The highly infectious Delta COVID variant is triggering lock-downs across the country. We look at what help is available and how you can get it.

Taxation, Financial Accounting, Business DevelopmentJPR BUSINESS GROUP7 July 2021coronavirus, covid, small business, lockdown, government assistance

JobKeeper: The next steps

The first tranche of JobKeeper ended on 27 September 2020. We look at the issues for those seeking to qualify for the second tranche of JobKeeper and for those no longer eligible.

Taxation, Financial Accounting, Corporate SecretarialJPR BUSINESS GROUP1 October 2020jobkeeper payment, jobkeeper, JobKeeper, Jobkeeper 2.0, ATO, Tax, business, small business, employment, sole trader, covid-19, coronavirus

Preventing a tsunami of insolvencies

The Government has stepped in to prevent a wave of insolvencies when the COVID-19 support measures run their course in December 2020. Temporary insolvency and bankruptcy protections are in place until 31 December 2020 to enable businesses to trade through the pandemic

Financial Accounting, TaxationJPR BUSINESS GROUP28 September 2020small business, sole trader, business, business assistance, ATO, australian tax office, covid-19, coronavirus, Taxation, tax

Has 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. But, 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’?

Corporate Secretarial, Financial Accounting, New BusinessJPR BUSINESS GROUP1 September 2020business, covid-19, pandemic, coronavirus

What now? Where to get help if you need it

The Government has announced further changes to the JobKeeper scheme. The good news is that employees that missed out on JobKeeper because they were not employed on 1 March 2020 might now be eligible

Corporate Secretarial, Financial Accounting, New Business, TaxationJPR BUSINESS GROUP13 August 2020jobkeeper payment, jobkeeper, coronavirus, covid-19, business, business assistance

JobKeeper changes: What's new in JobKeeper 2.0

On 21 July 2020, the Government announced that due to the ongoing COVID-19 crisis, the JobKeeper Payment Scheme will be extended by six months until 28 March 2021, from the original end date of 27 September 2020. The period of the extended scheme comprises 13 fortnights - ie. the proposed extension doubles the length of the original scheme.

Taxation, Financial Accounting, Business DevelopmentJPR BUSINESS GROUP24 July 2020coronavirus, covid-19, tax, jobkeeper, jobkeeper payment, government assistance

JobKeeper and termination payments

An employment termination payments (ETP) is a lump sum payment made to an employee when their job is terminated. ETP’s are generally made up of unused sick leave or unused rostered days off, payment in lieu of leave, genuine redundancy payments, etc.

Taxation, Financial Accounting, Corporate SecretarialJPR BUSINESS GROUP3 July 2020covid-19, coronavirus, jobkeeper, employment law

ATO on the warpath: COVID-19

We always knew that a Government scheme swiftly distributing cash during a crisis was going to come with equally swift compliance and review measures, particularly when eligibility was self-assessed. Two major Australian Taxation Office (ATO) initiatives are searching out fraud and schemes designed to take advantage of the Government’s Coronavirus Economic Response Package.

Corporate Secretarial, Financial Accounting, TaxationJPR BUSINESS GROUP3 July 2020covid-19, coronavirus, tax, ATO, taxation, sm, small business

Covid-19 Business Support and Financial Assistance Finder

The Victorian Government has released the Covid-19 (Coronavirus) Business Support and Financial Assistance Finder online.

Financial Accounting, Taxation, InvestmentJPR BUSINESS GROUP30 April 2020coronavirus, covid-19, business, business assistance, financial advice, government assistance

Working from home and the new government 'shortcut' method

Last week the government announced special arrangements this year with regard to completing your individual tax return and taking account of the current working from home measures. This will make it easier for people to claim working from home deductions.

TaxationJPR BUSINESS GROUP15 April 2020working from home, home office expenses, home office claims, coronavirus, covid-19, Taxation, tax deductions