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[vc_row][vc_column][vc_single_image image=”65″ img_size=”full” alignment=”center”][/vc_column][/vc_row][vc_row][vc_column][vc_custom_heading text=”Dear Valued Client & Partners,” font_container=”tag:p|text_align:justify” use_theme_fonts=”yes”][vc_custom_heading text=”No doubt 2020 has been a challenging year for many! However, in the recent Federal Budget, the government has announced different incentives that would continue helping Australian businesses & individuals get back up on their feet.” font_container=”tag:p|text_align:justify” use_theme_fonts=”yes”][vc_column_text]

• The topics included in this month’s newsletter are: JobMaker Hiring Credits
• Tax deductions for investing in your business
• Refunds for Tax Losses
• JobKeeper clawbacks
• Updated Tax Tables – 2020-21 personal income tax cuts Superannuation Early Release

[/vc_column_text][vc_custom_heading text=”Contact our office at (03) 9579 4450 or email us at team@domkara.com.au for any questions you may have!”” font_container=”tag:p|text_align:justify” use_theme_fonts=”yes”][/vc_column][/vc_row][vc_row][vc_column][vc_separator color=”black”][/vc_column][/vc_row][vc_row][vc_column width=”1/2″][vc_single_image image=”65″ img_size=”full”][/vc_column][vc_column width=”1/2″][vc_custom_heading text=”D’Omkara Knowledge – Extended December JobKeeper deadline” font_container=”tag:h4|text_align:left” use_theme_fonts=”yes”][vc_custom_heading text=”The ATO has extended the JobKeeper monthly business declaration deadline for the month of December until 28 January 2021 (from 14 Jan 2021).” font_container=”tag:p|text_align:justify” use_theme_fonts=”yes”][vc_custom_heading text=”This applies to the JobKeeper fortnights ending on 6 December 2020 and 20 December 2020.” font_container=”tag:p|text_align:justify” use_theme_fonts=”yes”][vc_custom_heading text=”The deadline for meeting the minimum wage condition for the JobKeeper fortnight ending on 3 January 2021 has been extended to Monday, 4 January 2021.” font_container=”tag:p|text_align:justify” use_theme_fonts=”yes”][/vc_column][/vc_row][vc_row][vc_column][vc_separator color=”black”][/vc_column][/vc_row][vc_row][vc_column width=”1/2″][vc_custom_heading text=”D’Omkara Knowledge – Extended December JobKeeper deadline” font_container=”tag:h4|text_align:left” use_theme_fonts=”yes”][vc_custom_heading text=”The ATO has extended the JobKeeper monthly business declaration deadline for the month of December until 28 January 2021 (from 14 Jan 2021).” font_container=”tag:p|text_align:justify” use_theme_fonts=”yes”][vc_custom_heading text=”This applies to the JobKeeper fortnights ending on 6 December 2020 and 20 December 2020.” font_container=”tag:p|text_align:justify” use_theme_fonts=”yes”][vc_custom_heading text=”The deadline for meeting the minimum wage condition for the JobKeeper fortnight ending on 3 January 2021 has been extended to Monday, 4 January 2021.” font_container=”tag:p|text_align:justify” use_theme_fonts=”yes”][/vc_column][vc_column width=”1/2″][vc_single_image image=”68″ img_size=”full”][/vc_column][/vc_row][vc_row][vc_column][vc_separator color=”black”][/vc_column][/vc_row][vc_row][vc_column width=”1/2″][vc_single_image image=”69″ img_size=”full”][/vc_column][vc_column width=”1/2″][vc_custom_heading text=”D’Omkara Knowledge – Refunds For Tax Losses” font_container=”tag:h4|text_align:left” use_theme_fonts=”yes”][vc_custom_heading text=”If your company has made a loss, you may be able to claim a tax refund for tax previously paid on profits.” font_container=”tag:p|text_align:justify” use_theme_fonts=”yes”][/vc_column][/vc_row][vc_row][vc_column][vc_separator color=”black”][/vc_column][/vc_row][vc_row][vc_column width=”1/2″][vc_custom_heading text=”D’Omkara Knowledge – Tax deductions for investing in your business” font_container=”tag:h4|text_align:left” use_theme_fonts=”yes”][vc_custom_heading text=”Stimulating investment is high on the Government’s agenda. To encourage spending, the 2020-21 Budget introduced a measure that allows businesses with turnover under $5bn to immediately deduct the cost of new depreciable assets and the cost of improvements to existing assets in the first year of use.” font_container=”tag:p|text_align:justify” use_theme_fonts=”yes”][/vc_column][vc_column width=”1/2″][vc_single_image image=”70″ img_size=”full”][/vc_column][/vc_row][vc_row][vc_column][vc_separator color=”black”][/vc_column][/vc_row][vc_row][vc_column width=”1/2″][vc_single_image image=”72″ img_size=”full”][/vc_column][vc_column width=”1/2″][vc_custom_heading text=”D’Omkara Knowledge – JobKeeper clawbacks” font_container=”tag:h4|text_align:left” use_theme_fonts=”yes”][vc_custom_heading text=”If your company has made a loss, you may be able to claim a tax refund for tax previously paid on profits.” font_container=”tag:p|text_align:justify” use_theme_fonts=”yes”][/vc_column][/vc_row][vc_row][vc_column][vc_separator color=”black”][/vc_column][/vc_row][vc_row][vc_column width=”1/2″][vc_custom_heading text=”D’Omkara Knowledge – Updated Tax Tables – 2020-21 personal income tax cuts
Superannuation Early Release” font_container=”tag:h4|text_align:left” use_theme_fonts=”yes”][vc_custom_heading text=”Stimulating investment is high on the Government’s agenda. To encourage spending, the 2020-21 Budget introduced a measure that allows businesses with turnover under $5bn to immediately deduct the cost of new depreciable assets and the cost of improvements to existing assets in the first year of use.” font_container=”tag:p|text_align:justify” use_theme_fonts=”yes”][/vc_column][vc_column width=”1/2″][vc_single_image image=”73″ img_size=”full”][/vc_column][/vc_row][vc_row][vc_column][vc_separator color=”black”][/vc_column][/vc_row][vc_row][vc_column][vc_btn title=”READ MORE” style=”flat” color=”primary” align=”center” i_icon_fontawesome=”fa fa-download” add_icon=”true” link=”url:https%3A%2F%2Fcdn.domkara.com.au%2Fwebapp%2Fdocuments%2Fdomkara-knowledge-november.pdf%3Futm_source%3Dkc%26utm_medium%3Dkc_blog%26utm_campaign%3Dkc_newletterdec2020|||”][/vc_column][/vc_row][vc_row][vc_column][vc_separator color=”black”][/vc_column][/vc_row]