The Government is providing cash flow assistance for eligible businesses in the form of two separate measures. The following is a broad summary of the key aspects of the stimulus package in response to the Coronavirus, as recently announced and enacted.
The Commonwealth Government yesterday released the second stage of its stimulus plan to cushion the economic impact of the coronavirus and help build a bridge to recovery. A total of $189 billion is being injected into the economy by all arms of Government in order to keep Australians in work and businesses in business.
With the current concerns within the community about the COVID-19 coronavirus, we wanted to let you know about the proactive steps Carrick Aland is taking to minimise the potential impact on the provision of our services.
The ATO is expected to adopt a ‘benign approach’ to PAYG instalment variations in the wake of recent disasters. Business and farm operators should seek assistance to talk with us about where your profit is year to date and what options you may have to vary instalments.
Cloud accounting technology is exciting for Renae, from mobile accessibility to intuitive learning and new features being added all the time. Working alongside Cameron Sorley in Toowoomba, cloud accounting is the predominant tool Renae reaches for when processing tax returns and doing BAS.
The Coalition’s Future Drought Fund passes the Lower House, clearing the way for farmers to access $100 million for drought preparations and response from next year.
It can be easy for financial professionals to assume their clients understand their financial statements but we still come across those who don’t. Read why we’re redoubling our efforts to ensure our clients understand the basics from their financials.
Read our guide to the strategies you can use to minimise your business tax. Talk with us before the 30 June 2019 deadline for assistance to reduce your tax!
