Traverse blog

Traverse compiles monthly newsletters detailing recent and upcoming changes to legislation and other matters that may affect you. 

Tax Articles

JobKeeper 2.0

The first round of JobKeeper ended on 27 September 2020. The Government has decided the scheme will continue for an additional 6 months until 28 March 2021. Key changes: More employees are eligible for JobKeeperThe eligibility rules will be revisedThe payment rates...

Superannuation Contributions

Deducting your Superannuation Contributions  Pay by COB Tomorrow to Ensure your Deductions for 2020 EOFY!!! June 30 is only next week!!! A friendly reminder that if you are wanting to ensure your contributions for you personally, or through your business on behalf of...

Working From Home (WFH) Deductions During COVID-19

Working from home  A review of the key principles and rules With the advent of new work arrangements arising from the COVID-19 chaos, we thought it might be timely to review the key rules for claiming deductions associated with working from home. After all,...

Other Government Assistance and Tax Relief

ATO Payment Relief Overview Variation of pay as you go instalment (PAYGI) to zero and claim a refund for instalments already paid for September and December 2019 quarters.Deferring by up to 6 months the payment date of amounts due through the activity statement...