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Uncategorised

April 2, 2020

Economic Response to COVID

In response to the Corona virus pandemic, the federal government has announced a $17.6 billion economic stimulus package, equivalent to 0.9% of GDP, which includes support […]
April 7, 2020

EMPLOYERS- JobKeeper FAQs

WHAT IS THE JOBKEEPER PAYMENT? The JobKeeper Payment is a payment made to eligible businesses and not-for-profits affected by the Coronavirus to support them in retaining […]
April 23, 2020

Potential Consequences of Early Release of Super

There are multitude consequences of drawing your super early. Not all of them are discussed here, however a general idea is presented.
June 22, 2020
Contractors

Hiring Contractors ???

Does your business pay contractors to provide one or more of these services: cleaning courier, delivery and/or road freight information technology (IT) security, investigation and surveillance. […]
June 22, 2020

First Home Super Saver Scheme !! Is it Taxed when you withdraw

 Straight answer is YES. Let’s take an exmaple: A concessional contribution of $10,000 would be taxed at 15% within your superannuation fund leaving you you with […]
June 22, 2020

$ 150 K instant asset write off

If you’ve purchased or are planning to purchase assets for your business, you may be eligible to claim an immediate deduction under the instant asset write-off […]
May 24, 2021

Did you miss out? – JobMaker Hiring Credit

The JobMaker Hiring Credit is here. But what does it mean for your business? It means you can receive payments for new eligible employees you hire […]
July 16, 2021
COVID Disaster Payment

NSW and VIC COVID-19 Disaster Payment

Available to workers adversely affected by a state public health order. Who is eligible ? You need to meet all the eligibility rules to get the […]
June 9, 2022

What Is TPAR-When And What Needs To Be Done?

Some businesses and government entities need to lodge a Taxable payments annual report (TPAR). You lodge a TPAR for payments made to contractors for services. Due date of […]