To assist employers during the Coronavirus crisis, the Federal Government has implemented a plan to boost employer’s cash flow. The cash flow benefit will be delivered through the tax system with credits to accounts being provided either: • Monthly: around the end of each of these months...
On 22 March the Government announced a second set of economic responses which, combined with the previous actions, total $189 billion across the forward estimates. The package provides timely support to workers, households and businesses through a difficult time in the light of the broader...
The Coronavirus outbreak not only affects people’s health and the health systems, it is also having significant economic implications. The Australian economy is already feeling the effects of the global Coronavirus outbreak. Tourist and student arrivals have been significantly lower than they were in late 2019,...
The ATO has announced various measures - bushfire relief to help businesses and individuals in local government areas impacted by the bushfires....
With effect from March 31 2020, APRA expects insurance companies to discontinue issuing any new contract where insurance benefits are not based on income at time of claim, including Agreed Value income protection policies....
Needing expert advice on how to reach your financial goal? It might be a bit overwhelming to acknowledge the challenges that come with taking control of your finances. But there’s no need to worry, as long as you know who you should call for help. Let’s first...
Please click on the link for the June 2019 edition of TaxWise - Business News. TaxWise Business News is a quarterly newsletter, which will keep you updated on important tax matters that may affect you or your business. The highlights in this edition: Coalition's tax policies: How do...
Please click on the link for the TaxWise 2018-19 Special Budget Edition. This is a special TaxWise Edition that focuses on the Budget and how it may affect you. The highlights in this edition: A Budget 'that gives back to the people' to win the Election - but...
Please click on the link for the February 2019 edition of TaxWise - Business News. TaxWise Business News is a quarterly newsletter, which will keep you updated on important tax matters that may affect you or your business. The highlights in this edition: Focus on small business -...
Just as a picture tells a thousand words, so do financial statements. At first, they look like quite a challenge, but understanding them takes some explanation. In our blog series on 'why managing cash flow shouldn’t be an extreme sport’, let’s take a look at...