On July 21, the Australian Government announced an extension to the Existing JobKeeper Payment. This extension will apply in two separate phases and is targeted at those businesses that have...
Now that June 30 is passed, what next...
Wednesday July 01 2020
Now June 30 has passed, business it is time to put on your administration hat and get that annual reporting done. Year End Payroll Procedures Employers not yet enrolled with Single...
JobKeeper - What to do after you have enrolled.
Thursday June 25 2020
Now that you have successfully enrolled in JobKeeper you should have received your first payment. (Unless your enrolment is for June).In order to receive the June payment you must report your June...
Business Year End Planning
Thursday June 25 2020
Businesses like to review their tax position at the end of the income year and evaluate any year-end strategies that may be available to legitimately reduce their tax. Traditionally,...
Year End Tax Tips for Individuals for 2020
Thursday June 25 2020
As we approach the end of the tax year there are some things to bring to your attention. Many of these you will know from prior years however there are some changes. In particular...
Year End SMSF Matters
Thursday June 25 2020
As we approach the end of another financial year there are some housekeeping matters to be attended to:ContributionsIf your fund is receiving contributions from your personal funds or your own...
Job Keeper Payment - Obligations on Employers
Tuesday March 31 2020
The Job Keeper payment is a subsidy from the Australian Government to assist employers affected by the COVID19 epidemic to continue employing their employees. To be an eligible EMPLOYER...
Providing Support for Retirees
Thursday March 26 2020
The Government is helping retirees to manage the impact of the fluctuations in the share market on their superannuation balances by temporarily reducing the minimum pension drawdown requirements.The...
COVID-19 Business Update
Thursday March 26 2020
Income Support for Sole Traders & Partners The government has temporarily expanded (for the next 6 months) the eligibility for income support payments (jobseeker allowance) to permanent...
Boosting Cash Flow for Employers
Thursday March 26 2020
The government is providing up to $100,000 to eligible small and medium sized businesses that employ people with a minimum payment of $20,000. This measure has been announced in the two economic...