Author: Alessandra

About time someone acknowledged accountants!!!!! Wow. I have been saying the things pointed out in the article below for the last 3 months. I think accountants have been the forgotten profession in all this since the whole system is reliant on accountants and tax agents to make the government incentives work. What annoys me the…

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Coronavirus Update #2

Federal Government offers $130b in coronavirus wage subsidies for businesses to pay workers Businesses will receive a fortnightly wage subsidy up to $1,500 per employee as part of a Federal Government bid to prevent millions of people from losing their jobs to the coronavirus pandemic. Key points: • The Government expects up to 6 million…

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Coronavirus Update #1

Coronavirus Special Update March 2020 Government’s Stimulus Package in response to the Coronavirus At PSATS, we have been asked many times for advice regarding the implications for our clients of the government’s initiatives regarding the Coronavirus’ impacts on businesses and individuals. The following is a broad summary of the key aspects of the Federal Government’s…

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Personal superannuation contributions 2019

You may be able to claim a deduction for personal superannuation contributions that you made to your superannuation fund or RSA provider from your after-tax income, for example, from your bank account directly to your superannuation fund. You cannot claim a deduction for superannuation contributions paid by your employer directly to your superannuation fund or RSA provider from your before-tax income…

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March 2019 BAS Extension Deadline

26 May Lodge and pay eligible quarter 3, 2018–19 activity statements if you lodge electronically. This is the extended deadline for BAS clients we lodge electronically. So if you haven’t done your latest BAS please contact us to arrange a time to get it processed and lodged. If you want to lodge your BAS yourself, it must…

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