COVID-19 Updates

owner operator

Wage Calculation

Annual Wage Review 2019-20 – 1.75% increase across three dates

On Friday 19 June 2020, the Fair Work Commission’s Expert Panel (Panel) released its decision regarding the Annual Wage Review 2019-20. The decision was much anticipated, considering the impact of the...

Fuel Tax

Save the date: Fuel tax credit rates indexation – 3 August 2020

Save the date! The Australian Tax office (ATO) has announced the next indexation of the fuel tax credit is expected to be live on the 3 August 2020. The indexation of fuel tax credit rates is based on...

Wage Calculation

Fair Work Commission Decision: Annual Wage Review 2019-20

The Fair Work Commission’s Expert Panel (Panel) handed down its Annual Wage Review 2019–20 decision this morning. This decision granted a 1.75% pay increase to Australia’s minimum wage (NMW) reliant a...

Work from home

Working from home tax deductions

The ATO has introduced a simplified method for claiming deductions for anyone working from home as a result of COVID-19. Between 1 March and 30 June 2020, taxpayers will be able to claim 80 cents per ...

Heavy Vehicle Charges

Time to deliver – HVRR

Request for engagement, feedback and comments The Transport and Infrastructure Council has asked for public consultation on a proposed new system for setting and investing heavy vehicle charges. Gover...

Protecting Regional Businesses

Backing small regional businesses affected by COVID-19

Great news as the Australian Government has committed more than $4.7 million to provide small regional businesses affected by COVID-19 with access to free and confidential financial counselling. The a...

Fair Work Commission

Commission removes archaic award provision

As of 11 June 2020, award terms that the Fair Work Commission described as “vague and uncertain” and “ambiguous and impractical” will be removed from the Transport Awards. For a long time, the Road Tr...

Pay your Super

What to do if you couldn’t pay super on time

COVID-19 has had a significant financial impact on small businesses. The regular payments that you’re normally able to keep up with may be missed or not paid in full, such as your employees̵...

JobKeeper Update

Monthly reporting for JobKeeper payments

Businesses that have enrolled for the JobKeeper Payment and identified their eligible employees will need to make a business monthly declaration to the ATO. A registered tax professional can also do t...