by wladvisory | Sep 24, 2020 | Monthly Tax Updates
WL Advisory welcomes the JobKeeper extension rules released by the Treasurer and the ATO’s early guidance on the rules. However there will still be challenges for businesses and their accountants when trying to determine if their employees are eligible for the... 
by wladvisory | Sep 4, 2020 | Monthly Tax Updates
With many having received cash flow boost and JobKeeper payments, there can arise some unique issues where these amounts are received within a trust or company. The cash flow boost and JobKeeper payment have been flowing to eligible businesses for some time now. These... 
by wladvisory | Jul 27, 2020 | Monthly Tax Updates
The JobKeeper payment, which was originally due to run until 27 September 2020, will now continue to be available to eligible businesses (including the self-employed) and not-for-profits until 28 March 2021. The payment rate of $1,500 per fortnight for eligible... 
by wladvisory | Jul 3, 2020 | Monthly Tax Updates
As with many elements of the economy in these days of the coronavirus epidemic, it is not only taxation and superannuation dealings that have been touched by the COVID-19 virus — the rules governing employment transactions, for both employers and employees, have also... 
by wladvisory | Jun 17, 2020 | Monthly Tax Updates
This financial year is almost over, but there are still effective strategies you may be able to employ to make sure you pay the right amount of tax for the 2019-20 year and maximise any refund entitlement. This is still, if not more so, the case in the current... 
by wladvisory | May 27, 2020 | Monthly Tax Updates
What are the remedies for an employer where the employee unwilling to work additional hours equivalent to the $1,500 per JobKeeper fortnight?The employer can request that the employee work additional hours but cannot enforce it. Additionally, the employer has all the...