The Victorian Government has announced payroll tax relief for employers who receive the Federal Government’s $1,500 per fortnight JobKeeper payment. The Victorian Government has announced payroll tax relief for employers who receive the Federal Government’s $1,500 per fortnight JobKeeper payment. Under the Victorian measures, any top-up payments – that is, additional payments to employees earning […]
As the COVID-19 pandemic continues to evolve, leaders need to have the capability to steer their organisations and people through these challenging times successfully. While this leadership capability can come in many different styles, what remains constant is the need for honest, open and authentic leadership. In this article, we provide an overview of what leaders need to consider when steering their organisation towards recovery.
The Treasurer has released a modified decline in turnover test for employers that provide labour services within their tax consolidated groups, tax consolidatable groups or GST groups. This modified test can apply where the basic test is not already satisfied. The test provides for a grouping of the ‘turnover’ of test members within the group […]
The Commissioner of Taxation has released a practical compliance guide (PCG 2020/4) outlining the operation of its integrity rule (Section 19) and how he may deploy compliance resources to certain arrangements that enable an entity to obtain access to the JobKeeper payments. Importantly, the ATO has labelled certain arrangements as a ‘low risk’ of deploying […]
Not-for-profit (NFP) organisations that emerge from the current environment stronger or with their operating capabilities intact will likely have a stronger communications strategy, more resilience, the ability to pivot and strong crisis response and management skills. The key opportunity that comes from developing these capabilities is ensuring the governance framework effectively embeds these capabilities in […]
Pitcher Partners congratulates the Victorian Government on their initiative to support the building and development industry, through the establishment of the Building Victoria’s Recovery Taskforce. Pitcher Partners looks forward to adding our voice to the Taskforce’s considerations through the representation of our middle market/private, property industry constituency. The property development, building and construction sectors of […]
In turbulent and uncertain times, when there is a shock to the economy like we are currently experiencing, organisations may see a significant drop in their revenue. This proves challenging for any sector, but especially so for not-for-profit organisations (NFPs). NFPs will face significant reductions in income derived from discretionary spending by individuals and businesses. […]
The Commissioner of Taxation has released several alternative tests to assess decline in turnover. The alternative tests can be applied where the basic decline in turnover test is not otherwise satisfied. The alternative tests apply in the following cases: commencement of a business acquisition or disposal of a business business restructures substantial increases in turnover […]
Many Australians are now working from home to ensure business continuity amidst the COVID-19 pandemic. As a result, the Australian Taxation Office (ATO) is expecting an unprecedented amount of home office related tax deductions this financial year. The ATO has provided new guidance on what can be claimed.
The NSW Government is introducing measures to help commercial and residential landlords manage their rental properties.
Thank you for you interest