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.
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
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.
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.
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.
What is the "JobKeeper" Allowance and who can apply?
"JobKeeper" is a measure from the Government to keep people employed and paid during the COVID-19 economic crisis. A fortnightly
payment will be made to eligible employers to subsidise wages and keep their staff in work.
It's an uncertain time for us all, and everyone is having to adapt in a variety of ways. If this is of interest to anyone in our network,
here are the ways we are handling Coronavirus (COVID-19) in our business.
Coronavirus Implications for Employers & Employees
Crayshaw Consultants have gathered pertinent information regarding employment in the wake of COVID-19. We wanted to share this information
for the benefit of our clients and wider network. Of course, the situation is ever-changing, so please get individual advice if you'd like
Asking your friends for tax advice is the same as asking them to do your brain surgery
There is a reason accounting and tax specialists exist! It's important you get expert advice from a qualified professional to ensure you're
meeting your obligations and not leaving yourself open to severe penalties. Being misinformed will not excuse you from those
It’s absolutely vital to business success that you're paying your staff what they are entitled to. There have been some recent instances of
high-profile corporations being called-out for underpaying their staff, and it's an issue that all business owners - regardless of business
size - should be on top of.
It's often high-income earners who have the biggest cashflow trouble, and yet they arguably have the most opportunity to turn their income
into long-term, secure wealth. Here's how you can shift your focus and ensure your wealth keeps growing instead of disappearing!