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Business Advice

COVID-19: Website Launch

In conjunction with the Cairns Post, we have launched a website providing videos and resources to help the Cairns business community understand what Government support

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Business Advice

COVID-19: JobKeeper Payment

As you may be aware, the Federal Government announced this week, a wage subsidy for businesses impacted by COVID-19. The subsidy, known as the JobKeeper

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Business Advice

COVID-19: Support Loans

The details of two Government backed loan programs, designed to help those businesses suffering from COVID-19, have now been confirmed. One, is a Queensland State

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Business Advice

COVID-19: Additional Support

The COVID-19 crisis continues to escalate quickly impacting all businesses. We expect this crisis will worsen making planning and cashflow management critical for all businesses,

Read More »

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Business Advice

COVID-19: Website Launch

In conjunction with the Cairns Post, we have launched a website providing videos and resources to help the Cairns business community understand what Government support is available during the COVID-19 crisis. This website has been created with the support of Tourism Tropical North Queensland, Advance Cairns, Cairns Chamber of Commerce,

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Business Advice

COVID-19: JobKeeper Payment Part 3

The ATO have released more information about the JobKeeper Payment, including how the program will be administered. To ensure all of our clients are up to date with the latest developments, we have summarised some key information below. When will registration begin and how will businesses register? Businesses will be

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Business Advice

COVID-19: JobKeeper Payment Part 2

The JobKeeper Payment announced by the Prime Minister on Monday has been well received by employers and employees struggling through the COVID-19 crisis. We have already had many enquiries from employers about how this scheme will operate. These employers have had many enquiries from their staff. To help everyone understand

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Business Advice

COVID-19: JobKeeper Payment

As you may be aware, the Federal Government announced this week, a wage subsidy for businesses impacted by COVID-19. The subsidy, known as the JobKeeper Payment, will be a payment made by the Government to businesses who have suffered a significant downturn in income (as a result of COVID-19) to

Read More
Business Advice

COVID-19: Support Loans

The details of two Government backed loan programs, designed to help those businesses suffering from COVID-19, have now been confirmed. One, is a Queensland State Government program to be administered by the Queensland Rural and Industry Development Authority (QRIDA). The other, a Federal Government supported program to be administered by

Read More
Business Advice

COVID-19: Additional Support

The COVID-19 crisis continues to escalate quickly impacting all businesses. We expect this crisis will worsen making planning and cashflow management critical for all businesses, not just those in initially impacted industries. Last week, the Federal Government announced stimulus measures to assist businesses to deal with the implications of COVID-19.

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Business Advice

COVID-19: Federal Government Stimulus Package Announced

COVID-19: Federal Government Stimulus Package Announced The World Health Organisation has now declared COVID-19 (coronavirus) a pandemic.  Since its initial identification in Hubei Province, China in November-December 2019, the novel coronavirus outbreak has spread outside the region, affecting more than 20 countries and impacting health, trade, travel and the global

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Superannuation

SMSFs – What’s in the spotlight for 2020?

The Superannuation area is a constantly changing environment with further proposed changes planned for 2020.  Fund members should be aware of opportunities that are available to them, how the ATO target areas may impact them and future proposed changes. Catch-up Concessional Contributions Since 1 July 2018, members with a total

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Taxation

Don’t let the tax man ruin your Christmas party

It’s that time of year, where the festive season has us all digging deep into our pockets to give generously to charities and to those around us. While just about every employer puts on a Christmas party or celebration of some sort for their staff, they may be unaware of

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Business Advice

Audit Insurance: Why Do I Need It?

No one wants to be audited and we have no reason to suspect you will be. But did you know that the ATO raised an additional $16.9 billion in the 17/18 financial year through increased audit activity? Data matching capabilities are profound, and with unprecedented access to taxpayer records from

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Business Advice

Director Penalties: The New Frontier

The Government has recently legislated significant changes to Company Director Penalties.  These changes have been introduced in an attempt to discourage corporate and financial sector misconduct.  Key changes include, expanding the penalty regime to a wider range of scenarios and introducing harsher penalties for offences. Another area where the Government

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Business Advice

Innovation in our Backyard

Consider Innovative companies – your mind goes to Apple, Samsung & Google. These major tech companies are generally your first thoughts when it comes to innovation.  Here in Far North Queensland (FNQ), our farmers and primary producers are also very active with developing their own innovative practices. Recent years have

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