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 […]
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.
The GST turnover checklist is designed as a guide to assist organisations to calculate GST turnover for the purpose of assessing eligibility for the Federal Government’s JobKeeper program.
Last week the Federal Government passed JobKeeper legislation to assist businesses affected by COVID-19 to cover the costs of their employees’ wages.
Pitcher Partners is actively monitoring the status of COVID-19 (coronavirus), and the impact to our firms, people, clients and the community.
The Victorian, New South Wales and Queensland governments have each announced land tax relief measures for eligible landlords impacted by COVID-19.
As part of the Victorian Government’s stimulus package to ease the economic impact of COVID-19, payroll tax measures have been introduced to assist businesses manage their obligations through these trying times.
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