Deductions - Please provide evidence
Tax offsets/rebates - Please provide evidence
Other relevant information - Please provide evidence
Click here for document: 2020 Individual Income Tax Return Checklist
2019/2020 Individual and Business Tax Return Checklist - NTAA
Tax saving strategies prior to 1 July 2020
Common claims made by individuals
Information Required
Maximising deductions for non-SBE taxpayers
Maximising deductions for SBE taxpayers
Click here for document: 2019/2020 Individual and Business Tax Return Checklist - NTAA
NTAA Practice Update – June 2020
JobKeeper declaration due 14 June
ATO reminder for employers – Finalise STP data for 2020
Guidance on JobKeeper reporting via STP
COVID-19 and tax depreciation
reports – are physical inspections necessary?
Important ATO lodgment and payment deferrals - NTAA
Lodgment and payment deferrals
-Company 2018-19 income tax returns are now due by 5 June 2020.
-SMSF 2018-19 annual returns are now due by 30 June 2020.
- 2018-19 income tax returns for individuals, partnerships and trusts can be lodged by the 5 June 2020
- 2019-20 FBT annual returns has been automatically deferred to 25 June 2020.
Click here for document: Important ATO lodgment and payment deferrals - NTAA
State & Territory COVID-19 stimulus packages - NTTA
State & Territory COVID-19 stimulus packages, include NSW Small business grants for owners that are eligible for a grant of up to $10,000, Payroll tax relief and deferrals are available etc.
Click here for document: State & Territory COVID-19 stimulus packages - NTAA
The JobKeeper Payment Scheme - NTAA
The JobKeeper Payment is a wage subsidy that will be paid through the tax system (i.e., it will be administered by the ATO) to eligible businesses impacted by the Coronavirus. Under the scheme, eligible businesses will receive a payment of $1,500 per fortnight per eligible employee and/or for one eligible business participant (i.e., an eligible sole trader, partner, company director or shareholder or trust beneficiary). The subsidy will be paid for a maximum period of six months (i.e., from 30 March 2020 up until 27 September 2020). It will be paid to eligible businesses monthly in arrears, with the first payments to employers commencing from the first week of May 2020.
Click here for document: The JobKeeper Payment Scheme - NTAA
