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

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.

Corporate Secretarial, Financial Accounting, New Business, Superannuation, TaxationJPR BUSINESS GROUP11 March 2020workplace relations, employment law, payroll, single touch payroll, superannuation guarantee, superannuation, small business

New workplace award rules coming into force on March 1

All employers with employees on fixed annual salaries are now on notice about new award rules coming into force on March 1st.

Corporate Secretarial, Financial Accounting, New Business, Superannuation, TaxationJPR BUSINESS GROUP20 February 2020fairwork commission, employment law, wages, salary, award wage, employment

The Super Guarantee timing trap for employers

How employers are being caught out by the timing of superannuation guarantee payments.

New Business, Financial Accounting, SuperannuationJPR BUSINESS GROUP9 December 2019ATO, superannuation guarantee, superannuation

Australia embraces Black Friday and Cyber Monday

The Black Friday and Cyber Monday sale concepts have well and truly arrived in Australia with retailers embracing this latest retail event to stimulate what has been an economically lack lustre year.

Corporate Secretarial, Business Development, New BusinessJPR BUSINESS GROUP9 December 2019black friday, small business, SME, cyber monday, business, retail business, online business

5 things that will make or break your business’s Christmas

The countdown to Christmas is now on and we’re in the midst of the headlong rush to get everything done and capitalise on any remaining opportunities before the Christmas lull. Busy period or not, Christmas causes a period of dislocation and volatility for most businesses

New Business, Taxation, Business DevelopmentJPR BUSINESS GROUP6 December 2019business, small business, SME, christmas

Tax & Super: Let's look at what a Labor Government would do

One of the more controversial measures announced by the ALP is the reforms to the dividend imputation credit system to remove refundable franking credits from shares. The measure, as announced, would apply to individuals and superannuation funds, and exclude Australian Government pension and allowance recipients, and tax-exempt bodies such as charities and universities

Financial Accounting, Investment, New Business, Superannuation, TaxationJPR BUSINESS GROUP2 May 2019Tax, self managed super funds, superannuation, Taxation, ato, australian tax office, business, small business, SMSF, family business, negative gearing

2019-20 Federal Budget: What's in it for you?

On Tuesday 2 April Federal Treasurer Josh Frydenberg handed down his first budget. So what’s in it for you?

Superannuation, Taxation, New Business, Financial AccountingJPR BUSINESS GROUP4 April 2019federal budget, budget, tax, taxation, government, ato

Accelerated tax rate reduction for small business

Small business is still a vote winner with the Government and Opposition teaming up to accelerate tax cuts for the sector by 5 years impacting on an estimated 3.3 million businesses.

Parliament recently passed legislation to accelerate the corporate tax rate reduction for corporate tax entities that are base rate entities (BREs)

New Business, TaxationShelley Wood2 November 2018small business, business, retail business

The new rules for gift cards – what you need to know

In Australia, around 34 million gift cards are sold each year with an estimated value of $2.5 billion. On average, an estimated $70 million is lost because of expiry dates.

Financial Accounting, New BusinessJPR BUSINESS GROUP2 November 2018small business, retail business, business, family business, gift cards