News
Employers & job building
Reducing unemployment is a national priority. While the unemployment rate is expected to decline in 2021, further rises are expected as businesses restructure in response
HomeBuilder & the housing industry
The HomeBuilder scheme provides a tax-free grant to those building a new home or renovating. To date, around 27,000 homes are expected to be covered
December 2020 – Essential Tax Summary & Tax Due Dates
The first deadline for employers to elect to access the JobMaker Hiring Credit ends on 6 Jan 2021; we explore where the scheme is up
And on a personal note from our extended Fortis Family..
As we enter December, the summer of cricket is officially upon us. In the household of John Kalachian, one of the partners of Fortis Accounting,
NSW Budget 2020 Winners and Losers
On Tuesday night the Federal Government unveiled their big spending plan to navigate the economic disaster from the coronaviris crisis. Below are some of the big winners
JobMaker Hiring Credits: What We Know So Far
We’ve had quite a few questions about the JobMaker hiring credit announced in the 2020-21 Federal Budget. The legislation enabling the JobMaker scheme has not
Refunds for Tax Losses
If your company has made a loss, you may be able to claim a tax refund for tax previously paid on profits. In the 2020-21
November 2020 – Essential Tax Summary
From Government 2020-21 Federal Budget The 2020-21 Federal Budget was handed down on 6 October 2020, delayed from the usual time in May. Legislation has
November 2020 – Tax Due Dates
21 November Lodge and pay October 2020 monthly business activity statement. 25 November Lodge and pay quarter 1, 2020–21 activity statement if you lodge electronically. 28
JobKeeper: The next steps
The first tranche of JobKeeper ended on 27 September 2020. We look at the issues for those seeking to qualify for the second tranche of
Jobkeeper 2.0 – Alternative Tests
JobKeeper from 28 September 2020 The first tranche of JobKeeper ended on 27 September 2020. Those needing further support will need to reassess their eligibility
October 2020 – Essential Tax Summary
From Government JobKeeper 2.0 details confirmed for extension and alternative tests The Treasurer has released the detailed Rules governing eligibility for JobKeeper after 28 September 2020 (known
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