Registration of land holdings with RevenueSA

With the changes to land tax that come into effect from midnight 30 June 2020, RevenueSA is verifying the information they have for your land holdings in South Australia. The recent changes also introduced new requirements about what information you need to provide RevenueSA in relation to your land holdings.

RevenueSA has started this process by sending letters to corporate land holders regarding the information they require about land they have identified that the company has an interest in.   As per the letter, you are required to login to the ReveueSA Online portal to review and confirm your land holdings information that they have recorded is correct.  We understand that corporate land holders have been sent the letters either as a single land holder (including as a trustee company) or as the head of a group of related corporations.

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Payroll through Xero or MYOB

This is a reminder if you have already enrolled (or are planning to enrol) for the JobKeeper program from the start date of 30 March 2020.

An employer, registered with JobKeeper, needs to be aware that if April wages were paid before enrolling for JobKeeper, you may need to submit an updated JobKeeper file to qualify for JobKeeper funding. Accounting software will handle this differently so please check with your vendor.

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Payment & Enrolment Reminder

This is a reminder if you have already enrolled (or are planning to enrol) for the JobKeeper program from the start date of 30 March 2020.

There are some critical actions and dates that you need to be aware of to ensure your eligibility:

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JobKeeper – Extension of time to enrol and other important updates

In the last week there has been a number of announcements and changes that have come through from both the Federal and State Government in relation to various stimulus packages.  These include clarifications to the JobKeeper payment, further useful ATO information and some South Australian Land Tax relief and grant updates.

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The Alternative Tests

Under the JobKeeper rules, special discretionary powers were given to the Commissioner of Taxation to determine alternative tests for classes of taxpayers where the basic test couldn’t be used because there was no appropriate relevant comparison period.

These alternative tests have now been determined.  The alternative tests are only relevant if the basic test cannot be met.

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