If you are normally office bound, chances are you were required to work from home over the past year. The ATO has released its latest reminder about the kinds of expenses you can and can’t claim if you are working from home. Here’s the list! Personal expenses like coffee, tea and toilet paper. While they might …
Top four no-go expenses if you’re working from home Read More »
Tax season brings out a number of new scams each year and this year is no exception. The ATO is reporting several myGov-related SMS and ATO email scams against unsuspecting Australians. Although the ATO does use email and text notifications when there are new messages in your myGov inbox, there is one major difference. These …
The rules around Superannuation contribution change almost every year, so it’s important that you know what these changes mean. Required age for voluntary superannuation From 1 July 2020, the required age for voluntary contributions rose from 65 to 67. The good news here is that you now have more time to benefit from voluntary contribution …
The Australian Government is extending the JobKeeper Payment to ensure that businesses and employees can access the help they need. From 28 September, eligible businesses will need to meet new turnover tests for the JobKeeper Payment. These tests will be based on actual turnover, not projected turnover. Eligible businesses will also need to submit their …