COVID-19 Disaster Payment & Business Support Package

COVID-19 DIASTER PAYMENT The Federal Government announced a temporary COVID-19 Disaster Payment scheme to help support any state or territory that has been forced into lockdown. This scheme has commenced…

Last month the Treasurer Josh Frydenberg released the Federal Budget and the focus is on economic recovery and investment to support job creation to drive economic growth. The Treasurer announced…

The Government will maintain changes to reduce personal income tax. This measure is designed to continue to stimulate the economy by increasing the disposable income available to individuals. Income Tax…

The Government has provided further support for capital investment by businesses and assistance with cash flows by extending the ‘temporary full expensing’ measure as well as the loss carry-back offset…

Superannuation changes in the Budget provide increased contribution opportunities for individuals over age 60. Removal of Work Test for Non-Concessional Superannuation Contributions The Government announced it proposes to permit individuals…

Today’s announcement of a fourth lockdown will hit SMEs particularly hard. There is no doubt Victorian small businesses have already copped a battering throughout the pandemic. From 11:59pm this evening…

Everyone wants to grow their business but sadly there’s no simple formula that guarantees growth. In fact, no amount of enthusiasm, passion, hard work or talent can guarantee business growth.…

Every business owner wants to grow their business and their profits. While there’s no secret formula or recipe, the fact is, business growth and improved profitability are outcomes achieved as…

There is an old saying, ‘The most fertile source of insight is hindsight’. That being the case, what can business owners learn from the COVID-19 pandemic? American business magnate, investor,…

Audit activity is on the rise and anyone can be targeted. There’s nothing more frustrating than being selected for a review or audit of your lodged returns instigated by the…