From the Desk of your Tax Agent
Welcome to Lavenex Accountants! I hope you have a great day. In today’s report I wanted to update you on the latest developments in the area of taxation in May 2020. Businesses are still registering for Jobkeeper stimulus packages and Cashboost payments are coming to the employers past lodgment of their March quarterly or monthly BAS returns. The Reserve Bank left interest rates on hold, and official unemployment rate is 5%.