The Next Move – July 2026
In this issue
- Two Jobs, One Tax-Free Threshold
- Negative Gearing — What Actually Changes
- Buying Property In Your Super Fund? A Deadline You Need To Know About
- The 30% Floor On Capital GainsTwo Jobs, One Tax-Free Threshold
Covid-19 Government Stimulus Response – JobKeeper 1.0 & JobKeeper Extension 2.0
Government announces changes to JobKeeper
The latest amendment to the JobKeeper 1.0 rules has been released. From Monday 3 August 2020, the employee eligibility test date will move from 1 March 2020 to 1 July 2020. The new reference date will apply for the last four fortnights of the legislated scheme as well as the duration of the proposed extended period.
Covid-19 Government Stimulus Response – JobKeeper Payment Extension
Government announces changes to JobKeeper
On 21 July the Government announced it is extending the JobKeeper Payment for a further six months until 28 March 2021 and is targeting support to those businesses and not-for-profits who continue to be significantly impacted by the Coronavirus.
An Update On Cyber Security, Resilience And Your Privacy
As the events of COVID-19 have demonstrated – and indeed, this week’s major news around state-sponsored ransomware attacks and data theft directly on Australia – our personal privacy, the protection of our financial information and even our very identities, has never been more crucial.
It has become so important to ensure we’re doing everything we can to protect ourselves from those threats that would have our privacy opened up on the dark web. Business owners have an even greater responsibility for both their own and their client’s privacy.
Yet so often, not enough is being done, because so often, people don’t know where to turn.
Employer Superannuation Guarantee Obligation Amnesty
Are you, or anyone you know, not up to date with their Employer Superannuation Guarantee Obligations?
If so, the current Amnesty Relief measures will be of benefit to you.
JobKeeper Payment – Ongoing Reporting
This information is intended for those businesses that are currently receiving JobKeeper payments, or for those who anticipate they will be entitled to the JobKeeper payment for the month of May 2020 and have not previously been eligible.
Please feel free to share this amongst your colleagues.
There are a number of keys steps required to continue to receive the JobKeeper payments.
South Australian Land Tax Changes
This information is for land owners in South Australia. If the only land you own is your family home, owned in your/spouse’s personal name, the changes will not affect you.
This may not be applicable to your circumstances at present, however, please feel free to share this with any family, friends or colleagues.