The JobMaker Hiring Credit recently opened for employers and we would like to share some information with our clients to make you aware of this opportunity.
The scheme applies to employees starting employment between 7 October 2020 and 6 October 2021.
It is a scheme […]
Could the quality of your bookkeeping be putting you and your business at risk because you don’t know what you’re […]
1.1 Changes to personal income tax rates
The Government has announced that it will bring forward changes to the personal income tax rates that were due to apply from 1 July 2022, so that these changes now apply from 1 July 2020 (i.e., from […]
As a result, JobKeeper would now be made over two separate extension periods, being:
Extension Period […]
As a result, JKPs would now be made over two separate extension periods, being:
Extension period 1 – which covers […]
Key points
The new package consists of:
A $1 billion JobTrainer Fund A $1.5 billion expansion of the […]
The payment rate will be reduced and a lower payment rate will be introduced for those who work fewer hours. Other eligibility rules […]
As accountants, we strive to help business owners build resilient and successful businesses
One component of resilience is to have a clear vision for the business. That means everyone should understand the business ‘destination’, the ‘why’ or the ‘rationale’ for the business. Without this, the […]
6 Final reminders of how to reduce tax for 2020
As a business owner, there are many obligations that you need to consider and action just before and after 30 June.
Some of these will help to minimise your tax. Others will reduce your exposure to an ATO tax audit. […]
Want to claim a deduction for super contributions?
Super payments are only considered to be paid for the purpose of claiming a tax deduction once they have been received by the super fund, not the date the Small Business Superannuation Clearing House (SBSCH) accepts them?
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