As part of the recently developed economic recovery plan, the Queensland Government has announced three new grants to support small business. The grants are designed
Recently, the Federal Government has announced a post-JobKeeper stimulus package to assist the travel and tourism industries. Travel Incentives – Tourism and Business The first
Halpin Partners is pleased to welcome four Graduate Accountants to the team following our first summer internship. Mantej Dhother, Danielle Bradley, Sugandh Goindani and Ashveen
With all of the unpredictability that is 2020, the Federal Government has followed suit by delivering a Budget in October rather than the usual May
There have been some key date changes in relation to the upcoming lodgements for JobKeeper declarations. Wage condition for JobKeeper Fortnight 20 For JobKeeper Fortnight
State and Federal Government assistance is still available for those businesses who have been significantly affected by the COVID-19 pandemic. Below we outline the main
As you may be aware, the Government have recently announced changes to the eligibility for employees to enter the existing JobKeeper Program for fortnights commencing
Earlier this year, the Federal Government announced the Super Guarantee Amnesty. The amnesty allows employers to disclose and pay any previously unpaid super guarantee charge
Further to our recent update in relation to JobKeeper 2.0, due to commence in October, the Government have announced further changes. Under the original JobKeeper
Workplace accident insurance is compulsory if you have employees. It covers you for the costs associated with a claim by a worker who is injured
The Federal Government has announced an extension to the JobKeeper program. Known as JobKeeper 2.0, this announcement extends the current end date of 27 September
The 2020 Financial Year was certainly one that will not be forgotten – with thanks to COVID-19. The ATO have recognised the effect COVID-19 has
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
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
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
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
Welcome to Financial Year 2020! The 1st of July not only signals the commencement of a new year, but is also a date for the commencement of many significant legislation and tax changes. Budget announcements, superannuation changes and minimum wage increases are common topics we are queried on at this
Helpful links to STP Help Notes for Accounting Software, including MYOB | XERO | QB Online | Reckon Hosted
We all know that planning for the future is important, but it’s especially crucial when it comes to helping secure our family’s financial future. While the end of financial year gives everyone the opportunity to review their 2019 tax year and business owners the chance to look at their business
With just weeks to go until it’s tax time again, now is the perfect time to plan and review your 2019 tax year so there are no surprises awaiting you. We explain some areas of your business that you should consider in order to get the best tax outcomes possible:
The technology around us is rapidly changing, and we are starting to witness a strong emergence of Artificial Intelligence (AI) and automation in our day to day lives. Consider some of the below and how they have evolved: Supermarket Checkout – now in the form of Self-service Transport – Driverless
Single Touch Payroll – what is it and why does everyone seem to be panicking about it? Single Touch Payroll (STP) is an ATO initiative which requires employers to lodge payroll information online with the ATO. That’s it – no hidden surprises. Employers already report payroll information – weekly, monthly
All North Queensland small businesses know the start of the year always creates a cash crunch. A combination of the holiday break, a slow start to the year and the wet season often sees a reduction in timely debt recovery impacting all businesses. There are however, a few easy to
Benefits of record keeping A common question we are asked by clients is….. How long do I need to keep my records for? While we have the mindset that we just need to keep records to satisfy ATO audit periods, there are many other reasons why keeping good records is
