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COVID-19

Business news and views from Accountancy Group

Pandemic Leave Disaster Payments rules change

The rules for the Pandemic Leave Disaster Payment, the payment accessible to those who have lost work because they have had to self-isolate with COVID-19, or are caring for someone who contracted it, changed on 18 January 2022.The new rules change the definition of a close contact in line with […]

By |16 February, 2022|COVID-19|Comments Off on Pandemic Leave Disaster Payments rules change

SMSF COVID-19 Audit Relief Extended

The ATO has extended COVID-19 relief for SMSF trustees. The relief measures, which protect trustees from COVID-19 related contraventions of the super laws, now extend from the 2019-20, 2020-21 and 2021-22 financial years. The relief measures provide:

Residency relief where the pandemic has prevented members from returning to Australia. This measure prevents […]

By |23 November, 2021|COVID-19|Comments Off on SMSF COVID-19 Audit Relief Extended

Unwinding COVID-19 Relief

COVID-19 support will roll back as states and territories reach vaccination targets.The National Plan, the road map out of COVID-19, does more than provide greater freedoms at 70% and 80% full vaccination rates, it withdraws the steady stream of Commonwealth financial support to individuals and business impacted by COVID-19 lockdowns […]

By |13 October, 2021|COVID-19|Comments Off on Unwinding COVID-19 Relief
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