For taxpayers having financial difficulties as a result of the economic downturn caused by Coronavirus, the Australian Taxation Office (ATO) will provide support. This includes more time to pay their tax debt and payment plans that may have zero or low interest.
As part of the new Economic stimulus in response to the COVID-19 pandemic, announced on 22 March 2020, early access to superannuation may be available to those affected by COVID-19.
Phase two of the Federal Government stimulus package includes measures to boost cashflow for employers to help retain staff and keep operating. This applies to businesses and Not-for-profit entities.
YBM have put together a simple explanation of who can claim, what you can claim and how.
YBM’s inclusion into the Australian Financial Review (AFR) Top 100 Accounting Firms 2019 confirms YBM’s position as one of the top regional accounting firms in Australia.
Don’t worry, the tips are here!
More and more workplaces are switching to remote working. The key to success in this way of working is staying connected to your employees.
The ATO has stopped short of making its small business independent review service a permanent feature as it expands and extends the pilot program until the end of the year.
As we continue to monitor the situation with COVID-19 (Coronavirus) we wanted to update our clients, friends and the community.
There will be times when circumstance will test your integrity and honesty. Never waver. Stick to your values and keep pushing on.
