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,
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
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
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
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
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
Consider Innovative companies – your mind goes to Apple, Samsung & Google. These major tech companies are generally your first thoughts when it comes to
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
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
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
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
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 support package is designed to support the tourism industry by offering around 800,000 half-price airfares from 1 April 2021 to select holiday locations. The subsidy
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 Brar are the newest members of the Halpin Partners team, hailing from JCU, CQU, UQ and USQ, respectively. Graduate Coordinator Hugh Sanson says the family-style
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 timeframe. As expected, the overshadowing theme of this year’s Budget is COVID-19 relief and an economic recovery plan that provides incentives for both individuals and
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 20 (21 December 2020 to 3 January 2021), the ATO is allowing employers until Monday 4 January 2021 to meet the wage condition for their
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 assistance packages that may be of interest and benefit to you. Qld Government Adaption Grant The Qld Government announced Round 2 of the Adaption Grant,
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 3 August 2020. The date to assess if an employee is eligible has been extended to include individuals employed on 1 July 2020 (previously 1
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 (SGC), including nominal interest, they owe their employees, for quarters commencing from 1 July 1992 up to and including 31 March 2018. Those employers who
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 2.0 guidelines, a business would need to show a decline in turnover of 30% for both the June and September quarters. Under the revised guidelines,
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 in the course of employment. In Queensland, accident insurance is regulated by WorkCover Queensland. New Policies You can take out a new policy by applying online, making
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 2020 to 28 March 2021. Despite initial speculation, the original JobKeeper program will run as planned until the end of September 2020. This means, businesses
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 had on the country and have introduced a range of measures to support taxpayers though tax time. How has COVID-19 impacted Work-Related Expenses? Working from
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 to $10,000 for businesses to fund a range of eligible activities (details below). Applications open on 1 July. The first round of this program was
