2020/21 Federal Budget

2020/21 Federal Budget

The 2020/21 Federal Budget was delivered on Tuesday 6th October by the Federal Treasurer, the Hon. Josh Frydenberg MP. There will be many questions over the coming days, however TSP Accountants have summarised some of key points in this article. If you feel you are...
COVID-19 | JobKeeper 3.0

COVID-19 | JobKeeper 3.0

JOBKEEPER 3.0 The Government has announced a six month extension to the JobKeeper payment which will run from 28 September 2020 to 28 March 2021. There have been changes to the payment rates for the extended periods as well as more frequent testing of actual turnover...
COVID-19 | JobKeeper 2.0

COVID-19 | JobKeeper 2.0

JOBKEEPER EXTENSION The Government has announced a six month extension to the JobKeeper payment which will run from 28 September 2020 to 28 March 2021. There have been changes to the payment rates for the extended periods as well as more frequent testing of actual...
COVID-19 | JobKeeper 2.0

COVID-19 | JobKeeper Payment

THE JOBKEEPER PAYMENT The JobKeeper Payment is a wage subsidy that will be paid to eligible businesses impacted by COVID-19. Eligible employers will be reimbursed a fixed amount of $1,500 per fortnight for each eligible employee and/or for one eligible business...
Superannuation Guarantee Amnesty

Superannuation Guarantee Amnesty

Amnesty for employers on Superannuation Guarantee A new bill has passed the Senate, granting employers a one-off amnesty to voluntarily disclose unpaid superannuation contributions. Nearly two years since it was introduced to Parliament, the Treasury Laws Amendment...