Originally announced in March 2020, the instant asset write-off threshold increased to $150,000 and has now been extended until 31 December 2020. Initially, the increased threshold was intended to run until 30 June 2020, and allowed eligible businesses with a turn-over of less than $500 million to claim an immediate tax deduction for assets, where the [...]
Update: See the update from the Australian Taxation Office here. Just a reminder that the Super Guarantee Amnesty is still available until the 7th of September 2020 if you would like to make full use of this amnesty, you must make the relevant payments before this date. If you are unable to make the payment due to [...]
Those staff aged 16 and 17 who were previously entitled to JobKeeper payments (either as a full time worker or as a long term – regular and systematic casual) are now required to submit an additional declaration (link below) to better confirm their eligibility or not. Where they were previously eligible, but now no longer [...]
Christmas is just around the corner and the preparations for secret Santa, the Christmas party and other festive events are all underway. With the festive season upon us, some events can prove troublesome if some guidelines are not put in place early. Whether you have settled on a casual end of year event or a [...]
The DFK Wavelength 2018 Survey results are out, with this year's survey asking business owners across numerous industries about the current challenges they face. This year's results revealed an increasing concern around cyber security, a shift towards the adoption and implementation of digital technologies and recognition of the opportunities that they present. The adoption of digital [...]
