Preparing for Tax Time   How can you keep the process as painless as possible?   Gather all your documents in one place, as the more organised you are, the less stressful the process will be.Generally, preparing your tax documents is the time consuming part of the process. With accurate records and receipts you will […]

Superannuation Tax Time Tips   With the end of the financial year almost upon us, we have prepared some helpful tips to ensure you get the most out of your super this tax time. 1. Don’t get caught above the cap Now is a good time to check where you are at with your concessional […]

What you can and can’t claim when working from home during Covid (19)   With the increased number of employees working from home due to coronavirus, we wanted to ensure you understand how and what you can claim within your tax return. Media announcements regarding this topic have been ambiguous and confusing. If you are […]

COVID(19) – Government Superannuation Packages   The government has released many economic packages to help the economy withstand and recover from Covid(19). Two of these packages are in relation to superannuation.   Reduction in minimum pension requirements For many retires, the significant losses in financial markets as a result of Covid(19) are having a negative […]

Understanding your SMSF’s Investment Strategy Your investment strategy for your self-managed super fund (SMSF) is your plan for making, holding and releasing assets which should be consistent with your investment and retirement goals.  It should set out why and how you’ve chosen to invest in order to meet these goals. The superannuation laws require that […]

NSW Govenment Small Business Grant The NSW Government is offering a grant of up to $10,000 for small businesses that have been highly affected by the Covid(19) restrictions as a part of the NSW  Government Small Business Support Fund. Grants are provided to support highly affected eligible businesses that have been impacted by the shutdown […]

Government JobKeeper Subsidy for Businesses and Sole Traders On Monday 30th of March, the Government announced its intention to pass an additional legislation for businesses, sole traders and the self-employed who are significantly affected by COVID(19). The JobKeeper payment is intended to provide wage subsidies to eligible businesses that have employees. Under the JobKeeper payment, […]

An Update on the Coronavirus Cash Flow Assistance for Businesses   On the 23rd of March, the Federal Government’s Stimulus Packages to help the Australian economy withstand and recover from the economic impacts of COVID(19) was legislated through parliament. This includes the Cash Flow Assistance’s for Businesses package.   Boost Cash Flow Eligible SMEs will […]

Notice of our current operation during COVID (19) We would like to take this opportunity to let you know that we are here to support you through these uncertain times resulting from COVID(19). Ensuring the health and safety of yourself and your loved ones is the utmost importance to us, as is ensuring that we […]

Which documents should my Australian Company Number (ACN) appear on? Every company in Australia is issued with a unique nine-digit number by Australian Securities and Investment Commission (ASIC) when incorporated. This is an Australian Company Number (ACN) which is used to identify your company. Your ACN is an important identifier for your company. It is […]