Be, Do, Have
Our success in life depends largely on our mindset. Those who wait until conditions are perfect are unlikely to achieve their goals as they’re always waiting for the right time…
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Be, Do, Have
Last Chance to Access COVID-19 Early Access to Super
31 December 2020 is the last day you can apply to access your superannuation early under the COVID-19 early access measures. The ATO has warned that those wanting to access…
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Last Chance to Access COVID-19 Early Access to Super
Extended December JobKeeper Deadlines
The ATO has extended the JobKeeper monthly business declaration deadline for the month of December until 28 January 2021 (from 14 Jan 2021). This applies to the JobKeeper fortnights ending…
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Extended December JobKeeper Deadlines
Tax table reminder
The 2020-21 personal income tax cuts announced in the Federal are now law. Employers need to ensure that the tax withheld from employee salaries is correct. The ATO has published…
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Tax table reminder
Refunds for Tax Losses
If your company has made a loss, you may be able to claim a tax refund for tax previously paid on profits. In the 2020-21 Federal Budget, the Government announced…
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Refunds for Tax Losses
What are Capital Work Deductions?
Understanding tax depreciation lingo can sometimes be confusing but as an investor, it’s important that you have a good understanding of the depreciation deductions you can claim to ensure you’re…
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What are Capital Work Deductions?
2020 Federal Budget – For Business Owners
Australia has managed COVID-19 relatively well but good management isn't enough to protect us from the $213.7 billion deficit in 2020-21. What is striking with the Budget is the volume…
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2020 Federal Budget – For Business Owners
2020 Federal Budget for Individuals
To kickstart the economy, the Federal Government has released huge spending and tax cuts. This appears to be a great Budget for the young, anyone still working and business owners.…
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2020 Federal Budget for Individuals
JobKeeper – Wage Condition
To be eligible to receive JobKeeper payments, the employer must meet a wage condition. That is, employers must have paid the eligible employee at least the applicable JobKeeper payment for…
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JobKeeper – Wage Condition
Preventing a Tsunami of Insolvencies
The Government has stepped in to prevent a wave of insolvencies when the COVID-19 support measures run their course in December 2020. Temporary insolvency and bankruptcy protections are in place…
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Preventing a Tsunami of Insolvencies