$2,000 specialist advice grants are now available to access accounting or legal professional advice to help support businesses improve and adapt following COVID-19 disruptions and current economic conditions. The program closes on Friday 30 September, and applications are assessed on a first in, first served basis, so you need to act now.
The ATO is writing to taxpayers whose credit rating may be affected if their tax debts are disclosed to credit reporting bureaus.
To assist taxpayers who continue to be affected by COVID-19, the ATO has stated that it will not apply penalties or interest on varied instalments for the 2021/22 income year for excessive variations when the fund has taken reasonable care to estimate its end of year tax.
The ATO is using its compliance resources to maintain the integrity of the JobKeeper measure.
The ATO has updated its webpage containing the fringe benefits tax (‘FBT’) rates and thresholds for the 2017/18 to 2021/22 FBT years. Two amounts that were not previously announced for the 2021/22 FBT year are: The FBT record keeping exemption is $8,923 (up from $8,853 for the 2020/21 FBT year); and The statutory or benchmark…
The ATO has advised that the final JobKeeper payment will be processed in April 2021.
If you want your business to remain relevant and continue to grow, it’s time to be proactive … and in our experience it’s often small and easy-to-implement actions that can significantly improve your business success (and personal prosperity). Here are THREE key considerations for business owners that can help your business remain relevant now and…
If you are struggling to manage your personal financial affairs, your savings have stalled or you’re feeling you’re not getting ahead financially, it’s time to take back control. Here we explore the important matters of personal cashflow and debt management.
With the “new normal” continuing to evolve in Victoria, most business owners are feeling frustrated or concerned by the lack of certainty the future holds. We’re living it too and understand the significant challenges and stress you may be experiencing. Our focus for the next few months is to help and support our clients through…
Many businesses have experienced significant challenges during COVID-19 and many business owners have been personally and financially impacted as a result. There’s no doubt about it, the past few months have been tough. We want you to know we’re here to help with proactive strategies for both you and your business. Read responses to the…