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20.09.2020
JobKeeper 2.0 rules released
Treasurer Josh Frydenberg has now registered the new rules governing the extension of the JobKeeper payments, with ATO guidance set to follow. The Coronavirus Economic Response Package (Payments and Benefits) Amendment Rules (No. 8) 2020 legislative ...
20.09.2020
Business group slams Victoria’s payroll tax deferrals, calls for exemptions instead
Business groups have balked at the Victorian government’s $1.7 billion payroll tax deferrals, arguing the state should scrap the charges over the next year rather than delaying them. Outlined as part of Victoria’s $3billion business support package, the ...
20.09.2020
Changes would be an important part of coronavirus recovery program
Australia should resist imposing stricter migration policies in the wake of COVID-19 and instead promote the entry of global talent who can help spark economic recovery, one study recommends. While top talent hubs like the US are implementing tougher ...
13.09.2020
David Jones and Country Road confirm $3.7m underpayment
More than 7000 staff members across David Jones and Country Road have been underpaid $3.7 million over the last six years, according to the businesses parent company Woolworths Holdings. The payment error was found in late 2019, and a subsequent audit ...
13.09.2020
IBM repays Aussie staff $12M
IBM has repaid 1,647 Australia staff $12.3 million after admitting to underpaying them for almost a decade. The global tech giant has entered into an enforceable undertaking (EU) with the Fair Work Ombudsman (FWO) to back-pay the employees, many of whom ...
13.09.2020
ATO settles JobKeeper ordinary income debate
The ATO has clarified that JobKeeper payments are considered ordinary income but will not count towards the calculation of an entity’s aggregated turnover. The Tax Office has now updated its web guidance to confirm that while JobKeeper payments are ...
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