MYOB – Updated Tax Tables Are Available Now
legistation
  • November 04, 2020

MYOB – Updated Tax Tables Are Available Now

MB+M Compliance Team advise that MYOB updated tax tables available are now.  These new tables resulted from recent changes to personal income tax thresholds introduced by the Federal Government. In releasing the new tax tables the ATO has advised that these will apply from 13 October, 2020.

JobKeeper Extension Focus Areas Identified by ATO
  • October 30, 2020
JobKeeper Extension Focus Areas Identified by ATO

JobKeeper extension focus areas identified by ATO.  In the announcement the ATO stated it will keep a particularly close watch on businesses that have apparent irregularities in their GST turnover as well employers claiming the higher subsidy rate.

The JobKeeper Directives + Fair Work Changes
  • September 04, 2020
The JobKeeper Directives + Fair Work Changes

On 1 September 2020, legislation to extend the JobKeeper scheme passed Parliament. As part of this, the JobKeeper provisions in the Fair Work Act were also extended with some changes. The extended provisions take effect from 28 September 2020. The last day the extended provisions will apply is 28 March 2021. The extended provisions take effect from 28 September 2020. The last day the extended provisions will apply is 28 March 2021.

.The above is a very comprehensive guide to JobKeeper and associated Fair Work provisions. These can be convoluted and confusing. If you have questions, or need help, call MB+M on 03 5821 9177 and speak with a Business Services Advisor

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