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Support for Businesses

The following government website is a great resource for accurate government correspondence and information: The Australian Government is supporting Australian businesses in the following ways: Boosting cash flow for Employers Temporary relief for financially distressed businesses Increasing the instant asset write-off for depreciation Backing business investment Supporting apprentices and trainees Tax Payment Deferrals Important […]

Information for Employees – Coronavirus (Covid-19)

In the workplace What if you want to work from home as a precaution? If applicable you would need to make a request to work from home (if possible), or take some form of paid or unpaid leave.  Requests would be subject to normal leave application process. Personal Leave If an employee contracts the Coronavirus […]

JobKeeper Payment

The Federal Government has announced (as part of its Coronavirus Stimulus Package) the introduction of a new JobKeeper Payment to assist eligible employers (and self-employed individuals) who have been impacted by the Coronavirus pandemic to continue to pay their workers. The following is a broad summary of the key aspects of the proposed JobKeeper Payment, […]

JobKeeper vs JobSeeker

The Federal Government recently announced the JobKeeper Payment scheme, which is designed to assist employers (and self-employed individuals) affected by the Coronavirus pandemic to continue to pay their workers. The JobKeeper scheme has been well received and welcomed by all sectors of the economy. In fact, many employers have already contacted employees affected (including those […]

Child Care and Early Childhood Education Relief Package

The Federal Government has just announced a relief package for the child care and early childhood education sector (‘child care sector’). The relief package is designed to: provide free child care to around one million families; and ensure that as many of the child care sector’s 13,000 child care and early learning services as possible […]

JobKeeper FAQ

  The Australian Government has just released a Frequently Asked Questions regarding the anticipated JobKeeper payment. These FAQ have come directly from website.     To view the JobKeeper FAQ please click here.     [related_posts_by_tax format=”thumbnails” limit_posts=”3″ image_size=”medium”]

JobKeeper Packages and Registration

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How to Connect to Clients Without Face-To-Face Meetings

With many office’s still open and offering their services, and social distancing in full swing, we need new ways to meet with clients, telephone and video conferencing is the best way to keep in contact, and keep your business moving. With an ever-adapting world with modern technology, there are multiple ways to connect: Zoom video […]

Changes to Superannuation in response to COVID-19

In response to the COVID-19, the Australian government has made changes to access of your superannuation. What does this mean for you? If you meet the eligibility requirements, you can access up to $10,000 from your superannuation savings, in both this financial year and the next*. Eligibility requires one of the following: Unemployment Redundancy on […]

Capital Gains Tax: What is it and how is it calculated?

A capital gain (or loss) occurs when an asset is sold. The difference between the purchase price and the sale price is the gain or loss. Capital gains tax (CGT) applies to money you have made from selling an eligible asset. Capital gains tax events occur when an asset is sold, or other triggers arise, […]