Brealey Quill Kenny industry news and updates

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...

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...

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...

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...

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...