Federal Budget 2021-22
The Government has decided not to go down the austerity path, which will be a relief for many taxpayers and businesses.
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The SME Recovery Loan Scheme is now open - Tax Accountants Brisbane
Loans for small to medium enterprises (SMEs) are available until 31 December 2021 under the Federal Government’s SME Recovery Loan Scheme. The scheme is designed to support the economic recovery, and to provide continued assistance, to firms that received JobKeeper and also to firms that are eligible flood-affected businesses.
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EOFY tips for your tax plan - Tax Accountants Bankstown
The financial year is almost over, but there are still effective strategies you may be able to put in place.
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Refinancing loan interest may be deductible to a partnership - Tax Accountants Willetton
A general law partnership is formed when two or more people (and up to, but no more than, 20 people) go into business together. Partnerships are generally set up so that all partners are equally responsible for the management of the business, but each also has liability for the debts that business may incur.
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New insolvency reforms to support small business - Tax Accountants Warwick
The Australian Government has made changes to the ATO’s insolvency framework to help more small businesses restructure and survive the economic impact of COVID-19.
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JobMaker hiring credit: What you need to know - Tax Accountants Sunny Bank
The JobMaker Hiring Credit scheme was passed into law in mid-November 2020. JobMaker was part of the 2020-21 Federal Budget, and will operate until 6 October 2021. It is designed to improve the prospects of young individuals getting employment, by incentivising employers to hire them, following the devastating impact of COVID-19 on the labour market.
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