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The government extends the time for early access to super due to the pandemic.

Superannuation refers to a special provision made by the Australian government to motivate people living in Australia to save funds for their post-retirement phase. It can be referred to as a pension plan or a type of employment funded pension, which is partly mandatory in Australia and enjoys tax benefits. Australia, too, hasn’t been unaffected […]
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Accounting profession latest JobKeeper 2.0 Regulations

The Government of Australia declared six-month extension to its Job Keeper Program whose expiry was scheduled on 27 September. JobKeeper 2.0 will experience diverse payment rates, and likewise, the eligibility requirements too would be different till March 2021. Job keeper payments are also subjected to reduction from 28 September 2020 to 3 January 2021 with […]
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Get quick tax refunds by understanding the right way to file your returns: ATO

ATO has announced a big refund on tax returns after the outbreak of global pandemic ‘Coronavirus.’ Resulting in, lots of Australians are anticipating more refunds than ever before. But if you don’t want to fall into the tax trap, which may prove costly to you, some crucial points become essential to note down in your […]
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How To Claim Tax Offset Up To $2160? What Are The Income Parameters For It?

How Covid-19 has battered the economy, isn’t hidden from all of us. All are well-acquainted with this hard-hitting situation that has introduced us with a depressing recession time. Therefore, the Australian government is striving hard to help people with lots of initiatives, and Tax Offset is one of them. Owing to claim Tax Offset, which […]
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