The State Government has announced that they will open up a second round of their COVID-19 Adaption Grants Program. This program provides grants of up
Businesses that have enrolled for the JobKeeper Payment need to lodge their May JobKeeper Declaration with the Australian Taxation Office by the 14th June, so
Earlier this week, the Queensland State Government announced a $10,000 grant program to assist Queensland small businesses. The total program is $100m and will help
As explained in our previous updates, the JobKeeper enrolment is a three step process: Enrol your business for the JobKeeper Payment Identify your eligible employees
The JobKeeper program has opened for enrolment from today. Enrolment is the first of a three step process for eligible businesses to claim the JobKeeper
With the country now being some weeks into the COVID-19 crisis, you may feel inundated with the volume of information and guidance in relation to
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
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
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
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
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
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,
I was lucky enough to spend some time in Vietnam earlier this month on a business trip. I was there to assist a client with capital raising and exploring potential new markets. Personally and professionally, the trip was very enjoyable, however this was not an opportunity I would have expected
When asked by that trusting friend/colleague to join them as a Director in their company…. Are you aware of the responsibilities that you are signing up for? Being a silent Director, does not mean that your duties as a Director are silenced. You can be prosecuted just the same, should
It’s important to take the time to understand what expenses you are entitled to claim against your taxable income and remember that spending the money is only half of it, you must have proof of the expenditure and be able to substantiate to the ATO how it relates to your
Recent legislative changes have now restricted the ability to claim certain rental property expenses. There are two main items where tax deductibility have been significantly reduced impacting on most investment property owners. Read on as we explore and explain the changes in relation to claiming Travel Deductions and Depreciation for
As the end of financial year fast approaches, clients are reminded to consider their tax planning strategies to ensure prompt action is taken before the 30 June deadline. Below are some useful reminders and references for SMSF trustees in the lead up to 30 June. Superannuation Contributions: It is important
30 June is fast approaching! With that in mind, now is the opportune time to plan for the 2018 Tax Year, so that you are not taken by surprise. Some areas of your business that you should consider to ensure you achieve the best tax outcomes are explained below. Superannuation
By now, nearly everyone has heard of Bitcoin, the cryptocurrency that started them all. When Bitcoin reached approximately $20,000 AUD in December 2017, I don’t think you could be online without having some sort of cryptocurrency advertising targeting you! The media spotlight continues to shine on Bitcoin, and as with
