JobKeeper 2.0 Alternate Turnover Tests
Check out our easy to use Alternate Test Calculator at https://www.mcaaccountants.com.au/download-files/9025/ With 4 days until JobKeeper 2.0 begins, the Government has released the alternate tests available to businesses when working out if they have suffered
Further JobKeeper 2.0 Clarity
This follows our previous post which can be read at https://www.mcaaccountants.com.au/resources/blog/vic-covid-support-jobkeeper-update/. Further clarification – but still not complete clarification – on the operation of JobKeeper 2.0 was released by the Government on 15 September 2020.
Vic COVID Support + JobKeeper Update
We thank all our clients for their patience during these uncertain times.Over the weekend, the Victorian Government announced a support package for businesses and along with these details we also have a JobKeeper update. Victorian
Phoenix alert: Government warns directors
When a company has failed or becomes insolvent, it is perfectly legitimate to register a company to take over what is left of that company after liquidation. The directors of the failed company may have
Tax time focus areas for individuals
It’s tax time again, as you gather your receipts and other assorted tax documents, you should also turn you mind to what the ATO is paying close attention to this year. This year, the ATO
ATO focus areas for businesses
A recent interview with Tax Commissioner Chris Jordan revealed details of what the ATO will be paying particular attention to this year. Perhaps not surprising, but the ATO will be targeting businesses that deal in
When is early release of super legal
Most people know that superannuation cannot be accessed until retirement or in exceptional circumstances. These exceptional circumstances have caused considerable confusion and allowed unscrupulous individuals to promote illegal schemes to access super early to pay
Airbnb and home sharing: Taxing implications
Do you rent out a part of your home, or a holiday home, on Airbnb, Stayz or another sharing site? Perhaps you see this as a way of making a little extra income to help
Beware of the SMSF death trap
It is said there are only two things certain in life, death and taxes, but what happens when they occur at the same time? Death of a loved one is not only a tumultuous time