JobMaker Hiring Credit
November 23, 2020
As part of the 2020-21 Federal Budget, the Government has pledged $4 billion towards a JobMaker Hiring Credit (JobMaker) payment for businesses that is designed to accelerate employment growth among the younger population. Payment Amounts and Time Periods JobMaker payments...
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Federal Budget Implications
October 7, 2020
On 6 October, the Federal Government handed down, what has been described as the most significant Budget since World War II, following the significant impact of COVID-19 on the economy. The announcements included in the 2020-21 budget are aimed at...
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e-Signing: The Future of Business
August 6, 2020
COVID-19 has had a genuine, serious impact on the way we go about our day-to-day business interactions. e-Signing takes out the need for physical interactions for signing as well as the need for the changing hands of physical documents, keeping...
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Xero & Hubdoc – Cloud Accounting
July 27, 2020
In recent years, cloud-based accounting has quickly become one of the most useful features of online business management. Cloud-based accounting makes it effortless to optimise and even automate payroll, invoicing, bill payments and many more add-on products that are available...
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Benefits of Tax Audit Insurance
July 14, 2020
If you have applied for JobKeeper or Small Business Disaster Grants you should expect higher levels of scrutiny this tax period. In recent years, the Australian Taxation Office (ATO) and other government agencies have continued to announce significant advancements in...
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Single Touch Payroll
June 9, 2020
Finalisation declarations are required in July Single Touch Payroll (STP) has now been mandatory for all businesses since 1 July 2019. As the end of the financial year approaches, it’s important that you understand how your end of year payroll...
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Business Recovery Program
May 26, 2020
The business landscape has shifted significantly. Non-financial, internal and external risks - most notably COVID-19 - have had a devastating impact on businesses, with many having to close and face the prospect of never reopening. In light of these recent...
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$10K small business grants now available
May 22, 2020
Grant closed Due to an overwhelming number of applications, the Queensland Government has now closed the Small Business COVID-19 Adaption Grant for new applications. *** As part of its Economic Recovery Strategy, the Queensland Government has released a $10K grant...
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Claiming home office running costs
May 5, 2020
In response to the vast number of people working from home for the first time, the Australian Taxation Office (ATO) has announced a temporary, simplified method for calculating a deduction for home office running costs. Between 1 March 2020 and...
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Queensland Jobs Support Loan Application – COVID-19
April 16, 2020
Due to overwhelming demand, the Queensland Government’s $500 million COVID-19 Jobs Support Loan scheme has now closed to new applications. QRIDA is continuing to process the large number of applications submitted as quickly as possible until scheme funding is exhausted....
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