Fuel Tax Credit
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Simplified fuel tax credits

Coming into effect from 1 October 2020, the Commissioner of Taxation is allowing a simplified method for some claimants of fuel tax credits (FTC) on heavy vehicles. This change is one of a few options now available for businesses looking to…
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Corporate Residency

Amendments to the corporate residency test have been drafted in an effort to partly move away from current administrative guidance which relies heavily on the physical location of directors. Currently, a foreign incorporated company is deemed…

Jobmaker Hiring Credit Scheme

The Government is introducing a JobMaker Hiring Credit scheme for new employee positions created by eligible employers. The scheme will run from 7 October 2020 to 6 October 2022 and will have a maximum claim period of 12 months per eligible…
Federal Budget 2020
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2020/21 Federal Budget Highlights

The Federal Treasurer, Mr Josh Frydenberg, handed down the 2020/21 Federal Budget at 7:30 pm (AEDT) on 6 October 2020. Australia’s economic response to the COVID-19 pandemic in the form of the original and extended JobKeeper scheme, the…
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JobKeeper legacy employers

Legislation relating to the extension of the JobKeeper Payment scheme has been introduced into parliament and is expected to pass early September 2020. The extension of the scheme will allow additional assistance to eligible employers from 28…