Monthly Archives: June 2020

More flexibility for Parental Leave Pay from 1st July 2020

From 1 July 2020, parents accessing the Government’s parental leave pay (PPL) scheme will have greater flexibility and options.  The changes introduce a new flexible paid parental leave pay period of 30 days, assisting the self-employed and small business through … Continue reading

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Instant Asset tax write-off extended

The Instant Asset Write-off, which was enhanced as part of the Federal Government’s COVID-19 stimulus measures, and was due to end on 30th June 2020, has been extended to 31st December 2020.  This tax incentive provides a 100% tax deduction … Continue reading

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The $25,000 HomeBuilder Grant

The Government has announced tax-free  grants of $25,000 to encourage eligible owner-occupiers, including first home buyers, to build a new home or substantially renovate their existing home.  It is not accessible to owner builders, developers or investors. Individual eligibility To … Continue reading

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