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Practice News

Accounting

Small Business Digital Adaptation Program

If you’re a small business and considering moving your record keeping to a digital platform like Xero or MYOB, the Victorian government is offering grants ...
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Accounting

Your Knowledge Update – February 2021

Inside this month’s Your Knowledge Update; the final phase of JobKeeper and the sole trader who won the right to access JobKeeper with a backdated ...
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Accounting

JobKeeper Extension 2 begins 4th January 2021

The JobKeeper program Extension 1 comes to an end on 3rd January 2021.  Businesses who require further JobKeeper wage support after this date will need ...
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Accounting

Your Knowledge Update – December 2020

Inside this month’s Your Knowledge Update; the 2021 risks and opportunities – The focus of Government incentives, Australia’s relationship with China, and more. Download this ...
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Accounting

2020/21 Victorian State Budget Snapshot

Land Transfer Duty Waiver A 50% duty concession for new residential properties and a 25% duty concession for existing residential properties will apply for contracts ...
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Accounting

Your Knowledge Update – November 2020

Inside this month’s Your Knowledge Update; we look at what we know so far about the JobMaker hiring credit and the 2020-21 budget measures business ...
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Accounting

Your Knowledge Update – October 2020

Inside this month’s Your Knowledge Update;  JobKeeper and the issues for those seeking to qualify for the second tranche and for those no longer eligible. ...
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Accounting

JobKeeper Extension – What Do I Need To Know?

The Federal Government’s JobKeeper Extension is set to begin, with the current program ending on the 28th September.  Important note: this means the last JobKeeper ...
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Accounting

Further State Government Grants – September 2020

The Victorian State Government has announced another round of funding for businesses affected by covid-19.  These include: Sole Trader Support Fund https://www.business.vic.gov.au/support-for-your-business/grants-and-assistance/business-resilience-package/sole-trader-support-fund ABN holder Operate from ...
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Accounting

Your Knowledge Update – September 2020

Inside this month’s Your Knowledge Update; How COVID-19 can affect valuing your business, forecasting during a pandemic and tax on COVID-19 government grants. Download this ...
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Accounting

Your Knowledge Update – August 2020

Inside this month’s Your Knowledge Update; Where to get help if you need it – for business and individuals, COVID-19 and your SMSF. Download this ...
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Accounting

Business Support Fund Expansion – Closing Soon

The Victorian Government has announced an extension to their Business Support Fund for businesses affected by the Stage 3 and 4 restrictions. The one-off grants ...
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Accounting

Taxable Payments Annual reports (TRAR) – New Industries to lodge this month

Taxable Payments Annual Reports are due to be lodged with the ATO by the 28th of August and will be required to be lodged by ...
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Accounting

Temporary Office Closure – 6th August 2020

In accordance with the Victorian Government’s stage 4 lockdown, we are now closing our office until restrictions ease. Please note that as we have been ...
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Accounting

Stage 4 Lockdown and Jobkeeper – You May Still Be Eligible

As metropolitan Melbourne moves into the strongest form of lockdown, please remember that even though you may not have previously been eligible for Jobkeeper – ...
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Accounting

JobKeeper 2.0 – What happens after September?

On 21 July 2020 the Government announced an extension to the JobKeeper program to 28 March 2021, however to remain eligible for payments after 28 ...
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Accounting

State Government Grants Available

The Victorian State Government has announced an addition to the business support fund where eligible businesses within Melbourne and Mitchell Shire can access a $5,000 ...
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Accounting

Your Knowledge Update – July 2020

Inside this month’s Your Knowledge Update, the ATO on COVID-19 fraud warpath including 3 million individuals in data matching program, funding for the Arts, increased ...
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