Over 2 days, the Victorian Government has announced two new support packages delivering over $3 billion in “cash grants, tax relief and cashflow support.” There are almost no details on the packages as yet – just the announcements. We will bring you more as soon as they are released. And, some of the $3 billion appears
Read More…
Download PDF version here JobKeeper Alert With the employee test date for JobKeeper moved to 1 July 2020, some additional employees might have become eligible for JobKeeper. The August JobKeeper monthly business declaration is due by 14 September and is different to the previous form as it covers three JobKeeper fortnights. Employers need
Read More…
New JobKeeper test date for employees and additional flexibility On Friday 14 August 2020, the Treasurer released updated the JobKeeper Rules dealing with eligible employees which apply from 3 August 2020 onwards. Specific rules dealing with JobKeeper 2.0 have not yet been released. New test date for employees Under the original JobKeeper rules, an
Read More…
Limited time left – Amnesty finishes 7th Sep 2020 We have previously advised how the Government currently have a superannuation amnesty in place. This allow employers to voluntarily disclose to the ATO, late or unpaid amounts of superannuation contributions in respect of all quarters ending on 31 March 2018. Employers must complete and lodge a superannuation
Read More…
Download PDF version here Help for business JobKeeper 2.0 The Government has announced further changes to the JobKeeper scheme. The good news is that employees that missed out on JobKeeper because they were not employed on 1 March 2020 might now be eligible. The proposed changes would enable employees
Read More…
The Government has announced the $2.5bn JobTrainer package to retrain, upskill and open new job opportunities. JobTrainer for job seekers and school leavers An additional 340,700 training places will be created to provide no or low cost courses into sectors with job opportunities. The Government is working with the States and Territories to develop a
Read More…
(updated 21st Sep 2020) JobKeeper 1.0 ends on 27 September 2020. Those needing further support will need to reassess their eligibility and prove an actual decline in turnover to be eligible to enter JobKeeper Extension 2.0. To receive JobKeeper from 28 September 2020, eligible employers need to assess their decline in turnover with reference to
Read More…
When it comes to our businesses – or our own, personal finances – having an accountant can take a lot of weight off your shoulders. But not all accountants are made the same. Today we are going to give you tips to find a good tax accountant near you! Referrals to a Good Tax Accountant
Read More…
Unfortunately, society still has a long way to go when it comes to financial equality. In fact, women still earn 17.4% less than men. So, as a woman, it is important to make the most of your money. And to do this, you need to mast the basics of financial management. By building good financial
Read More…
An accountant advisor is an incredible assets to your business. They help you file taxes, and help you tame your cash flow. But that’s just skimming the surface of what an accountant can do for you. Accountants hold an incredible amount of knowledge, gathered from education and experience over their careers. And a good accountant
Read More…
