employers Archives - Page 4 of 6 - Salisbury Accountants

Small and medium business employers to receive cash flow relief

April 22, 2020/in COVID-19 Resources, Grants /by Salisbury Accountants & Business Advisors

Small and medium businesses will be entitled to a “credit” for PAYG tax withheld on their March and June quarter activity statements.

This updated Government Coronavirus Stimulus Package will be delivered tax-free in the form of a grant.

The reduction of cash outflows is designed to assist employers in keeping their staff.

As per the […]

Apprenticeship Support Australia

April 15, 2020/in Grants /by Salisbury Accountants & Business Advisors

Supporting the development of skills labour across the country

The Australian Government provides a range of financial incentives and benefits to employers and Australian Apprentices.

Here is a snapshot of what businesses may be eligible for: Standard incentives Workers Compensation exemption Extra incentives to assist in the employment of those with a disability, mature aged, […]

JobKeeper scheme legislation achieves royal assent

April 9, 2020/in COVID-19 Resources /by Salisbury Accountants & Business Advisors

JobKeeper scheme legislation achieves royal assent

Legislation to establish the JobKeeper scheme of wage subsidies in the form of payments made via employers has passed both houses of Parliament and has achieved royal assent.

The bills concerned (the Coronavirus Economic Response Package (Payments and Benefits) Bill […]

Fringe Benefits Tax 2020

April 6, 2020/in Tax Planning /by Salisbury Accountants & Business Advisors

What every employer needs to know about fringe benefits

On 31 March 2020, the Fringe Benefits Tax (FBT) year ends. With the ever-increasing budget deficits, the ATO will be reviewing whether all employers who should be paying FBT are, and that they are paying the right amount.

To help you meet your fringe benefits obligations, […]

Coronavirus Jobkeeper Payment

March 31, 2020/in COVID-19 Resources, Payroll /by Salisbury Accountants & Business Advisors

Federal Government offers $130b in coronavirus wage subsidies for businesses to pay workers

The Government has announced a $130 billion JobKeeper payment to help keep more Australians in jobs and support businesses affected by the significant economic impact caused by the Coronavirus.

Around 6 million workers will receive a fortnightly payment of $1,500 (before tax) […]

Economic Stimulus Package

March 13, 2020/in Business Advice /by Salisbury Accountants & Business Advisors

Coronavirus Economic Stimulus Package

The Government has announced a $17.6 billion economic plan to keep Australians in jobs, keep businesses in business and support households and the economy as the world deals with the significant challenges posed by the spread of the coronavirus.

The targeted stimulus package is focused on keeping Australians in jobs and […]

Support measures to assist those affected by COVID-19

March 12, 2020/in COVID-19 Resources, Tax Planning /by Salisbury Accountants & Business Advisors

Options available to assist businesses impacted by COVID-19

The Australian Taxation Office (ATO) will implement a series of administrative measures to assist Australians experiencing financial difficulty as a result of the COVID-19 outbreak.

Commissioner of Taxation Chris Jordan is encouraging businesses impacted by the coronavirus to get in touch with the ATO to discuss relief […]

Superannuation guarantee amnesty

March 11, 2020/in Payroll /by Salisbury Accountants & Business Advisors

Superannuation guarantee amnesty bill passed by Parliament

The superannuation guarantee amnesty bill passed Parliament on 24 February and has now received Royal Assent and is law.

This law change provides a number of incentives for employers to pay any unpaid historical superannuation guarantee (SG) amounts relating to the period 1 July 1992 to 31 March […]

Salisburys announce changes to business office hours

February 27, 2020/in Business Advice /by Salisbury Accountants & Business Advisors

Salisbury Accountants & Business Advisors’ new office hours from March

From 2 March 2020, Salisbury’s office in Albury will extend their office opening hours from Monday to Thursday and will be closing earlier each Friday as follows:

Monday to Thursday 8AM-5PM Friday 8AM-2PM

Director, Ben Gay, said the adjustment in working hours will be a […]

Read more

Do you hire contractors?

February 5, 2020/in Payroll /by Salisbury Accountants & Business Advisors

When hiring workers, do you understand the difference between contractors and employees for tax and super purposes?

Getting it wrong compromises your ability to meet tax and super obligations, and can mean your workers miss out on employee entitlements.

If your business misclassifies workers, employers can also be caught out with penalties and charges.

Understand […]

Posts

This updated Government Coronavirus Stimulus Package will be delivered tax-free in the form of a grant.

The Australian Government provides a range of financial incentives and benefits to employers and Australian Apprentices.

Legislation to establish the JobKeeper scheme of wage subsidies in the form of payments made via employers has passed both houses of Parliament and has achieved royal assent.

On 31 March 2020, the Fringe Benefits Tax (FBT) year ends. With the ever-increasing budget deficits, the ATO will be reviewing whether all employers who should be paying FBT are, and that they are paying the right amount.

The Government has announced a $130 billion JobKeeper payment to help keep more Australians in jobs and support businesses affected by the significant economic impact caused by the Coronavirus.

The Government has announced a $17.6 billion economic plan to keep Australians in jobs, keep businesses in business and support households and the economy as the world deals with the significant challenges posed by the spread of the coronavirus.

The Australian Taxation Office (ATO) will implement a series of administrative measures to assist Australians experiencing financial difficulty as a result of the COVID-19 outbreak.

The superannuation guarantee amnesty bill passed Parliament on 24 February and has now received Royal Assent and is law.

From 2 March 2020, Salisbury’s office in Albury will extend their office opening hours from Monday to Thursday and will be closing earlier each Friday as follows:

Director, Ben Gay, said the adjustment in working hours will be a […] Read more

Getting it wrong compromises your ability to meet tax and super obligations, and can mean your workers miss out on employee entitlements.

If your business misclassifies workers, employers can also be caught out with penalties and charges.

Director, Ben Gay, said the adjustment in working hours will be a […]

Read more