ACT: New Residential Tenancy COVID-19 Relief

The present COVID-19 situation and the lockdown restrictions have impacted many lives and households in the Australian Capital Territory in one or other ways that are causing financial distress to the residents. As a result, there are many tenants and landlords having a hard time meeting their rental agreements. To prevent the drastic effects of […]

ATO: Re-contribution of COVID-19 Early Release Super Amounts

COVID-19 re-contribution amount is a form of personal contribution that is excluded from an individual’s non-concessional contribution cap. The Australian Taxation Office (ATO) has advised that individuals can now re-contribute amounts they withdrew under the COVID-19 early release of the super program without counting towards the non-concessional contributions cap. According to the ATO, these contributions […]