AFS NEWS | Your partners in success

jobkeeper payment

JobKeeper – how to start receiving your payments

From 4 May, the Australian Taxation Office (ATO) have opened the final reporting requirements for the JobKeeper Scheme. The following steps will need to be completed before the JobKeeper payments will be processed by the ATO.

payroll software

Processing JobKeeper in your payroll software

If you qualify for the Government JobKeeper payments, it is important you update your payroll software so you can provide the Australian Taxation Office (ATO) with the information required in the correct format. If you process your payroll as normal or incorrectly there’s a chance your JobKeeper payments could be delayed or missed altogether.

JobKeeper Payment deadline extended

ATO extends initial JobKeeper payment deadline The Australian Taxation Office (ATO) has announced changes to the JobKeeper deadlines for enrolment and payment requirements, these deadlines are:

Lease agreements – where do you stand as landlord or tenant?

The Prime Minister has announced a Code of Conduct (“the Code”) which outlines a set of principles for commercial landlords and tenants to operate within when negotiating any lease relief for tenants who are experiencing financial stress or hardship during COVID-19. A summary of the principles are: Eligible tenants must have an annual turnover of […]

Determining work travel vs private travel – when can you claim deductions?

Employee transport expenses is a commonly claimed tax deduction, however, many bring Australian Taxation Office (ATO) scrutiny upon themselves due to incorrect recording of deductible travel costs or lack of knowledge in regards to what can be claimed and what cannot be claimed.

Client Update | April 2020

Welcome to our April newsletter. Australia has been hit by devastating natural disasters including drought, fires and floods and is now faced with unprecedented challenges following the global outbreak of Coronavirus (COVID-19).