Closing or selling a business can be complicated for both owners and employees. Understand how to manage your employees and your obligations if you close or sell your business.
Work-related expenses can be complex, so it’s important to consider seeking professional advice from registered tax agents like Carrick Aland prior to lodging your tax return.
If you work as a factory worker, find out what you can claim as deductions for expenses incurred as a manufacturing employee.
If you work as a sales professional, find out what you can claim as deductions for expenses incurred as an employee in real estate.
If you work as a police officer, find out what you can claim as deductions for expenses incurred as a community and personal service employee.
If you work as a nurse, midwife or carer, find out what you can claim as deductions for expenses incurred as a community and personal service worker.
The Government is extending the JobKeeper Payment by a further six months to March 2021. Support will be targeted to businesses and not-for-profits that continue to be significantly impacted by the Coronavirus. The payment rate will be reduced and a lower payment rate will be introduced for those who work fewer hours. Retesting of eligibility will apply.
Carrick Aland’s own tax team is comprised of many local farmers who know firsthand that the devil is in the detail when it comes to getting your tax right. If you’re an employee in the agriculture industry it pays to learn what you can claim at tax time.
