Now more than ever, business operators should have a plan in place to manage during uncertain times. Even if your business is not directly impacted, it’s likely your customers, your supply chain, and your workforce will be to some extent. So, how do you plan for uncertainty when every assumption is subject to change? Now […]
READ MOREHas COVID-19 devalued your business?
If you are selling your business, merging, acquiring, or inviting in new investors, you need to understand the value of your business. To what degree does the pandemic impact on value? Should you discount or hold firm to pre COVID-19 performance on the basis that ‘we’re going to come out of it eventually’? Understand the […]
READ MOREChanges to JobKeeper – Current scheme updated and effective from 3rd August 2020
On Friday 14th August 2020, the Treasurer released updated JobKeeper Rules in regards to a new test date for eligible employees from 3 August 2020 onwards. Under the original JobKeeper rules, an employee needed to have been employed by the entity as at 1 March 2020. The new rules allow that the relevant test date […]
READ MOREJobKeeper 2.0 – Extension of Stimulus Package
On Tuesday the 21st July, the government announced proposed changes to JobKeeper which will come into effect in September 2020. Rather than winding up the stimulus in September, it will now continue to be available to eligible businesses through to 28 March 2021, however it will be at a reduced payment rate. Eligibility: To continue […]
READ MORECOVID-19 Tax Implications
With both state and Federal governments announcing a range of stimulus packages over the last 4 months, businesses and individuals have been receiving a number of different income streams, which has led to a number of queries as to how these are treated from a tax perspective. COVID-19 Cash Flow Boost The Cash Flow Boost […]
READ MOREThe end of JobKeeper – are you prepared?
Jobkeeper is scheduled to end on the 30th September With government support programs due to end on the 30th September, business owners (and individuals) have 10 weeks to prepare themselves to survive without government financial assistance. Some industries have been hit harder; and will take longer to recover than others. No one truly knows what […]
READ MORE$10k Small Business Grant – Round 2 Open 1 July 2020
$10k Small Business Grant – Get Your Application Ready for lodgement on 1st July We anticipate the demand for the second round of the Business Adaption Grant will be very high. With the next round of funds being split evenly between regional & SEQ, we believe the time you will have to lodge your application […]
READ MOREDream for a Better World Grant
Supported by Sunsuper, the Dream for a Better World Grant is offering funds to businesses that tie in with one of the UN Sustainable Development Goals. If you are in these ‘doing good’ categories they may be interested? To qualify, your dream (an innovative solution, project, or initiative) must aim to tackle a local or […]
READ MOREHomeBuilder Grant: What is it and how do you access it?
The Government has announced grants of $25,000 to encourage people to build a new home or substantially renovate their existing home. The HomeBuilder scheme targets the residential construction market by providing tax-free grants of $25,000 to eligible owner-occupiers, including first home buyers, to build a new home or substantially renovate their existing home. The grants […]
READ MOREQLD Small Adaption Grant
This grant will assist QLD small businesses who have been forced into hibernation, or who had to significantly change business operations as a result of the pandemic. The program aims to help small business prepare for safe resumption of trading and recovery and access new opportunities to relaunch their business. The grant amount is a […]
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