What's changing on 1 July

As we approach the end of the financial year, we thought we'd update you on what's changing from 1 July 2020

Financial Accounting, Superannuation, TaxationJPR BUSINESS GROUP1 June 2020end of financial year, new financial year, ATO, instant tax write-off, superannuation

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

The Covid-19 Stimulus and Support Measures

We’ve designed this guide as a quick reference to the COVID-19 related tax and financial support that might be available to you.

The stimulus and support packages help, but there are gaps and they will not return most adversely impacted businesses or people back to their pre-pandemic position. It will all take time.

Taxation, Financial AccountingJPR BUSINESS GROUP15 April 2020business, covid-19, coro, stimulus package, ATO, Taxation, jobkeeper payment, JobKeeper

Government announces Jobkeeper Payment to support business

On Monday 30th March the Federal Government announced that it will invest $130 billion dollars into trying to support Australian workers with the new Jobkeeper Payment.

Community, Financial Accounting, New BusinessJPR BUSINESS GROUP31 March 2020jobkeeper payment, coronavirus, ATO, business, small business, tax, wages, covid-19

FBT hot spots

With the start of the Fringe Benefits Tax year looming on 1 April, businesses are being urged to review their Fringe Benefits Tax (FBT) position.

Taxation, Financial AccountingJPR BUSINESS GROUP11 March 2020fbt, Fringe benefit tax, Taxation, business

How to get your payroll right

Complex award and enterprise agreements can complicate payroll obligations, in terms of both regular salary and wages and the ongoing need to pay employee superannuation. On top of that, from 1 March 2020, changes commence for annualised wage arrangements that will increase the compliance burden on some businesses.