Category: COVID-19
Grow your accounting practice by helping your clients during COVID-19
To grow your practice, maximimise opportunities and help clients, you must do five things as accountants: Increase client communication. Send every business client details ...
Demand for accounting/tax services will grow over the next 12 months
Accounting/tax practices are fortunate to be providing an essential service during the COVID-19 pandemic. Demand for accounting/tax services will grow over the next 12 ...
Commercial leasing principles during COVID-19
The government is introducing a mandatory commercial leasing Code of Conduct (the Code). The Code imposes a set of 13 good faith leasing principles ...
$130 Billion JobKeeper Payments
Background on JobKeeper payment Businesses, charities and not for profit entities impacted by the Coronavirus will be able to access a subsidy from ...
JobKeeper payments
Today the federal government have announced a new wage subsidy package. The key points include: $130 billion committed over the next six months to ...
Temporary relief for financially distressed individuals and businesses
On 24th March 2020, the Federal Government’s Coronavirus Economic Response Package Omnibus Act 2020 came into force. This legislation aims to provide temporary relief ...
Tax-Free Payments of $750 to Eligible Recipients
The Government is providing two separate $750 payments to social security, veteran and other income support recipients and eligible concession cardholders. The first payment ...
Temporary Early Release of Superannuation
The Government is allowing individuals affected by the Coronavirus to access up to $10,000 of their superannuation in 2019-20 and a further $10,000 in ...
Tax agents are considered essential services
As trusted advisers, we are being inundated with requests for information as clients and businesses turn to us to help navigate through uncertainty. The ...
Income support for sole traders
Overview The Federal Government has established a new, time‑limited Coronavirus supplement to be paid at a rate of $550 per fortnight. Payments will commence ...