D3s1gnBuG@GCR2020

The following links are to Fact Sheets that describe in detail how the Federal Government feels the 2020 Budget will impact you.

These three areas cover all you will need to know but the accompanying two articles cover more specific topics and they might help you better understand how the Budget affects you.

The legislative instrument implementing the changes to the JobKeeper scheme over the extended period was registered on 15 September 2020.

The 80 cents per hour work-from-home deduction method has now been extended for a further three months to the end of the year.

As a new wave of investors enter the Australian share market, new trends begin to emerge.

Portfolio construction is always a popular topic among investors, but as markets become more volatile, the practice of carefully piecing together a jigsaw of investments that weathers both good times and bad is particularly relevant.

With the work test changes for over-65s opening up opportunities for recontribution strategies, clients may be able to even up balances and adopt tax strategies for estate planning, particularly once the bring-forward measure is passed, says a technical expert.

Australian banks this month started the largest ever customer contact program in the industry's history.

With the ending of a number of the original COVID-19 relief and stimulus initiatives, August and the beginning of September has seen the release of new plans to move into the post-September period. Links to these updates and changes are listed below.

The rules around Superannuation contribution change almost every year, so it is important that taxpayers know what these changes mean to them.