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Additional Support During COVID-19 By The ATO

To deal with the financial and income issues due to the pandemic, ATO Australia is offering additional support to help you during this difficult time. There are many lodgements, payment, instalments, and record options available to help you in COVID-19. Some of these include: Super Payments According to the law, all employers need to meet […]

Business Recovery and Resilience Mentoring

To help the small businesses in navigating the economic challenges due to COVID-19 restrictions, the Victorian Government is partnering with the Victorian Chamber of Commerce and Industry (VCCI) to deliver a business mentoring program. This program allows the eligible business owners to receive up to four 2-hour mentoring sessions conducted by the industry experts to […]

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 […]