2021 Risks & Opportunities

Download PDF version here Merry Christmas What a year. Instead of a handful of bright, shiny material things all I really want for Christmas is an effective COVID-19 vaccine, a safe environment for my friends and family, the opportunity for every person to use their abilities and make a genuine contribution to the greater good,
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Federal Budget 2020-21

Road to Recovery? The 2020-21 Federal Budget is a road to recovery paved with cash. Key initiatives include: Personal income tax cuts from 1 July 2020 A $4 billion ‘JobMaker’ Hiring Credit to encourage businesses to take on additional employees aged 16 to 35 years old $110 billion in infrastructure investment over 10 years Immediate
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JobKeeper rules update

New JobKeeper test date for employees and additional flexibility On Friday 14 August 2020, the Treasurer released updated the JobKeeper Rules dealing with eligible employees which apply from 3 August 2020 onwards. Specific rules dealing with JobKeeper 2.0 have not yet been released.   New test date for employees Under the original JobKeeper rules, an
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Super Amnesty-Avoiding late super problems

Limited time left – Amnesty finishes 7th Sep 2020 We have previously advised how the Government currently have a superannuation amnesty in place. This allow employers to voluntarily disclose to the ATO, late or unpaid amounts of superannuation contributions in respect of all quarters ending on 31 March 2018. Employers must complete and lodge a superannuation
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