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
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 they can receive their payment for May. These can be lodged through the ATO business portal in the same way the April declaration was lodged.
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 approximately 10,000 small businesses. To be eligible, businesses need to meet the following criteria: Be able to demonstrate a significant impact on their business from
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 & business participant Make a monthly business declaration For those organisations, who have already enrolled for the JobKeeper Payment (Step 1), it is now time
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 Payment. The three steps are as follows: 1. Enrol your business for the JobKeeper Payment 2. Identify your eligible employees 3. Make a monthly business
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 it. To assist with refocusing your energies, one of our software providers, MYOB, have developed the below Business Action Checklist. This checklist is designed 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 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,
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
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
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
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
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.
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
