JobKeeper: what's changing
Businesses receiving JobKeeper payments need to be aware of recent changes which extend the eligibility of the program, meaning more of your employees may be eligible. Employee eligibility has been changed …
Your business: rebounding from the COVID-19 downturn
With lock-down restrictions easing in Queensland and Government stimulus payments flowing, business owners need to take a serious look at the future of their businesses. …
Doing business with a trust entity
Did you know that a trust is not a legal entity for the purpose of enforcing a debt? This means it can be incredibly difficult, and sometimes simply impossible, to enforce a debt unless you know the name of the trustee of the trust. …
Tax 2020: It's not a race
Tax Time 2020 has arrived, but it may not be the routine process a lot of people expect. Many individuals with reduced incomes or who have increased deductions might be keen to lodge their income tax returns early to get their hands …
JobKeeper payments and ATO compliance
The JobKeeper Payment scheme, introduced by the Federal Government in response to the COVID-19 economic downturn, has distinctly moved from the eligibility stage to a compliance phase. As at 20 May, the ATO had begun investigations …
Self-Managed Super at EOFY
The 2019-2020 financial year is like none we have experienced in recent memory, with the Coronavirus pandemic throwing societies and economies into unknown territory. Despite this, it's still important for anyone who holds a self-ma …
Tax and cash flow planning at EOFY
The end of the financial year is an important time to consider a number of tax planning initiatives to help minimise your tax liability and increase any potential refund. Timing is a traditional hallmark of tax planning, so keep in …
Government benefits and aged care
With the end of the 2020 financial year approaching, it's an important time to consider options that might be available to you or other members of your family in relation to Government benefits and/or accessing aged care services. …
The importance of insurance
A significant number of working Australians remain under-insured or even worse, totally uninsured. Either way, this can have dire consequences for families in the unfortunate event of a family member passing away, having a serious i …
Your super at End of Financial Year
While the Coronavirus pandemic has captured global attention, it's still important to be mindful of your long-term planning for retirement. Superannuation savings have not been immune to the economic downturn caused by Coronavirus, …