Tax deductions introduced by the Australian Taxation Office to lessen the impact of COVID-19 are approaching the end of their eligible timeframe. To ensure that you or your business do... read more →
The Morrison and Berejiklian Governments announced yesterday a combined economic support package worth up to $5.1 billion aimed at saving jobs and protecting businesses through the current COVID-19 lockdown. The... read more →
Legislation was released last week giving effect to the extended JKP Scheme. PAYMENT RATES First extension period - 28 September 2020 to 3 January 2021 ($1,200 or $750) Employees who... 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 →
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 →
The Australian Taxation Office (ATO) issued a special edition Business Bulletin yesterday, 16 March 2020, which contains information about how the ATO can support your business during the COVID-19 crisis.... read more →