The ATO has updated its website to incorporate the following automatic lodgment and
payment deferrals. Lodgment and payment deferrals (a) Lodgment and payment deferrals will be automatically applied to the following obligations that
are due on 15 May 2020:
• Company 2018-19 income tax returns are now due by 5 June 2020.
• SMSF 2018-19 annual returns are now due by 30 June 2020. (b) 2018-19 income tax returns for individuals, partnerships and trusts can be lodged by the 5
BACKGROUND ON JOBKEEPER PAYMENT FOR EMPLOYERS Under the JobKeeper Payment, businesses or not-for-profits impacted by the Coronavirus will be able to access a subsidy from the Government to continue paying their employees. Affected employers will be able to claim a payment of $1,500 per fortnight per eligible employee from 30 March 2020 until 27 September 2020. WE ARE OUTLINING KEY POINTS FOR SMALL BUSINESSES BELOW. FOR MORE DETAILS PLEASE VISIT THE TREASURY WEBSITE. Eligible