• Insights

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21 May 2020

On 14 May 2020, the National Disability Services published a document in which the Australian Taxation Office confirms that payments to charities for providing National Disability Insurance Scheme services are not ‘government income’ and therefore cannot be excluded when calculating their...

/en-au/insights/tax/technical-updates/ato-confirms-ndis-income-is-included-in-turnover-test-for-jobkeeper-payment-scheme
05 May 2020

On 1 May 2020, Treasury registered the legislative instrument ‘Coronavirus Economic Response Package (Payments and Benefits) Amendment Rules (No. 2) 2020’ (Amending Rules No. 2) which gives effect to previously announced amendments to the JobKeeper payments scheme.

/en-au/insights/tax/technical-updates/amendments-to-jobkeeper-scheme-including-modified-turnover-test-for-groups-and-ato-guidance-on-schem
27 April 2020

On 24 April 2020, the Government announced amendments to its JobKeeper payments scheme to address unintended consequences and to clarify the operation of the Program. The ATO also registered a legislative instrument to facilitate the alternative test for fall in turnover for several classes of...

/en-au/insights/tax/technical-updates/amendments-to-jobkeeper-program-and-extensions-for-enrolment-and-payment-for-first-two-fortnights
24 April 2020

On 23 April 2020, a legislative instrument ‘Coronavirus Economic Response Package (Payments and Benefits) Alternative Decline in Turnover Test Rules 2020’ was registered by the ATO, which facilitates an alternative test for fall in turnover for a class of entities where there is no appropriate...

/en-au/insights/tax/technical-updates/ato-legislative-instrument-on-jobkeeper-alternative-test
09 April 2020

On 8 April 2020, legislation was introduced into and passed both Houses of Australian Federal Parliament, containing measures to implement the Government’s ‘JobKeeper payments’ wage subsidy scheme in response to the coronavirus (COVID-19), which is intended to encourage employers who might make...

/en-au/insights/tax/technical-updates/legislation-with-covid-19-jobkeeper-wage-subsidy-payments-scheme-passed
07 April 2020

Employers, who have historically underpaid superannuation guarantee (SG) to employees, must apply by 7 September 2020 to make disclosures during a one off amnesty to avoid penalties. There will be no extension beyond 7 September 2020 to make voluntary disclosures to receive amnesty benefits. On...

/en-au/insights/tax/technical-updates/ato-offers-superannuation-guarantee-amnesty-covid-19-payment-plans
30 March 2020

On 30 March 2020, the Australian Government released its third economic response to the coronavirus (COVID-19) which includes a new wage subsidy plan - ‘the JobKeeper payment scheme’. Please refer to this BDO Tax Technical Update for detail on the basic turnover tests, this BDO Tax Technical...

/en-au/insights/tax/technical-updates/governments-economic-response-to-covid-19-includes-jobkeeper-payments-scheme
27 March 2020

On 22 March 2020, the Australian Government released its second economic response to the coronavirus (COVID-19) worth $66.1 billion, with new tax measures for small to medium enterprises, individuals and corporate directors.

/en-au/insights/tax/technical-updates/governments-economic-response-to-covid-19-includes-relief-for-individuals
25 March 2020

On 12 March 2020, the Australian Government released its economic response to the coronavirus (COVID-19). The ATO also released a series of administrative concessions for taxpayers.Please refer to this BDO Tax Technical Update for more detail. During the days after, Australian States and...

/en-au/insights/tax/technical-updates/australian-states-deliver-economic-stimulus-packages-in-response-to-coronavirus-including-tax-measur
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