May Newsletter Published 01.05.2020

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May 2020 Issue Covered

  • CAPITAL GAINS – Topics included;
    – CLAIMING COVID WORK-AT-HOME DEDUCTIONS
    – EXPENSES THAT CAN BE CLAIMED
    – EXPENSES NOT WITHIN THE COVID-19 AMBIT
    – CALCULATING RUNNING EXPENSES
    – SHORTCUT METHOD
  • Your Business and the JobKeeper Scheme – Topics included;
    – Eligibility
    – Steps to Enrol
  • Alternative Turnover Test for JobKeeper Released 
  • COVID-19 instant asset write off and accelerated depreciation
  • Early Release from Super a Relief, but comes with risks – Topics included;
    – TEMPORARY EARLY RELEASE OF SUPER
    – TEMPORARILY REDUCING MINIMUM DRAWDOWN
  • Here’s what attracts the ATO’s Attention About Luxury Car Tax – Topics included;
    – Common errors
    – What attracts ATO attention

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