JobSeeker COVID supplement extended but amount reduced. The JobSeeker COVID supplement has once again been extended for a further 3 months accompanied by an associated cut in rate.
Seasonal workers, will they be tax residents due to Coronavirus? If you’re a seasonal worker who has been stuck in Australia due to closed borders or difficulty getting flights home, you may be getting worried that you’ll be considered a tax resident of Australia.
Claim your work at home expenses in the 2020 tax year if you haven’t lodged yet. There is still time so year don’t forget to claim your work from home expenses.
End of repayment holiday or loan payment deferrals as a result of COVID-19 for a majority of borrowers are due in September. If you or your business initially deferred a loan at the beginning of the pandemic, now is the time to start working out whether you can afford your repayments.
Don’t lodge before your information made available by ATO. With Tax Time 2020 just around the corner, many individuals on reduced income or have increased deductions may be eager to lodge their income tax returns early to get their hands on a refund.
Rental property owners along the rest of the economy have taken a hit to their bottom line. In this uncertain time, the ATO has provided some guidance on the deductibility of rental property expenses in various situations such as tenants paying reduced rent or the suspension of rent.
COVID-19 has turned lives upside down on a global scale, with one unintended side-effect being the drastic restriction of movement across borders.
Have you been directed by your company to work from home to limit the spread of the coronavirus? If so, you may be able to claim a deduction for the additional running costs you incur.