What home office expenses am I allowed to claim now I’m working from home?

If you work part of all of your job from home, you may be able to claim a deduction for the costs incurred in running your home office in your next Tax Return. Even if the room is not set aside solely for work-related purposes.  Since the outbreak of Coronavirus in Australia, the Australian Tax Office (ATO), has announced unique rules to make it easier for people to claim deductions…  Read more

What is the JobKeeper Alternative Test?

  Wondering what to do if you don’t meet the Basic Decline in Turnover Test requirements for JobKeeper? The ATO has released its guidelines for the Alternative Decline in Turnover Test  which are available now on the ATO website. In an effort to simplify the guidelines, we’ve summarised the rules for the test in this article. It’s important to note, the alternative test only applies when an entity fails the…  Read more

Public holidays and paying stood down employees

It’s stated pretty clearly on the Fairwork Australia website, “Employees that are stood down remain employed during the period of the stand down.” This means employees who are stood down by their employer under the Fair Work Act are entitled to be paid for public holidays that occur during the stand down period. This is applicable only if the public holiday falls on a day the employee would have usually…  Read more