Monthly update, April 2020

COVID-19: Your stimulus and rescue package explained

The overwhelming issue of the day is of course the coronavirus. The government’s stimulus package launched in response to the crisis is welcome. We spell out what this means for different taxpayers, and how the measures will work.

Also in this issue we examine the superannuation guarantee amnesty, an interesting quirk of the FBT rules regarding e-bikes, and the important choice of trustees with an SMSF.

This issue reflects the law when it was published. Tax and super rules change often, so please call us before acting on anything in it.