employees either retain or become eligible for Jobkeeper. There are two changes to the JobKeeper extension announced on 21 July 2020. To receive JobKeeper from 28...
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JobKeeper 2.0

The second tranche of the JobKeeper scheme changes the eligibility test for employers and the method and amount paid to employees. If your business currently receives JobKeeper, your arrangements will generally remain unchanged until 27 September 2020. From 28 September 2020, employers seeking to claim JobKeeper payments will need to reassess their eligibility and prove...
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$2.5bn JobTrainer package: What you need to know

The Government has announced the $2.5bn JobTrainer package to retrain, upskill and open new job opportunities. An additional 340,700 training places will be created to provide no or low cost courses into sectors with job opportunities. The Government is working with the States and Territories to develop a list of qualifications and skill sets to...
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Home Office Expenses

As businesses managed the risks associated with COVID-19 many clients found themselves working from home for the first time. Below we outline the tax deductions available, the records you need to keep and how your tax claim is calculated. Office equipment, stationery and consumables You are entitled to claim the work-related usage of computers, printers,...
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Pre June 2020 Tax Planning

With the end of the 2020 Financial Year approaching fast, the following link provides a list of items to consider pre 30 June 2020 for tax planning purposes. Please call our office if you would like to discuss any of these items further. Pre June 2020 Tax Planning Information Sheet
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JobKeeper Monthly Reporting & Eligibility – Important Reminders

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 following months, so the June declaration must be completed by 14 July. This is best...
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Instant Asset Write Off Extended

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 aggregated turnover of the business and the date when the asset is first used or...
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WA Payroll Tax – JobKeeper ExemptionWA Payroll Tax – Reminder that JobKeeper Subsidised are Wages Exempt A reminder to our clients who are required to pay WA payroll tax that JobKeeper subsidised wages are exempt. This is in addition to...
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