Recent changes to JobSaver

On Friday 10 September, small and medium businesses were surprised by an email from service NSW requiring them to reconfirm every fortnight that they are still experiencing a 30% decline in turnover in order to continue receiving JobSaver payments. This means that for the fortnight ending 26 September and each fortnight thereafter, small and medium […]

September 2021 Newsletter

Please click on the following link to view our monthly accounting/tax newsletter for September – 2021 We would like to highlight the following articles in this month’s newsletter:- Rental property pitfalls The ATO is closely monitoring claims in relation to rental properties. The ATO notes that over 70% of the 2019-2020 returns selected needed adjustments. […]

Financial support for NSW businesses impacted by COVID-19

The NSW Government will be offering the following financial support measures to businesses impacted by the recent COVID-19 restrictions and stay at home orders. 2021 COVID-19 Business Grant If you’re a business, sole trader or not-for-profit organisation in NSW and you’ve been impacted by the recent COVID-19 restrictions, you may be eligible for a one-off […]

July 2021 Newsletter

Please click on the following link to view our monthly accounting/tax newsletter for July – 2021 We would like to highlight the following articles in this month’s newsletter:- Temporary COVID Disaster Payment now available The Federal Government has announced a temporary COVID Disaster Payment to assist workers who reside or work in a Commonwealth declared […]

June 2021 Newsletter

Please click on the following link to view our monthly accounting/tax newsletter for June – 2021 We would like to highlight the following article in this month’s newsletter:- How COVID-19 has changed work-related expenses COVID-19 has changed many taxpayers work situations. If you have been working from home, you may have expenses you can claim […]

Federal Budget 2021-22

Please click on the following link to view key announcements of the 2021-22 Federal Budget. Federal Budget 2021-22 We would like to highlight the following items in the 2021-22 Federal Budget:- Temporary full expensing extended  – On 11 May 2021, the Australian Government announced that it will extend the temporary full expensing incentive in its […]

April 2021 Newsletter

Please click on the following link to view our monthly accounting/tax newsletter for April – 2021 We would like to highlight the following articles in this month’s newsletter:- COVID-19 stimulus and support measures winding back A number of important COVID-19 related government stimulus and support measures have now ceased. This means that businesses and individuals […]

March 2021 Newsletter

Please click on the following link to view our monthly accounting/tax newsletter for March – 2021 We would like to highlight the following articles in this month’s newsletter:- Super transfer balance cap increases from 1 July 2021 The transfer balance cap is a lifetime limit on the total amount of superannuation that can be transferred […]

February 2021 Newsletter

Please click on the following link to view our monthly accounting/tax newsletter for February – 2021 We would like to highlight the following articles in this month’s newsletter:- New insolvency rules commence On the 24 September 2020, the Government announced changes to Australia’s insolvency framework to better serve Australian small businesses, their creditors and their […]

December 2020/January 2021 Newsletter

Please click on the following link to view our monthly accounting/tax newsletter for: December 2020/January 2021 We would like to highlight the following article in this month’s newsletter:- JobMaker Hiring Credit Broadly, the JobMaker Hiring Credit will be available to eligible employers for each new job they create over the next 12 months (7 October […]