• A quick 15 second update

    @National minimum wage has increased to $20.33 per hour or $772.60 per week (up from $19.84 and $753.80). @On 1 July 2021, the super guarantee rate has increased from 9.5% to 10%. If you have employees, you will need to ensure your payroll and accounting systems are updated to incorporate the increase to the super

    July 2, 2021
  • $5000 Business Basics Grants Program

    The Business Basics grants program provides support to businesses to increase core skills and adopt best practice. This support includes funded activities in 5 priorities: Training and coaching Website build or upgrades Professional business advice Strategic marketing services Business continuity and succession. The program is administered by the Department of Employment, Small Business and Training

    May 26, 2021
  • Casual employees – Laws have changed!

    On Friday 26 March 2021, sections of the Fair Work Act relating to casual employees were amended. These changes came into effect on Saturday 27 March 2021. A person is a casual employee if they accept an offer for a job from an employer knowing that there is no firm advance commitment to ongoing work

    April 22, 2021
  • Instant cash from energy class action for Queenslanders

    More than 40,000 electricity customers – households and small businesses – signed up for the class action, filed by law firm Piper Alderman. However, 1.2 million Queenslanders are still eligible. Australia’s largest energy class action is seeking to prove that two big electricity generators deliberately inflated consumers’ electricity bill. The case is being brought against

    February 2, 2021
  • COVID-19 Consumer Travel Grants Support Program

    A grant to support travel agents and tour arrangement service providers who’ve lost income because of COVID-19. The COVID-19 Consumer Travel Support Program provides a one-off grant to help travel agents and tour arrangement service providers stay viable. This will help them continue to trade and to meet their legal obligations to keep paying refunds

    December 31, 2020
  • What is for you in Government’s coronavirus stimulus package?

    The government has announced a range of measures to support the economy, business and employment in the face of the coronavirus health crisis. The measures include the below. Cash Flow Boost for employers employers with an aggregated annual turnover of under $50 million (based on prior year turnover) will receive a payment of $2000 to

    March 13, 2020
  • Single Touch Payroll(STP)

    Single Touch Payroll (STP), is a new way of reporting tax and superannuation information to Australian Taxation Office(ATO). All businesses used to report this information to the ATO once a year previously. Now with STP you report employees’ payroll information – such as salaries and wages, pay as you go (PAYG) withholding and super each

    September 27, 2019
  • Taxable payments annual report (TPAR)

    You may need to lodge a Taxable payments annual report (TPAR) by 28 August each year if you are a: Business providing: building and construction services cleaning services – for contractor payments from 1 July 2018 (first report due by 28 August 2019) courier services – for contractor payments from 1 July 2018 (first report due by 28 August

    June 15, 2019

    Many Australians invest in property, financial markets and other assets, both here and overseas. In 2016-17, almost 4 million individuals received dividend income of $23.4 billion while 2.1 million reported rental income totalling $44 billion. $20 billion in capital gains were reported by almost 700,000 individuals, while more than 900,000 reported capital losses of $27

    June 14, 2019

    If you’re a student, lodging an income tax return may seem a bit daunting. Parents who may be helping to navigate these uncertain waters can also find it challenging. GETTING YOUR REFUND If your total taxable income for the year ended 30 June 2019 is below the tax-free threshold of $18,200 you may not need

    June 14, 2019