Posts

NSW Grants, loans and financial assistance

Open grants and assistance programs

There are a lot of government grants available. To keep up with all of them and knowing what each will cover is a vast and time-consuming task if you do it properly.

Here we cover the NSW state government grants and incentives for small and medium enterprises which are currently […]

VIC and ACT grants

Manufacturing industry grants

Future Industries Manufacturing Program – VIC

If you’re an innovative manufacturing company in Victoria, the Future Industries Manufacturing Program could be for you — providing you have the funds to back it up.

This grant program encourages manufacturers in Victoria to invest in new manufacturing technologies and processes as a way to […]

JobTrainer skills package announced

COVID-19 business recovery

The Australian Government will invest $2 billion to give hundreds of thousands of Australians access to new skills by retraining and upskilling them into sectors with job opportunities, as the economy recovers from COVID-19.

Key points

The new package consists of:

A $1 billion JobTrainer Fund A $1.5 billion expansion of the […]

Under COVID-19 providing certain benefits deemed not taxable

COVID-19 employment benefits

The ATO has been asked pertinent questions from taxpayers about some salient queries that have arisen due to the current COVID-19 employment environment. These may apply to a wide sample of taxpayers.

Some queries have related to fringe benefits tax (FBT) and the supply of items from an employer to staff to […]

Coronavirus Jobkeeper Payment

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) […]

Indicators of itinerant workers

Bonafide ‘mobile’ work can open up more deductions

Digital capabilities, a growing “gig economy” and the changing nature of employment means that many Australians are becoming more mobile in their income-earning activities, or in some circumstances practically nomadic chasing work.

With the ATO on the lookout for “red flags” for taxpayers making false work travel […]