The JobKeeper scheme was due to run out on 28 September 2020, leaving many businesses wondering how on earth they were going to survive. But now, there’s an updated scheme to keep Australia afloat. The JobKeeper Scheme has been extended. Extending the JobKeeper payment from 28...

With COVID-19 sending the world home into lockdown, home offices have been given a new meaning, (in all matters of the word). Whether you’ve had to turn your couch into an office and your kitchen table into a ‘meetings only zone’, it seems the government...

The instant asset write-off scheme has always been a fantastic tax break for small businesses to take advantage of. Recently, however, the Federal Government increased the asset write-off threshold considerably, in order to relieve some of the financial strain caused by the COVID-19 pandemic. To...

The Federal Government has now announced (as part of its Coronavirus Stimulus Package) the introduction of a new JobKeeper Payment to assist eligible employers (and self-employed individuals) who have been impacted by the Coronavirus pandemic to continue to pay their workers.Below is a broad summary...

As usual, it’s time to organise your EOFY tax return, but it might be different this year. That’s because the ATO is now using cryptocurrency data matching to identify false tax deductions. While they are still keeping an eye on work-related expenses and asset write-offs,...

With the end of the financial year looming rapidly, it’s time to organise all your invoices so you can make the correct tax deductions in your tax return. However, knowing what and what you can’t claim as deductions can be a challenge, so here is...

Learn how to define your personal goals so you can create a plan to achieve them …  Most of us have personal goals that we want to accomplish, however knowing where to begin or the right questions to ask isn’t always easy. Have you ever caught...

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