The March 2020 issue of Tax Time Monthly covers SG Amnesty, Corona Virus Stimulus Package and FBT tips.
Preparing for Business Disruption is a very real issue many QLD businesses are facing at the moment. To read more about how your business can strategically prepare for business disruption, click here.
The Queensland government has recently announced some initiatives for businesses impacted by the effect of COVID-19 (coronavirus). Two key announcements are: 1. Deferred payroll tax payments 2. Immediate Industry Recovery Package
The Australian Parliament has passed new legislation allowing concessions to those employers who have underpaid Superannuation Guarantee (SG). If you have outstanding superannuation obligations you have from 26 May 2020 to 7 September 2020 to self-report SG non-compliance and apply to the ATO for amnesty.