Blogs

With the release of the Federal Budget last night, Australians can see a clearer way forward to navigate through the coming financial year.

A unique identifier that will stay with a director for life, offering greater security.

Superannuation, or super, is important because the more you save, the more money you will have in retirement. Super is a long-term investment that grows over time.

A unique identifier that will stay with a director for life, offering greater security.

For employers – Due dates for the current financial year

Small businesses play a huge role in the economy of Australia. According to the ATO ‘they make up more than 99% of all Australian businesses, contribute more than $413 billion to the economy and employ more than 5.5 million people’.

Payments between $2000 – $8400 to eligible businesses based on payroll size opens in November.

For those of you who have employees, here’s a friendly reminder of the key dates to submit your certified rateable remuneration to your WorkSafe agent.

For workers, or sole traders who are unable to work due to a COVID-19 public health order.

When laying the foundations for a profitable business, deciding on the optimal business structure is crucial to your success.

Providing $14,000 grants for eligible small and medium businesses that have experienced a reduction in turnover of at least 70%.

New top-ups, grants and support for Victorian businesses.

On 1 July 2021, the super guarantee rate increased from 9.5% to 10%. The rate is scheduled to progressively increase to 12% by July 2025. Here is ATO’s table of scheduled rate increases.

The Victorian Government recently announced the $250 million Circuit Breaker Business Support Package to assist small to medium businesses and sole traders that are unable to operate due to the recent lockdown.

Australia’s federal government has handed down a pre-election budget focused on stability and recovery

Wage subsidies of up to $20,000 per employee for eligible employers who hire eligible jobseekers.

Wage subsidies of up to $20,000 per employee for eligible employers who hire eligible jobseekers.

QR Code/API compliance amnesty ends 23 April. Contact tracing has now become part of our normal lives to help contact tracers in the event a positive case of coronavirus (COVID-19) is identified.

Financial support to eligible businesses impacted by the recent Circuit Breaker lockdown.

The past year has seen an increase in scams, especially during the pandemic.

Program now extended till end March 2021

Program now extended till end March 2021

With the recent release of Victoria’s 2020/21 budget, it is clear that its priority is to repair, and recover from the damages of the COVID pandemic and make Victoria stronger by putting its people first.

$1,200 Grants to help businesses go digital