Accounts NextGen

Accountants Melbourne | Tax Accountant Melbourne
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Accountants Melbourne

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The only place for all services of accounts is accountsnextgen. Such as training and tax return, tax filling, bookkeeping, loan, home loan, car loan and many more. The company is based in Melbourne, Australia. We have the best accountants in Australia that you can find in Melbourne City and Sydney and throughout Australia. Our service is absolutely affordable and you will love to join us. Are you looking for an Accounting Internship program in Melbourne, Adelaide, Brisbane? So you have a chance to join Accounts NextGen. We have accounting experts who will teach you accounting and you can learn a lot from them, with us you will also be taught on a live clients project and we will also give you live projects. So that you can learn well on live projects. If you want to learn to account, then join us as soon as possible so that your seat is confirmed. You can also contact us through phone and email, you can also join by visiting our website, our contact information is given below.
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COVID-19- tax and super changes

Varioustax, superannuation and income support measures are in place to supportindividuals and business taxpayers to weather the impact of the COVID-19outbreak.• Tax-free cash flow boost payments for employers with turnoverof under $50m delivered as an automatic credit in the ATO’s activity statementsystem.• JobKeeper payments for eligible employers to payemployees $1,500 per fortnight, before tax, for up to six months.• Eligible small businesses can access a wage subsidy of50% of an apprentice or trainee's wage from 1 January to 30 September 2020,capped at $21,000.• Instant asset write-off threshold increased from$30,000 to $150,000 and access expanded to include businesses with anaggregated annual turnover below $500m, for new or second-hand assets firstused, or installed to be ready for use between 12 March 2020 to 30 June 2020.• accelerated depreciation deductions for businesses withan aggregated turnover below $500m can deduct 50% of the cost of an eligibleasset on installation, with existing depreciation rules applying to the balanceof the asset’s cost, from 12 March 2020 to 30 June 2021 to new Div 40 assets.Small business entities, depreciation expenses currently claimed at 15% can beclaimed at 57.5% for assets held and used or installed ready for use between 12March 2020 and 30 June 2021.• Two payments of $750 each for social security, veteransand other income support recipients. Jobseeker Payments, among others , will besupplemented with an additional fortnightly payment of $550.• Individuals in financial distress can seek to release$10,000 from their super in 2019/20, and another $10,000 in 2020/21.• super drawdowns: minimum payment amounts foraccount-based pensions will be reduced by half in 2019/20 and 2020/21Details of ATO administrative relief available at https://www.ato.gov.au/General/COVID-19/ATO Emergency Support Infoline 1800 806 218
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NICK BHALLA DIRECTOR
ACCOUNTS NEXTGEN
‍Level 10, 401 Docklands Dr, Docklands, VIC 3008
ContactUs: (03) 9015 8540
VisitUs: Accountants Melbourne