Australia Federal Budget Highlights

Australia Federal Budget Highlights

The Treasurer delivered the Federal Budget on 6 October 2020. The announcements include almost $50 billion in tax relief for businesses and individuals with a hope to return the economy to financial health as Australia experiences its first recession in almost 30...
Running your business from home?

Running your business from home?

If your home is your main place of business, you may be able to claim the business portion of some expenses. You may be able to calculate your home-based business running expenses using: a fixed rate of 52 cents an hour for each hour you operate your business...
New Business Support Grants & JobKeeper 2.0

New Business Support Grants & JobKeeper 2.0

A 3rd Round of Business Support Fund Grants is available from Friday, 18th September 2020 to support Victorian businesses through restrictions. The Victorian Government has announced a third round of the Business Support Fund to provide direct financial support to...
COVID-19 Tax Planning

COVID-19 Tax Planning

In these uncertain times, it’s vital for all small-medium businesses to do smart tax planning to take the maximum benefit out of Government stimulus packages. From Cashflow Boost of $10,000 to JobKeeper payments of $1,500 per fortnight, there are new legislation...