The ATO has released a range of methods to make tax time easier for businesses and individuals under COVID-19 circumstances. Working from home The ATO has introduced a new ‘shortcut... read more →
With the date for the Federal Budget 2020-2021 being delayed until 6 October, the Treasurer Josh Frydenberg today provided an update on Australia's economic and fiscal outlook.Mr Frydenberg revealed the... read more →
Small businesses with low annual travel distances will benefit from the ATO’s new increased cents per kilometre rate for cars, from 68 cents to 72 cents. The new rate has... read more →
As our economy heads towards a recession, now is the perfect time to conduct a business ‘health check’ so that you come out the other side improved and ready to... read more →
If you performed some of your work from your home office during the 2020 financial year, you may be able to claim a deduction for the costs you incur in... read more →
In recent weeks, investment markets around the world have continued to experience significant volatility as investors try to assess the impact of the coronavirus (COVID-19) outbreak – an event that... read more →
Sharemarkets are the most volatile they’ve been in the past 20 years. Increased uncertainty, fear, forced and panic selling, as well as reduced liquidity, are all contributing factors to currently... read more →
Ask most 30 year olds who their financial planner is and the typical response might be ‘huh?’ After all, financial advisers are for older people with plenty of money to... read more →
Businesses experiencing financial difficulty due to COVID-19 may be over-paying their PAYG instalments if their current rate no longer reflects their estimated tax for the year. This can cause further... read more →
Many employees are now being required to work from home to meet social distancing requirements placed on them by COVID-19, and are now faced with meeting some of the costs... read more →
Most businesses have now determined their eligibility for the JobKeeper payment, but with the scheme about to commence, the questions are turning to what steps are next to administer the... read more →
A framework to help business owners to see their situation through a different lens and move upward. MELTDOWN. If you need to have a meltdown, do it. Negative emotions will... read more →
Australian shareholders are set to reap around $27.5 billion in interim company dividends over the next two months, courtesy of the latest corporate earnings season. Those dividend flows will be... read more →
Thousands of small businesses across NSW struggling to cope with the COVID-19 shutdown will receive grants of up to $10,000 under a new assistance scheme announced today by Premier Gladys... read more →
The economic impacts of the COVID-19 crisis are causing significant financial distress for many businesses and individuals. If your SMSF has a property and a tenant in financial distress, you... read more →
You may be aware that the Government recently announced measures which allow individuals affected by the economic impacts of COVID-19 to access a limited amount of their superannuation early. Making... read more →
Your business may be eligible for the new JobKeeper Payment which was announced on 30 March 2020 to assist businesses to continue to pay their employees. We are waiting on... read more →
With the country locking down it's borders, empty airports, cafes, bars, restaurants and more changes to come the Commonwealth Government has released the second stage of its plan to cushion... read more →
Details on the second stimulus package announced A summary for individuals The Commonwealth Government yesterday released the second stage of its plan to cushion the economic impact of the coronavirus.... read more →
NSW Treasury officials Premier Gladys Berejiklian, Treasurer Dominic Perrottet and Minister for Health Brad Hazzard today announced a NSW stimulus package in response to the coronavirus crisis. In a nutshell,... read more →