Covid 19 Test Tax Deduction

From 1 July 2021 employees, sole traders and contractors may be able to claim the cost of Covid-19 testing. You would need to meet the following criteria: You used the test to determine if you can attend or remain at work. The brand and type of test was registered for use in Australia. You paidContinue reading “Covid 19 Test Tax Deduction”

Covid-19 Stimulus Voucher Scheme

The State government of NSW is launching its Dine & Discover voucher scheme in March. Every NSW resident will be given 2 x $25 vouchers to use at dining venues and 2 x $25 vouchers to be used for entertainment and recreation. You will be able to access your vouchers via the Service NSW appContinue reading “Covid-19 Stimulus Voucher Scheme”

30% Discount Bushfire & Covid-19 Frontline Heroes

Thanks to our bushfire and Covid-19 heroes! Discount is available to employees and businesses in; health care, aged care, emergency services, RFS volunteers, ADF personnel including reserves, hygiene services, food supply and essential retail. Terms and Conditions Offer available to all employees in the listed industries (eg. admin staff working in a hospital would beContinue reading “30% Discount Bushfire & Covid-19 Frontline Heroes”

Working from home?

Working from home or using your car to deliver products to homes? You may be entitled to tax deductions that you haven’t been previously. Now is the time to start keeping your records! Home Office Expenses If you’re working from homey may be able to claim for running expenses (detailed below) and/or use of yourContinue reading “Working from home?”

Second Federal Government Support Package

On Sunday 22nd March the Federal Government announced a second round of support to individuals and businesses as a result of the Covid-19 Pandemic. The following is a summary of the measures as they relate to individuals, sole traders and partnerships: Individuals who receive support payments (Jobseeker Allowance, Youth Allowance, Parenting Payment, Farm Household Allowance)Continue reading “Second Federal Government Support Package”

Covid-19 Government Stimulus Package

Details of the Federal Governments stimulus package to help get the Australian economy through the Covid-19 Coronavirus pandemic: The instant asset write off has been increased to $150,000. For capital items purchased from today 12th March 2020 until 30 June 2020 you will be able to claim an immediate deduction, no need to depreciate theContinue reading “Covid-19 Government Stimulus Package”