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Blogs & Resources
Job Keeper – Information & Instructions
We wanted to update you with the most current information for the JobKeeper Scheme as of 14 April 2020. The ATO has released the following operational guidelines. We are here to help you understand and navigate the tasks required over the coming weeks. There are some...
COVID-19 Stimulus Legislation has Passed
Late on Wednesday, 8 April 2020, Parliament passed the Coronavirus Economic Response Package (Payments and Benefits) Bill 2020 and the Coronavirus Economic Response Package Omnibus (Measures No. 2) Bill 2020. The first of these measures authorises the introduction of...
2nd Government Stimulus Package
Income Tax Instalments – all businesses The Australian Tax Office (ATO) will provide administrative relief for certain tax obligations (similar to relief provided following the bushfires) for taxpayers affected by the Coronavirus outbreak, on a case-by-case basis....
COVID19 Workplace Law Guidance
Where can I get information on health and safety in the workplace? • The Australian Government Department of Health • WA State Public Health Unit • Safe Work Australia • WA State workplace health and safety body • Comcare (Commonwealth) – for Australian government...
COVID19 Economic Stimulus
To all our valued Clients and Supporters, Following on from our most recent communications to you late last week, we wanted to provide you with further information on the impact of COVID-19 to you, your business and the greater community as we see it. We have taken...
Catch Up Concessional Contribution Cap
There is an exciting opportunity for eligible Australians starting this financial year. It is the ability to bring forward unused concessional contribution caps from prior years if your individual members balance is under $500,000. Whilst the existing concessional cap...
2019 Budget Proposed Superannuation Changes
The budget has not uncovered any major Superannuation changes. With the call on the election date imminent, this budget has left out any changes that could be considered controversial. You will see below that minor tweaks have been preferred to further structural...
Single Touch Payroll
From the 1st of July 2018, employers with 20 or more employees will be required to report payments such as salaries and wages, pay as you go (PAYG) withholding and super information in real time. Businesses with 19 or less employees will have another year to comply...
Deductible Contribution Opportunity
If you want to reduce your personal tax this year, you are able to take advantage of changes to the Superannuation contribution rules. In the past, unless you were salary sacrificing, salary and wage earners were not able to contribute to Super to reduce their taxable...
First Home Super Savers Scheme
Are you currently saving for your first home and want some tax relief? The Australian Government has created this scheme to help first home buyers save for a deposit on their first home. To qualify, you cannot have previously owned a property in Australia. In...
Update – “Downsizing” Contributions
"Downsizing" Contributions Are you over 65 and wish that you had put more money into Superannuation? Many older Australian's are now realising that topping up Super just before retirement is not as easy as they imagined, or it may now be even impossible for some....
Salary Sacrificing? Important Message
We would like to remind all clients that from the 1st of July 2017, the concessional contributions cap has been lowered to $25,000 for everyone regardless of age. As this is a significant decrease, it is possible that your current salary sacrifice arrangements with...