Coronavirus Guide For Business Owners

editor • March 16, 2020

Here is an extract from Employsure in regards to employers obligations. If you require further clarity, please contact Employsure on 1300 651 415 or visit employsure.com.au.

Townsville Accounting has chosen to share this information due to amount of employer inquiries we have received in regards to their obligations during this time.

What are my obligations if an employee must self-quarantine?

If you have an employee who meets the high risk criteria the employee will most likely have to self-quarantine. If an employee is unable to attend work as a result, the employee can be asked to use their sick leave or, if possible, work from home.

If an employee runs out of their paid leave entitlements, employers do not have an obligation to continue paying the employee –but, of course, may choose to do so if they wish.

Make sure to check the applicable Modern Award, Enterprise Bargaining Agreement or contract of the employee to see if you have any further obligations (such as, additional leave or ability to agree to leave in advance).

It is recommended that employers utilize their right to request a medical clearance from a health professional before the employee returns to work to both ascertain that an employee is free of the virus, and that they are safe to return.

In the unfortunate case that an employee is infected by the coronavirus, it is recommended for employers to follow normal sick leave and long-term illness policies and procedures.

Job Keeper Logo — Townsville Accounting In Hyde Park, QLD

Job Keeper Applications Now Open

By editor • April 23, 2020
The Australian Taxation Office (ATO) has officially opened Job Keeper applications from 20 April 2020 through the tax agent and business portals. Employers can either log into their ATO business portal or engage us to complete the application process for them.  PLEASE NOTE that it is not compulsory for all eligible businesses to apply for Job […] The post Job Keeper Applications Now Open appeared first on Townsville Accounting.
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WORKING FROM HOME BETWEEN 1 MARCH & JUNE 2020

By editor • April 8, 2020
Many people are now working from home due to COVID-19. If this is you – make sure to keep a log of your “home office hours”, in your diary for 2020 tax time! There are three ways that you can calculate your additional running expenses during this period: i) claim 80 cents/hr for all additional […] The post WORKING FROM HOME BETWEEN 1 MARCH & JUNE 2020 appeared first on Townsville Accounting.
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Audit Insurance

By editor • March 10, 2020
Did you know that Townsville Accounting has partnered with our professional body to offer Audit Insurance to all our clients? This insurance is to protect yourself financially against the fees incurred during an audit. If you have business insurance – now would be a great idea to review your policy to ensure that you are […] The post Audit Insurance appeared first on Townsville Accounting.
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Yours & Our Obligations To The ATO

By editor • March 2, 2020
I recently found the attached article from the Tax Practitioners Board in regards to obligations that both our clients and ourselves must adhere too. To assist our clients in providing their records required to lodge their GST, PAYG and Tax Obligations – we offer the use of an APP called RECEIPT BANK. Not sure how […] The post Yours & Our Obligations To The ATO appeared first on Townsville Accounting.
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Attention Directors!

By editor • February 24, 2020
As the director of a business it is extremely important to understand your obligations. About April 2020 (awaiting royal assent), the ATO will be able to issue a Directors Penalty Notice for: i) Unpaid super; ii) PAYG Withholding Amounts; and iii) GST Obligations This means as the director of a business that you can be […] The post Attention Directors! appeared first on Townsville Accounting.
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Townsville Accounting Team

By admin • January 25, 2018
Welcome to Townsville Accounting’s Blog! The post Townsville Accounting Team appeared first on Townsville Accounting.