Death & taxes, the two certainties of life - an oldie but oh so true. Most of us don’t like to think about and or talk about death. Unfortunately it’s really important to both talk and think about if you want to look after your legacy. For a lot of people super becomes one of the biggest assets you own so it’s vital to consider what you want to happen with this when you die.
This page is a summary of all the Government Stimulus announced as part of COVID-19. Note JobKeeper is such a huge piece of legislation with so many intricacies that we will have a dedicated page just for this.
For Small Business re COVID-19
Another announcement this morning from the PM on a range of additional measures to help support Medicare, Mental Health, Domestic Violence and emergency food services.
For Small Business re COVID-19
Today the government announced additional measures to assist small businesses. These measures have adjusted and added to the stimulus package announced last week. We've summarised below both the new announcements and the existing to make it easier for you to understand what applies for you. We will keep updating this as new measures are announced.
For Small Business re COVID-19
Last week the government announced a series of stimulus packages for small business designed to assist the economy in the wake of the COVID-19 virus. This bill will be in Parliament to be passed the last week in March. Assuming the bill is passed we've summarised below how it will effect small businesses.
Another year is almost over so it's time to start getting ready for your 2019 Income Tax Return.
What this means for you and your business
This years budget is all about 'getting back in the black'. Tax Offsets, instant asset write off & crack down on 'dodgy' tax payers are hot topics this year.
Time to get yourself organised for 30 June - aka end of Financial Year.
What this means for you and your business
This year's budget is all about the 'stronger and smarter economy'. Small tax concessions, more red tape, changes to R&D and a focus on infrastructure spending. The treasurer announced 5 major things that must be done:
Provide Tax Relief
Keep backing businesses to invest
Provide essential Services
Keep Australia Safe
Ensure Governments live within their means
Fringe Benefits Tax...aka FBT for short is upon us again. While some of you might not actually have to pay FBT, you still need to ensure your paperwork is in order.
Today is the last day to ensure you have everything sorted for the end of the financial year. Yep it's time to dot your i's and cross your t's. We've put together a list of everything you need to tick off so you don't miss a thing.
Very few people get really excited about combing through piles of paperwork and receipts at tax time. But for most people, not spending this time means they miss out on tax deductions which means missing out on money back from the government!
What this means for you & your business
Whilst the last few years have concentrated on small businesses and superannuation this years budget is much more focused on Big Banks, foreigners and welfare. Described as a "budget about making the right choices to secure the better days ahead"