Latest Blogs
COVID-19 Tax Round Up June 2020
The tax rate of company reduction to 26% for base rate entities. The $150K instant asset write-off is planned to be deducted to $1000 for small businesses and will be no longer open to the organizations having gross annual turnover of $10 m or more than that, on the...
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Government Incentives to Help Small Business During COVID-19
The whole world is facing extraordinary situation with pandemic COVID-19. This pandemic has disturbed the social gatherings, industries and daily life of people. As the pandemic is growing, the rapid change in the climate has left the businesses to move on with their...
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Working From Home During COVID 19
Due to COVID-19 outbreak, many of the employees in Australia have been encouraged to work from home . The ATO has declared a relaxation to the normal work from home rules and initiated a latest fixed rate of 80 cents that will cover all the deductions. This method has...
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COVID-19 (Coronavirus) Information for Small Business
You will get the latest information regarding the obligations and rights of small businesses regarding the scenario caused due to Coronavirus pandemic. The small businesses are struggling nowadays to manage their delays, cancellations, and suspension of services and...
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COVID-19 and Your Business Financial Management Strategy
The pandemic COVID-19 has disturbed the world. Irrespective of the industry in which you are involved, you will have to alter your business operations, according to the current scenario. The response in the traditional crisis will not be sufficient because this kind...
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COVID-19 Update: New Coronavirus Stimulus measures for your Family
The Government has announced the details of two crucial packages to aid millions of Australians in financial distress. JobKeeper payments Earlier, the authorities declared a wage subsidy scheme to offer payments of $1500 per fortnight to millions of Australians. The...
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COVID-19 Update: Government announces new tax measures for affected business
ATO New Tax Measures to assist COVID-19 affected business The authorities has declared a number of economic responses to the Coronavirus (‘COVID-19’) pandemic, that includes the economic stimulus packages that is worth billions of dollars. Basic Tax...
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Government Announcement for Business Support : COVID-19 Update
Government Support Announcement for COVID-19 Affected Business The Prime Minister has declared assistance to Small Businesses of Australia. While everybody is facing difficulty time during pandemic, Government has declared support package for Small...
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Tips to Help Small Businesses to Keep Going during COVID-19 Pandemic
The pandemic Coronavirus has knocked down the economy of the world and most of the businesses across the continents. That is why this pandemic would be known as the darkest phase of this century. The authorities are taking different measures to safeguard the health of...
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JobKeeper Payment Information for COVID-19 Affected Employers and Employees
JobKeeper Payment Information - COVID-19 Update The Government of Australia has declared their objective to pass legislation to introduce the measure to provide wage subsidies to the businesses which are affected by Coronavirus. Under this legislation, the...
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Steps to Prepare Your Business for CORONAVIRUS (COVID-19) Impact
Each and every business in the world is getting affected by corona virus (COVID-19), either directly or indirectly in Australia. The exact response of this pandemic on your business relies on the nature of your business and the severity of the outbreak. Fortunately,...
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Change the way of business bookkeeping service from painful task to hassle-free
If you try to manage all the aspects of your business on your own, being a CEO, things get worse. Many times efficient management of the bookkeeping is neglected because we do not feel it an aspect for building the brand. For small companies, the process of...
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Benefits of Bookkeeping Services for Small Business
Bookkeeping Services benefits for Small Business Bookkeeping is the basic and important step of accounting. Bookkeeping Services manages the record of incomes and spending of the firm. In order to save expenses, some of the small business owners decide to do the...
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Budgeting Tips For Small Businesses in 2020
At the end of the year, the business owners divert their attention towards planning for 2020. It is an intimidating piece of work to plan for New Year as the economy is booming and global recession fears complicate the outlook for entrepreneurs. It is excellent as if...
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The Best Online Software Tools for Small Businesses
The foundation for a company to grow is a solid accounting and bookkeeping that relates to using the appropriate tool for perfect financial housekeeping whose usage should not be delayed till tomorrow because in the future the scenarios are going to be more...
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Tips For Managing Your Personal Finances
It can be tricky to be an adult, especially if you love to shop and are not good with numbers. There is so much to do, and so many things that can be seen across the country, and all of it costs money. Many of us are guilty of falling into the trap of living beyond...
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Black Economy Leaving Negative Impacts
Losing Money to the Black Economy? Cash payments are quite common, especially in business, but this money considered as the black economy which is the main consideration for the community and the government. These are the facts which would amuse you: The Black Economy...
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Payroll Tax Exemption for Parental Leave
Introduction - Under section 53, the Payroll Tax Act 2007 free from some of the wages. It got some changes and as per the new rules, from 1 July, 2019, paid or payable wage exemption to the employee at the time of adoption or maternity leave got extended for wages for...
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