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COVID-19 JobKeeper Extension | Phase 2

COVID-19 JobKeeper Extension | Phase 2 From 4 January 2021, businesses and not-for-profits should reassess their turnover to be eligible for the JobKeeper Payment. This extension period will run from 4 January 2021 to 28 March 2021. To be eligible, businesses and not-for-profits will be required to demonstrate that their actual GST turnover has significantly

HLB Cybersecurity report 2020

HLB Cybersecurity report 2020 In light of COVID effecting how we work moving forward – attached is a Cybersecurity report highlighting some areas for consideration in regards the changing work environment. The report is produced by the global HLB Network of Firms of which TNR is a member. Please contact your TNR Partner if you would

Quarterly Economic Update: July-September 2020

Quarterly Economic Update: July-September 2020 COVID-19 remained the big story of the last quarter. Tragically, by the end of September the pandemic had caused over one million deaths. That was up by 500,000 since the end of the previous quarter, and many countries were experiencing devastating ‘second waves’. While most of Australia managed to keep

COVID-19 and SMSF rental relief

COVID-19 and SMSF rental relief The Federal Government announced a six-month moratorium on evictions of commercial and residential tenants during the COVID-19 health pandemic. This moratorium (and its accompanying code of conduct leasing principles) will inevitably affect SMSFs, which are reasonably heavily invested in real property, according to statistics. Leasing principles A moratorium on evictions

Where you stand with vehicles and the boosted instant asset write off

Where you stand with vehicles and the boosted instant asset write off The extension of the instant asset write-off from $30,000 to $150,000 until 31 December 2020, as part of the Federal Government’s COVID-19 stimulus measures, provides an opportunity to look at its application to motor vehicles. Note that in addition to the higher write