Articles

How COVID-19 changes tax time

  As this financial year draws to a close, it will be viewed as a year like no other. COVID-19 (coronavirus) has impacted everybody's life, albeit in different ways for different people. For some, staying at home has meant you have greater savings; for others, the virus has meant lower wages or even the prospect of unemployme...

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Maintaining your mental health through the pandemic

  The COVID-19 pandemic has shifted our day-to-day lives in a dramatic way. One of the biggest changes to come from this period, was a transition to working from home for many people. On top of this adjustment, parents had the additional challenge of monitoring remote schooling for their children. Social interactions were severel...

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JobKeeper Payment now officially passed by the Government

  On April 8th, the JobKeeper package was passed by both sides of Parliament and legislated. This update offers further guidance on the scheme. Workers with multiple jobs
If you are employed by multiple businesses, you are only eligible to receive the payment from your nominated primary employer. Timing
The JobKeeper will...

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Temporary relief for financially distressed businesses

  The coronavirus is first and foremost a health crisis, but as measures are being taken to reduce the spread of the virus throughout the community, many profitable businesses may temporarily suffer financial hardships. The Government announced the following initiatives to assist these businesses to make it through the crisis and...

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Boosting cash flow for employers

  An economic stimulus package is being put in place to support businesses to manage cash flow challenges and assist them retain their employees to continue to stay viable through the coronavirus crisis. The Government is providing tax-free cash flow boosts between $20,000 and $100,000 to eligible businesses delivered through cre...

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