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Lotus Smart Finance
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11.01.2022 The Morrison government will fund grants worth $25,000 for eligible singles and couples planning to build or renovate homes between June and the end of December, with the uncapped program estimated to cost taxpayers $688m. To be eligible for the grants, singles need to earn $125,000 a year or less based on a 2018/19 tax return or later, and couples need to earn under $200,000. Building contracts need to be executed between 4 June and 31 December 2020. To qualify, people need ...to be intending to build a new home as a principal place of residence valued up to $750,000 including the land, or planning to renovate an existing property, with the upgrade valued at between $150,000 and $750,000. https://mobile.abc.net.au/news/?pfmredir=sm
09.01.2022 We provide a range of Tax Services for businesses. Learn more about how we can help you: https://www.lotussmart.com.au/
02.01.2022 The Commissioner has extended the time to enrol for the initial JobKeeper periods, from 30 April 2020 until 31 May 2020. https://www.ato.gov.au/General/JobKeepe...r-Payment/ The Job Keeper payment is a @130 billion stimulus packages announced by Australian government to support businesses and their employees affected by COVID-19. We know there has been confusion around who is and isn’t eligible, how you can apply, and what are the reporting obligations. Contact us today if you need to know that the job keeper means for your business.
