Author Archives: RDL Blog Administrator

COVID-19 PAYG instalment variations – welcome concession from the ATO

Taxpayers who are concerned about reducing their September 2020 tax instalments will be pleased with the lenient approach that the ATO will take, as it is hard to be accurate in projecting future income so early in the financial year. … Continue reading

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Hospitality industry grant opens

Applications are now open for the Victorian Government’s grants program to help hospitality businesses outside of the City of Melbourne prepare for COVID Normal, by creating safe outdoor dining spaces. Under the “Outdoor Eating and Entertainment Package”, eligible businesses can … Continue reading

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Could this be your JobKeeper 2.0 lifeline?

If you are feeling stressed thinking you will miss out on the next phase of JobKeeper, because you have failed the Decline in Turnover basic test, the next few paragraphs could be the stress-relief you need. Last Wednesday 23rd September, … Continue reading

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Victorian government grants – up to $20,000

Last week the Victorian government announced its latest stimulus measures. A key component is the Business Support Fund 3, which provides Victorian businesses and charities with grants ranging from $10,000 to $20,000. Applications for this grant opened on Friday 18th … Continue reading

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The JobKeeper Extension

In late July 2020, the Federal Government announced an extension to the JobKeeper measure beyond its 27th September 2020 conclusion date, with further measures announced in light of the recent COVID19 restrictions imposed in Victoria. At present, we are awaiting … Continue reading

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Superannuation Amnesty ending soon

The superannuation guarantee (SG) amnesty provides employers with a one-off opportunity to “self-correct” underpayments of superannuation for any period up to the March 2018 quarter, with minimal sanctions, and the ability to claim a tax deduction for the underpaid superannuation. … Continue reading

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$5,000 grants for business and charities

The Victorian Government recently introduced the Business Support Fund – Expansion, in response to the present Stage 3 “Stay at Home” restrictions announced in Victoria.  This program is a modified version of the previous $10,000 Business Support Fund grant, and … Continue reading

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Help available for holiday accommodation providers

In response to the recent COVID-19 lockdown in Victoria, the State government has announced a support program for holiday accommodation providers.  The Tourism Accommodation Support Program applies to eligible accommodation providers, including hotels, motels, caravan parks, camping grounds and private … Continue reading

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Director Identification Numbers are coming soon

If Elvis Presley or Bob Marley wanted to register as a company director in Australia, could they? That was the question asked by Senator Peter Whish-Wilson to ASIC commissioner John Price, during a meeting of the Parliamentary Joint Committee on … Continue reading

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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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