Update Friday 2 October
For your employee to meet the 80-hour threshold it is generally based on how many hours they worked (including paid leave or paid public holidays) in either of the following periods:
the 4 weeks (28 days) of pay periods before 1 March 2020, or
the 4 weeks (28 days) of pay periods before 1 July 2020.
If your eligible employee satisfies the 80-hour threshold, you can claim the tier 1 (higher) payment rate for them. If they do not meet the 80-hour threshold, you can only claim the tier 2 (lower) payment rate for them.
If you have incomplete records of your eligible employee’s total hours, there are some circumstances where the ATO will allow you to claim the tier 1 payment rate for them.
For more helpful information, please click the link below.
Source and credit: ATO.gov.au
The team and I would like to acknowledge the difficulty many of you are facing during these challenging times and we understand the complexities around personal and financial issues. We are here to support you.
With COVID19 regulations changing, I am now able to see clients at the office.
To make an appointment, please either email or contact one of our team. Zoom meetings will continue to be offered as an alternative.
I look forward to seeing you.
Source and credit : ATO.gov.au
We are closed this Monday, 6 October for the Labour day long weekend.
As always, we are contactable either by email or via our website and one of our team will get back to you on Tuesday, 7 October.
We wish you a peaceful weekend.
21 October 2020 September monthly BAS due
28 October 2020 September quarter SG due
28 October 2020 September quarterly BAS due
28 October 2020 September quarter PAYG instalment due
As always, we are here to support you and answer any questions you may have.