Tax Store Manor Lakes New Office Opening
We congratulate our franchise partner Juliefe from Tax Store Manor Lakes for her new office opening at Manor Lakes Shopping Central.
JOBKEEPER REGISTRATION UPDATE 15.04.2020
You can apply for JobKeeper payments yourself or please contact us at Tax Store for information on the various Emergency Relief Packages available to our clients.
Individual or corporate trustee for your SMSF?
When establishing a self managed superannuation fund (SMSF), one central decision to be made early on is if the trustee structure is to consist of individual trustees or a corporate trustee. Between these choices, you can have up to four individual trustees, or one company that acts as trustee (with that incorporated body having up to four directors).
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Employers get an amnesty for missed super payments
It has been a long time coming, but a planned government amnesty for employers who have missed paying the superannuation guarantee (SG) to their employees has now become law. The amnesty was passed on 6 March 2020, and lasts until 7 September 2020.
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e-bikes, FBT, and salary sacrificing
Entering into a remuneration package to secure a vehicle through a salary sacrifice arrangement is a popular option offered to employees. However the ATO has issued a ruling on another particular set of wheels that opens up both a tax and health incentive.
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JobKeeper Subsidy announced 30 March 2020
As of yesterday, the government announced the $1,500 JobKeeper subsidy to help keep staff employed. To be part of the subsidy, employers will need to ensure that their employees receive at least $1,500 per fortnight (before tax).
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