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Tax News


Tax News: Etax Announcements | Income and Economy | The ATO and Government


Can’t work due to COVID? What help is available?

Woman with mask on in self isolation

What do you do if you can’t work due to Covid? Thousands of Australians have been driven into self-isolation due to the latest Covid strain. Many businesses have been forced to close or reduce hours due to staff shortages and high infection rates. Luckily there is some help out there to help you stay afloat […]

Government Tax Cuts Extended

Low and middle income tax offset

The 2022 Budget threw in a few perks for businesses but the one that around 10 million taxpayers will appreciate, is the decision to increase the tax offset for low and middle income earners. The Low and Middle Income Tax Offset, often referred to as the LMITO, has been increased for the 2021-2022 income year […]

How to claim personal super contributions on your tax return

Personal superannuation contributions and tax

Add money to your superannuation and score a tax savings today! How good does this sound? Let’s explain how to claim personal super contributions on your tax return. Most Australians know that super is money for retirement. What’s less well known is: You don’t solely have to rely on your boss’s contributions to grow your […]

Tax Cuts Announced for 2020-21

Federal Government brings forward tax cuts for the 2020-21 financial year To stimulate a struggling Australian economy, the Australian Federal Government has brought forward Stage 2 of their planned tax cuts and back dated them to 01 July 2020. The cuts originally penned to come into effect July 2022, will now take place in the […]

The Medicare Levy

medicare levy surcharge

What is the Medicare Levy? Have you ever looked at your Notice of Assessment or a tax refund estimate and seen a line for the Medicare levy? Not sure what it is? Don’t worry, you’re not alone and this article explains exactly what the Medicare levy is, and who has to pay it. For most […]

Tax Information for the Coronavirus Pandemic

Coronavirus Tax Information

Countless Australians have been affected by the COVID-19 pandemic. In response, the Australian Government has implemented a series of assistance measures for the purpose of helping those experiencing financial difficulty. Please read our tax guide for the coronavirus pandemic below for assistance. And if you work from home now, don’t forget you can also claim […]

What is the JobKeeper payment? Are you eligible?

how to apply for the JobKeeper payment

As the COVID-19 pandemic worsens, the government has announced the JobKeeper payment aimed to ensuring as many Australians as possible stay employed. Not to be confused with the JobSeeker payment for those people out of work, the JobKeeper payment is a payment for employers to help keep employees on their books. How does the JobKeeper […]

How to survive the lock-down. Your guide to turning it into a positive

With all the social distancing and lock-down measures in place, how do you keep your mind occupied and engaged? For some people, being at home is bliss. For others, it’s hard to stay focused on anything. But time at home can be a valuable chance to reflect, connect and plan for the future. There are […]

Did COVID-19 turn you into work at home parents and teachers?

Temporary work at home parents-come-teachers. A few tips for navigating this new landscape. As 2020 dawned, no one in their wildest dreams expected the unprecedented global shift that COVID-19 has brought about. With many of us still trying to grapple with having our lives literally locked down, a significant number of us took our jobs […]

Lost your job due to Covid-19? What now?

What do you do if you’ve lost your job? Just a few months ago very few people had ever heard of Coronavirus but now that virus has literally and completely changed the way we live. With so many businesses shut down or reducing hours, thousands of people now face unemployment, or are struggling to make […]

How to apply for Jobseeker Payments (or other coronavirus stimulus payments)

How to apply for Coronavirus Stimulus Payments

Loosing your job is a stressful enough event on it’s own, take into account the global COVID-19 pandemic and the last thing you will want to have to deal with is the process of applying for a jobseeker payment at Centrelink. It is not easy to navigate the myGov or the Centrelink website. To make […]

Coronavirus Stimulus Information for Small Businesses: Everything small businesses need to know

small business stimulus Coronavirus

The devastating coronavirus pandemic has hit small businesses hard. As a result, a number of sole traders are without work and many small businesses closed their doors and let go staff. Consequently, the Australian Government recently issued two rounds of stimulus packages to help business owners. The first stimulus package on 12 March included a […]

Coronavirus Stimulus for Individuals: Here’s everything you need to know.

stimulus package for individuals

In the wake of the COVID-19 pandemic many Australians are currently facing severe financial hardship due to loss of employment or income. Therefore, the Australian Government has responded with two rounds of coronavirus stimulus for individuals. The first announcement on 12 March included a $17.6 billion stimulus package for individuals and businesses. The second announcement, […]

Work From Home Tax Deductions – How to Get it Right

A woman working from home

Covid-19 meant so many people made the switch to work from home. Many of our own staff included! In fact as I write this, I’m in my new make-shift home office. Here’s the good news: Work from home tax deductions could mean a bigger tax refund this year! If work from home is your “new […]

Worried about job security? Up-skill to protect yourself!

Workplace change is nothing new. Plenty of jobs that used to be common just don’t exist anymore. Up-skilling to protect your job you already have seems tough but it’s become the norm across many industries. When was the last time you saw a milkman doing the rounds? (Or, have you ever seen a milkman?) The […]

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