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Setting up your myGovID

If you haven’t set up your myGovID yet, you need to do it before you can lodge your next business activity statement (BAS). AUSkey, including Manage ABN Connections, will be replaced by the ATO’s myGovID and Relationship Authorisation Manager (RAM) from 27...

JOBKEEPER PAYMENT UPDATE

Many clients have been enquiring as to how businesses will qualify for the JobKeeper Payment. The Government have released an update to their fact sheet today to address this issue. In summary; to establish that a business has faced either a 30 (or 50) per cent fall...

$130 BILLION JOB KEEPER PAYMENT

You will no doubt have read or heard about the Federal Government’s latest stimulus package announced yesterday – the $130 billion JobKeeper Payment Summary The JobKeeper Payment is a subsidy to businesses that is designed to keep more Australians in jobs through the...

COVID-19 crisis: reviewing your super

While the coronavirus has been causing Australia’s economy to take a recessive turn due to reduced cash flow, there is still no reason to panic about your superannuation investments just yet. However, if you are a middle-aged worker or a soon-to-be retiree,...

New Victorian Government Grant

Premier Daniel Andrews has today announced a new grant of $10,000 for small Victorian Business operators. Small businesses are eligible if: they have been directly impacted by Government closure measures have a turnover of more than $75,000 Employ staff, and have...