Companies may now hold annual general meetings and sign documents electronically Companies should note that the government made a determination just before the end of the financial year that permits companies to hold annual general meetings by electronic format. Also, companies may execute a document, without using a common seal, by electronic communication. The determination …
Has your residential rental property rental income been affected by COVID-19? As a result of this income year NOT being business as usual, the ATO has provided answers to some typical scenarios that may crop up in this area for tax time. Q: If tenants are not paying their full rent of have temporarily stopped …
The government has made a number of changes to temporary visa holder arrangements during the COVID-19 crisis. The Department of Home Affairs says these measures have been made to protect the health and livelihoods of Australians, to support critical industries, and to boost recovery afterwards. Home Affairs records show that there are 2.17 million temporary …
Changed Conditions For Covid-19 For Temporary Visa Holders Read More »
The Federal Government has announced stage 2 of its economic plan to provide financial assistance to Australians. Boosting cash flow assistance Cash flow assistance ► The Government is providing up to $100,000 to eligible small and medium-sized businesses, and not-for-profits (including charities) that employ people, with a minimum payment of $20,000. ► Under the enhanced …
Federal Government’s Second Coronavirus Stimulus Package Read More »
Volunteer payments and expenses may have tax implications! From bushfire relief groups, sporting clubs, environmental groups, charity associations and many more, volunteers are an indispensable workforce and support network for many organisations. For most, if not all, having volunteers ready to lend a hand is pivotal in them being able to function or survive. Many …