Aug 13, 2021 | COVID-19, Taxation
Most people would think that money provided by the Government to support people and business during a crisis would be tax free? Otherwise, it’s like giving money with one hand and then taking it away with the other, isn’t it? But, the tax laws don’t work like that. To...
Aug 6, 2021 | Coronavirus 2020, COVID-19
Supplied by the National Tax & Accountants’ Association Ltd: July 2021 On 13 July 2021, the NSW and Federal Governments announced their economic support package aimed at supporting businesses and residents to deal with the recent COVID-19 lockdown. Outlined...
Jul 30, 2021 | COVID-19, Employers, Taxation
If you worked from home during lockdown and spent money on work related items that were not reimbursed by your employer, you might be able to claim some of these expenses as a deduction – but not everything you purchase can be claimed. If you are claiming your...