$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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Managing your QBCC compliance in uncertain times
QBCC (Queensland Building and Construction Commission) licence holders are required to continuously monitor their financial position and must report their key financial information to the QBCC each year. It is very important for licence holders to keep a watchful eye...
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Apiary Financial staff will be working from home as of 30 March 2020
March 27, 2020
As the Coronavirus situation continues to evolve, we would like to reassure our valued clients that Apiary Financial remains fully operational, and our team members are all in good health. However, upon the advice of the federal government, we will...
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Fringe Benefits Tax
Updates for employers With all the COVID-19 stimulus packages being introduced by the government of late, including the concessions relating to tax obligations, it is easy to forget that the Fringe Benefits Tax (FBT) year is coming to an end,...
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COVID-19 Stimulus Updates – Understanding the package
March 23, 2020
The Federal Government has announced another range of initiatives and also changes to those previously announced, to help support individuals, households and businesses cope with the impacts of Coronavirus. Here, we look at the key measures and what they could...
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Coronavirus Stimulus Package
March 19, 2020
In response to the challenges facing businesses as a result of the COVID-19 epidemic, the Australian Government has announced a $17.6 billion economic plan, including providing cash flow support to business paying employees, increasing the small business instant asset write-off...
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Coronavirus and the Impact on Markets
March 9, 2020
In the past week or so, we’ve seen share markets fall on the back of growing concerns about the spread of the coronavirus. At times of heightened market volatility, it’s easy to fear how your superannuation and other investments might...
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Superannuation Guarantee opt-out | what does this mean for individuals?
November 5, 2019
Treasury Laws Amendment (2018 Superannuation Measures No. 1) Bill 2019 was passed by the Senate on Thursday 19 September. Background From 1 January 2020, eligible individuals with multiple employers can apply to opt-out of receiving super guarantee (SG) from one...
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