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NSW Small Business Recovery Grant now open for applications

Apply now for the $3000 Small Business Recovery Grant

Applications close 16 August 2020

The new Small Business Recovery Grant for up to $3,000 is now open for applications to help you rebuild your business.

You can use it to cover:

marketing and advertising expenses fit-out changes staff training expenses to work in a COVID […]

Key FY21 changes to note from 1 July

Business tax changes for a new financial year

NO TAX DEDUCTIONS IF YOU DON’T MEET YOUR TAX OBLIGATIONS

From 1 July 2019, if taxpayers don’t meet their PAYG withholding and reporting obligations to the ATO, they will not be able to claim a tax deduction for payments:

 of salary, wages, commissions, bonuses or allowances to […]

Is Your Business Model Standing the Test of COVID-19?

Staying Current in Changing Times

In very simple terms, a business model refers to “the way a business makes money”.

Take a retailer, for example, who buys and displays products of interest to customers. By attracting people into their store, they sell those products and make a profit, provided the sales price exceeds the costs […]

AgBiz Drought loans

Supporting regional Australians to take control of their business through the drought

To be eligible for an AgBiz Drought loan, your small business must be or have been supplying goods or services relating to primary production to farm businesses located in an affected area.

Manage your small business through the drought

Use this loan to​ […]

NSW small business COVID-19 support grant

NSW Government has introduced a COVID-19 support grant, worth up to $10,000, for eligible NSW small business owners

The application for the grant is currently open, and eligible businesses can possibly receive funding within five days of application.

This grant supports the operation of businesses highly impacted by the COVID-19 pandemic following the NSW Public […]

Small business employers of apprentices to get stimulus package

Small businesses who employ less than 20 people will receive up to $7,000 per quarter for three quarters to keep their apprentices

This payment is a stimulus payment as a result of an expected national economic downturn in the first half of 2020.

It is expected that these payments will be received via the Australian […]

Instant asset stimulus package for 2020 purchases

The instant asset write-off will be available for the majority of businesses during some part of the 2019/20 income year

Between 12 March 2020 to 30 June 2020, businesses with up to $500m in turnover will get an instant asset write-off for assets first installed and ready for use under $150k.

In the legislation, the […]

Key COVID-19 measures by State and Territory

Australian State and Territory economic relief and stimulus package summaries

In response to the coronavirus (COVID-19) pandemic currently impacting the economy and businesses generally, each Australian State and Territory Government has announced relief and other support packages as part of the broader economic stimulus measures.

To assist our clients, the NTAA has prepared the following […]

JobKeeper Enrolments start Monday 20 April

JobKeeper support services from Salisbury Accountants

There has been a lot of talk around the JobKeeper payment and at last we have a few more specific details.

Enrolments start on Monday and will be open for two weeks for the first payment period.

There is a step-by-step process to follow for this scheme which we […]

$10,000 NSW Small Business Grants now open

The NSW Government is providing financial support to ease the pressures on small business as a result of COVID-19

The NSW Government is providing financial support of up to $10,000 to ease pressures on small businesses and non-profit organisations suffering as a result of COVID-19.

Applications of this grant are now open for eligible businesses.

[…]