Butlers Blog

t’s that time of year again…. although these are unprecedented times, it is time to start preparing to finalise the financial year 2020 to complete budgets and scenario modelling for the new financial year. Effective tax planning reduces tax payable ...

The Currumbin Wildlife Sanctuary needs your help to keep the door open at the Wildlife Animal Hospital through the Currumbin Wildlife Hospital Foundation's 2020 Tax Appeal. Butlers Accountants has recently helped out by becoming a Corporate Sponsor ...

The $150,000 instant asset write-off will soon revert to its original threshold of $1,000 in just over four weeks, with businesses urged to consider the measure ahead of the end of financial year. Announced in the first round of the  of th...

The Australian Commissioner of Taxation has extended the time to enrol for the initial JobKeeper periods, from 30 April 2020 until 31 May 2020. If you enrol by 31 May you will still be able to claim for the fortnights in April and May, provided...

The ATO have released new payment and lodgement dates for obligations that were previously due on 15 May 2020.   The Tax Office will now apply automatic lodgement and payment deferrals for company 2018–19 income tax returns to a new due date o...

One of the main concerns for employers wanting to enrol for the JobKeeper Scheme is that they have to make the $1,500 payments to employees before they are eligible to receive the JobKeeper Payment.  For many employers, this is simply impossi...

The Australian Government has introduced the JobKeeper payments to provide wage subsidy of $1500 per eligible employee per fortnight for businesses that are deemed sufficiently impacted by COVID-19. The wage subsidy is available in each of 13 fortnig...

State governments have announced a temporary reduction in land tax for commercial properties as they prepare to legislate the federal government’s commercial tenancy code of conduct announced last week. Queensland and NSW will both provide up to a...

On 8 April 2020, the Australian Federal Government released and passed legislation relating to the JobKeeper payments and other support measures relating to the COVID-19 (Coronavirus) lockdowns. The JobKeeper payments legislation establishes a fr...

The ATO is making it easier for Australians working from home to claim deductions for additional running expenses while working from home. The ATO will allow individuals to claim a deduction for all running expenses incurred during the period 1 Mar...