Grants, Cash Flow Boost and This Year’s Business Tax Return

By |2020-10-07T17:17:21+10:00July 5th, 2020|COVID-19, Financial, Grants, Small Business, Tax|

Now that the 2020 financial year has closed, it is time to consider Grants, the Cash Flow Boost and This Year’s Business Tax Return. This year, we have all suffered from the global pandemic in one way of another. Whether [...]

Travel Records and the Travel Diary

By |2020-07-06T08:09:18+10:00July 1st, 2020|Financial, International, Small Business, Tax|

Are you travelling for work or for business? Do you know what the travel records and the travel diary requirements are? You might consider that if the majority of your trip is for pleasure then you are not entitled to [...]

COVID-19 Jobkeeper for NFPs and Charities

By |2020-07-30T10:28:29+10:00June 20th, 2020|COVID-19, Financial, NFPs and Charities|

The Government is providing vital support for not-for-profits (NFPs) to withstand the economic impacts of the Coronavirus Summary The JobKeeper Payment will provide a wage subsidy to eligible employers and the self-employed, who have experienced a decline in turnover as [...]

COVID-19 – Accessing your superannuation early

By |2020-07-30T10:55:34+10:00April 14th, 2020|COVID-19, Financial, Self Managed Super Funds, Superannuation|

You may be aware that the Government recently announced measures which allow individuals affected by the economic impacts of COVID-19 to access a limited amount of their superannuation early. Making the decision to access your superannuation early is a significant [...]

COVID-19 Cash Flow Boost for Employers

By |2020-06-26T05:40:49+10:00April 10th, 2020|COVID-19, Financial, International, Small Business|

Summary The Government is providing temporary cash flow support to small and medium businesses and not-for-profit organisations that employ staff during the economic downturn associated with COVID-19 (novel coronavirus). This will be done through two sets of cash flow boosts [...]

COVID-19 Temporary Relaxation of Insolvency Rules

By |2020-07-09T21:02:09+10:00April 6th, 2020|COVID-19, Financial, GST, Tax|

Elements of the Package The elements of the package are: A temporary increase in the threshold at which creditors can issue a statutory demand on a company and the time companies have to respond to statutory demands they receive; A [...]

COVID-19 – Providing concessions for the LRBA in my SMSF

By |2020-07-30T10:54:02+10:00April 4th, 2020|Financial, Investment Properties, Self Managed Super Funds|

The economic impacts of the COVID-19 crisis are causing significant financial distress for many businesses and individuals. If your SMSF has a related party loan and is impacted due to the financial effects of COVID-19, you may be able to [...]

COVID-19 – Providing rental relief for the tenant in my SMSF property

By |2020-07-30T10:29:01+10:00April 1st, 2020|Financial, Self Managed Super Funds, Tax|

The economic impacts of the COVID-19 crisis are causing significant financial distress for many businesses and individuals. If your SMSF has a property and a tenant in financial distress, you may be able to provide your tenant with rental relief [...]

Go to Top