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...
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...
NOVEMBER UPDATE: TSP Accountants have reopened their offices and all staff are now operating from our King St location. Please contact us for an appointment on admin@tspaccountants.com.au or our office number 49264155 SEPTEMBER UPDATE: TSP Accountants will continue to...
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...
This week the State and Federal Government announced payments for workers and business who have been impacted by the current COVID-19 lockdown and restrictions. If You’re An Employee Workers will be able to apply for a $375 weekly payment if they have lost...
