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Flexible Leave for Self-Employed Parents

From 1 July 2020, parents accessing the Government’s parental leave pay (PPL) scheme will have greater flexibility and options. Targeting the self-employed and small business owners, the changes introduce a new flexible paid parental leave pay period of 30 days.

Strategies for Resilience in 2020-21 & Victorian Local Business Support | Monthly Snapshot

Resilience is going to be key in 2020-21. There are ways you can approach the new financial year to give yourself every opportunity to bounce back, and have confidence in the year ahead. 

Local Lockdowns Business Support Program

If your business has been impacted by the latest COVID-19 hotspot lockdowns in Victoria, you may be eligible for a $5,000 one-off grant from the government. A number of conditions apply, it's important you talk with your tax agent before registering for any government stimulus. 

Surviving A Crisis - Key Strategies for Business Resilience

Whether it is the coronavirus, fire or flood, the fact is if you are in business long enough you will almost certainly have to deal with an external impact on your business – bushfires, drought, GFC, SARS, 9/11, we’ve seen a few. The key is to react but not over-react. We explore the impact on business and the importance of planning for setbacks beyond your control.

ATO JobKeeper Audit Targets

The JobKeeper subsidy has progressed beyond the rush for eligibility and entered its second phase: compliance. Late last month, the Australian Taxation Office (ATO) released guidance highlighting where the regulator will focus its compliance resources.

Tax & Super changes coming from 1 July 2020

The new Financial Year will immediately bring along a few new changes to tax and superannuation laws in Australia. 

COVID-19 Home Builder Stimulus Package - Who is eligible?

The Government has announced grants of $25,000 to encourage people to build a new home or substantially renovate their existing home.

Have casual workers been granted annual leave?

News headlines recently stated that casual workers have won the right to paid leave following a decision in the Federal Court. As usual, the devil is in the detail.

Preparing for EOFY in the midst of COVID-19 | Monthly Snapshot June 2020

Our June newsletter focuses on planning and changes for tax and superannuation in the lead up to what is a strange End of Financial Year in 2020. 

Practical Positivity

A framework to help business owners to see their situation through a different lens and move upward.

Staying cyber-safe while working from home

The Australian Cyber Security Centre has shared their tips on how to protect your data, and your work data, while working remotely during COVID-19.

How to apply for JobKeeper Payments

Hint - it's more complicated than you think! We definitely recommend getting the advice of a tax agent if you're seriously considering enrolling for JobKeeper. 

Land Tax Relief for Landlords

The Victorian Government has announced land tax relief for landlords as part of its Economic Survival Package in response to COVID-19. These are expected to pass legislation on 23 April 2020. 

Victorian Business Support Fund

The Victorian Government has launched the $500 million Business Support Fund to help small businesses survive the impacts of the coronavirus (COVID-19) pandemic and keep people in work.

Monthly Snapshot - April 2020

We have kept this update as free of COVID-19 content as possible, as a well-needed break for everyone. There are still other deadlines and updates to keep track of, such as the new Fringe Benefit Tax Year and the Super Guarantee Amnesty. 


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