The Budget proposes positive changes to superannuation, an extension of the low and middle-income tax offsets and a boost to aged care services. We summarise some of the key points from the Budget but, remember, these are subject to the passing of legislation.
According to a recent survey by research firm East & Partners for lender Scottish Pacific, nearly 80% of owners of small and medium enterprises said cash flow issues caused them the most sleepless nights.
Online services for business has been co-designed with business and makes it easier for you to interact with the ATO online to manage your tax and super obligations.
Employers wanting to claim JobKeeper payments from 28 September will need to reassess their eligibility and prove that turnover has declined. Some businesses that did not qualify for the original JobKeeper payments may find that they now qualify for the new JobKeeper payments.
The Federal budget is out and it’s a once in a generation budget to rebuild and tame the recession. Business is at the heart of our economic recovery with a range of support measures and the creation of jobs.
If your business is eligible to claim the instant asset write-off, read why you need to consider the car limit.
Closing or selling a business can be complicated for both owners and employees. Understand how to manage your employees and your obligations if you close or sell your business.
On 23 July 2020, a ‘mini-Budget’ was delivered by the Treasurer Josh Frydenberg. We provide a summary including the announcements made in relation to the COVID-19 early release of super and more. Due to the COVID-19 pandemic, the full 2020-21 Federal Budget will be delivered on 6 October 2020.
