We have prepared a summary to help you understand what you're entitled to, and outlined what information you may require for your 2020 income tax return, to ensure your claims are supported by the correct documentation.
As at 31st March 2020, the Government announced an investment of $130 billion to subsidies wages in order to ensure Aussies keep their jobs and businesses reopen following the Coronavirus health crisis.
Highview Partner & CPA Dave Sheahan says, "The secret to surviving a down economy is cash flow. It’s important that you reduce and slow down cash outflows, and increase and speed up cash inflows."
To ensure the health and wellbeing of our staff and community, effective as of 6pm Monday 23rd March 2020 we will not allow any clients or external visitors to enter our office premises until further notice.
Just this week one of our staff members shared a positive email they received from their child’s school Principal and it resinated with us deeply, so much so, we wanted to share it with our community.
The spread of the novel coronavirus (COVID-19) has been the dominating news topic of 2020 so far. Australian health officials maintain that, at this point, the risk of contracting COVID-19 remains relatively low.
Our Financial Planner Bruce Chisholm has been inundated with this question since the Coronavirus outbreak. See his most recent response below, as at 22 March 2020.
