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Business news and views from Accountancy Group

JobKeeper: Expanded access and eligibility test changes

Employees that previously failed the JobKeeper eligibility test as they were not employed on 1 March 2020, may now be eligible for payments from 3 August 2020 if they were employed on 1 July 2020. 
To receive JobKeeper from 28 September 2020, employers will need to reassess their eligibility with reference […]

By |10 August, 2020|Business|Comments Off on JobKeeper: Expanded access and eligibility test changes

The Proposed JobKeeper Payment

The Federal Government has announced (as part of its Coronavirus Stimulus Package) the introduction of a new JobKeeper Payment to assist eligible employers (and self-employed individuals) who have been impacted by the Coronavirus pandemic to continue to pay their workers.  The following is a broad summary of the key aspects of […]

By |1 April, 2020|Business|Comments Off on The Proposed JobKeeper Payment

$1,500 JobKeeper subsidy to keep staff employed

A subsidy of $1,500 per fortnight per employee, administered by the ATO, will be paid to businesses that have experienced a downturn of more than 30% (50% for businesses over $1bn).

By |31 March, 2020|Business|Comments Off on $1,500 JobKeeper subsidy to keep staff employed

The Government’s COVID-19 Economic Response

The Government has announced its economic response to the COVID-19 (Coronavirus) in the form of a $17.6 billion economic stimulus package. The package has been marketed as a measure to protect the economy by maintaining confidence, supporting investment and keeping people in their jobs.How things have changed in the last few days […]

By |28 March, 2020|Business|Comments Off on The Government’s COVID-19 Economic Response

Important Update from Accountancy Group – COVID19

In light of the recent developments around the Coronavirus (or COVID-19) and the uncertainty we are all facing day to day, we felt it important to email and send this circular to you to assure you that we expect no major interruptions to the services that we provide to you.
OUR […]

By |28 March, 2020|Business|Comments Off on Important Update from Accountancy Group – COVID19

Accountancy Group Assisting our Clients in coping with COVID-19

As a business owner, you need to face the possibility of team members being absent from your workplace, product supply issues and demand for your services and products reducing over the short term. There are 2 urgent things you need to be aware of:1. Government Stimulus Package – Our Tax Planning […]

By |28 March, 2020|Business|Comments Off on Accountancy Group Assisting our Clients in coping with COVID-19

Top small business $20k deduction Q&As

In a recent speech, Small Business Minister Bruce Bilson stated that a lot of his time talking about the $20,000 immediate deduction for small business was convincing people it was not a hand out.

“I have spent a lot of my time explaining that asset write-off mechanisms aren’t grants, they are […]

By |20 August, 2015|Business, Tax|Comments Off on Top small business $20k deduction Q&As

What to expect in 2015

The economy
It’s almost impossible to predict what the local and global economic environment has in store for us in 2015. The ‘who knows’ factor is adding to uncertainty and in general, business is not ramping up for growth but maintaining a ‘steady as she goes’ approach – meaning low investment […]

By |5 February, 2015|Business|0 Comments

New Financial Year Housekeeping Checklist

For business, July is the month you need to make sure you have properly closed off the last year and can start the New Year the right way.  It’s about basic accounting housekeeping at this time of year — clear out the old and prepare for the new.  In a previous […]

By |1 July, 2014|Business|0 Comments
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