Work From Home Office Deductions
WFH expenses increasing your household overhead costs? For home-office deductions in Australia, the ATO offers three methods—Shortcut, Fixed Rate, and Actual Cost—each catering to different levels of expense and record-keeping requirements. Additional Expenses The shift to working from home due to the pandemic has led to additional expenses, which can be claimed as deductions according […]
Amnesty for Underpaid Superannuation
Employers can avoid penalties for super underpayments The new Treasury Law Amendment on Unpaid Superannuation provides amnesty for employers who voluntarily disclose superannuation underpayments, avoiding penalties and offering employees compensation Taking the confusion Away The Treasury Law Amendment on Unpaid Superannuation, effective March 6, addresses confusion from a 2018 amnesty and allows employers to avoid […]