by Traverse Accountants | Sep 30, 2020 | COVID-19, Individual, Small Business, Tax
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...
by Traverse Accountants | Apr 17, 2020 | Corporate, COVID-19, Small Business, SME
JobKeeper program Step by Step enrolment and operation Further to our update provided yesterday, the ATO has outlined a step by step process for both the enrolment and operation of the JobKeeper program. See below for a summary: Determine employer eligibility You will...
by Traverse Accountants | Apr 16, 2020 | Corporate, COVID-19, Small Business
On 8 April 2020, the Australian Federal Government released and passed legislation relating to the JobKeeper payments, which will be available to businesses heavily impacted by COVID-19. As a result, there is now further clarity on the application process and...
by Traverse Accountants | Apr 9, 2020 | Corporate, COVID-19, Small Business, Superannuation, Tax
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...