James Murphy HR/IR

The new Industrial Relations omnibus Bill introduces reform in key areas, such as a new definition of casual employment and a move to criminalise wage theft. On 9 December 2020, the Federal Government introduced the Fair Work Amendment (Supporting Australia’s Jobs and Economic Recovery) Bill 2020 into Federal Parliament. This omnibus industrial relations Bill set out several key industrial relations reforms to …

Celebrating Christmas 2020

Joshua Easton Tax

Season’s greetings from the very merry team at bO2 Corporate Essentials! May Christmas bring a joyful end to the year, bright and filled with promise and be permitted our service bring fulfilment to you and your business in the coming year! Our last day of the year is Friday 18th December.  We will return on Monday 11th January 2021. Celebrating …

bO2 Supplementary Updates Ch 1 Annual Taxation Summary Manual

James Murphy Tax

CHAPTER 1 The Australian Tax System Update JOBMAKER PLAN – BRINGING FORWARD THE PERSONAL INCOME TAX PLAN While the tax scales contained in our annual publication were correct at the date of publication, COVID-19 resulted in the Federal Government delaying its 2020-21 Federal Budget until 6.10.2020. Here are the changes. The Government has announced that stage 2 of its Personal Income …

2020-21 Federal Budget

Joshua Easton Tax

Introduction… Budgets should not be only about cold hard figures or politics, but about people and creating quality life choices. As a nation, we welcome large financial injections to increase business investment which is constantly argued as the foundation for the recovery and ongoing job creation. By shifting from emergency support to targeted spending, the budget will help employers get …

Part 2 — JobKeeper Payment Rules for Employers and Employees (20.04.20)

Joshua Easton Tax

The JobKeeper Payment will support employers to maintain their connection to their employees. These connections will enable business to reactivate their operations quickly — without having to rehire staff — when the crisis is over. Simplified outline The JobKeeper scheme starts on 30 March 2020 and ends on 27 September 2020. A business that has suffered a substantial decline in …

The FWC Decision 09.04.2020 — Two New Clauses

Joshua Easton Tax

The Fair Work Commission handed down its decision this morning on the two new clauses to be inserted in 103 modern awards in relation to COVID 19. We’ve added this to our COVID-19 Economic Support Measures and Resources 

What is the JobKeeper scheme? Fact Sheet and FAQ’s – Updated legislation that passed parliament 08/04/2020

Joshua Easton Tax

The JobKeeper scheme will help employers who qualify for the JobKeeper scheme retain staff during the downturn caused by the Coronavirus pandemic and support business recovery when conditions improve. Changes to the Fair Work Act 2009 will temporarily enable employers whom qualify for the JobKeeper allowance to have increased flexibility around employees’ hours of work. We’ve added this to our COVID-19 …

COVID-19 FWC Modern Awards Objective

Joshua Easton Tax

The Fair Work Commission intends to vary 104 awards next week to include 2 weeks unpaid pandemic leave and the option for employees to take annual leave at half pay. We’re providing to our members a copy of the Fair Work Australia statement dated 1st April, 2020 also the list of the awards to be varied.  We’ve added this to …

COVID-19 Early Childhood Education and Care Relief Package

Joshua Easton Tax

Around one million families are set to receive free child care during the coronavirus pandemic under a plan from the Federal Government that will help deliver hip pocket relief and help the early childhood education and care sector make it through to the other side of this crisis.  We’ve added this to our COVID-19 Economic Support Measures and Resources

$130 billion JobKeeper Payment to Keep Australians in a Job

Joshua Easton Tax

$130 billion JobKeeper payment to keep Australians in a job On 30.3.2020, it was announced The Federal Government will provide a historic wage subsidy to around 6 million workers who will receive a flat payment of $1,500 per fortnight through their employer, before tax. The $130 billion JobKeeper payment is aimed to keep Australians in jobs as employers tackle the …