Hot Issues
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Small businesses may ‘collapse under strain of payday super’, IPA warns
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ATO’s hands tied with scrapping on-hold debts, expert says
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What Drives Your Business Growth and Profits?
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Australian Taxation Office (ATO) shifting to firmer debt collection activity
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Why employee v contractor comes down to fine print
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Sharing economy reporting regime for platform operators
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Countries producing the most solar power by gigawatt hours
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Illegal access nets $637 million
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Accessing superannuation benefits.
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Does your business have a company Power of Attorney?
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Labor tweaks stage 3 tax cuts to make room for ‘middle Australia’
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GrantConnect
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2 in 3 SMEs benefit from instant asset write-off, survey reveals
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Updated guidance on R&D claims
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Do you know how to recover debts?
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Wheat Production by Country
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Types of small business benchmarks
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What is a Commercial Lease?
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ATO warns advisers against suspect R&D tax claims
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The year of workplace law upheaval
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How to Resolve Invoice Payment Disputes
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Raft of revenue tweaks in MYEFO to raise millions
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The Countries that Export the Most Wine in the World
Article archive
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Quarter 4 October - December 2023
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Quarter 3 July - September 2023
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Quarter 2 April - June 2023
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Quarter 1 January - March 2023
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Quarter 4 October - December 2022
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Quarter 3 July - September 2022
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Quarter 2 April - June 2022
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Quarter 1 January - March 2022
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Quarter 4 October - December 2021
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Quarter 3 July - September 2021
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Quarter 2 April - June 2021
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Quarter 1 January - March 2021
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Quarter 4 October - December 2020
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Quarter 3 July - September 2020
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Quarter 1 January - March 2020
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Quarter 4 October - December 2019
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Quarter 1 January - March 2019
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Quarter 4 October - December 2018
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Quarter 2 April - June 2018
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Quarter 1 January - March 2018
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Quarter 4 October - December 2017
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Quarter 3 July - September 2017
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Quarter 2 April - June 2017
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Quarter 1 January - March 2017
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Quarter 4 October - December 2016
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Quarter 3 July - September 2016
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Quarter 2 April - June 2016
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Quarter 1 January - March 2016
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Quarter 4 October - December 2015
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Quarter 3 July - September 2015
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Quarter 2 April - June 2015
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Quarter 1 January - March 2015
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Quarter 4 October - December 2014
Quarter 2 of, 2020 archive
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‘HomeBuilder’ grants now available.
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$150k instant asset write-off extended for 6 months
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JobKeeper documentation ‘absolutely critical’ in ATO audit
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Tax Time Checklists - Individuals; Company; Trust; Partnership; and Super Funds
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ATO updates JobKeeper compliance approach
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COVID-19 hotspots - tax time 2020
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Tax reform to feature heavily in PM’s JobMaker plan
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Jobkeeper Fraud warning
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ATO extends initial JobKeeper payment deadline
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Boosting cash flow - ATO
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Our website, your resources
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ATO releases JobKeeper alternative test
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Temporary Working from Home Expenses Rule
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Minimum Pensions Halved – 2020 & 2021
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More coronavirus support for landlords, commercial tenants
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COVID-19: Early Childhood Education and Care Relief Package
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What Covid-19 relief packages mean to you.
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Now I’m working from home, what can I claim?
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Global statistics plus Covid-19 updates
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ATO clarifies COVID-19 rent relief concerns
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Banks to defer small-business loan repayments for 6 months
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Historic $130bn wage subsidy to cover 6 million workers
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Stage 2 – Covid-19 stimulus package.
Temporary Working from Home Expenses Rule

The Australian Taxation Office has announced special arrangements this year – and it affects everyone working from home due to the coronavirus crisis.

       

A shortcut method will allow people to claim a rate of 80 cents per hour, instead of calculating costs for specific running expenses as taxpayers would, under normal circumstances.

Multiple people living in the same house can claim this new rate individually.  It is no longer a requirement to have a dedicated work from home area in order to claim from 1 March  to 30 June.

The person MUST keep a record of hours worked from home.

The existing rules for claiming home remain available.

Of importance today – keep a record of hours worked at home starting 1st March 2020.

 

 

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