NSW COVID-19 Business Grant – Applications now open

Posted on July 22, 2021 by admin

Applications are now open for the first NSW government grant. The COVID-19 business grant is in place to support businesses with expenses not covered by other government funding. The eligibility criteria is as follows: have an Australian Business Number (ABN) and were operating in New South Wales as at 1 June 2021; have total annual …

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Government Grants – Register Your Interest Now

Posted on July 15, 2021 by admin

We hope you are keeping well following the annoucement of a further two week lockdown in Sydney. The NSW government has announced serveral grants to provide relief to businesses affected by the COVID-19 lockdowns. Full eligibility criteria and applications are still being developed by Services NSW and Services Australia. At this stage, businesses can register …

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PAYG Instalments and Fringe Benefits Tax

Posted on May 19, 2021 by admin

We have made it to the end of March which represents another quarter down! Earlier this year, we sent an email regarding PAYG Instalments and so to jog your memory we are sending this again. You should expect to see a PAYG Instalment in every quarter end BAS returns, it means we are efficient provisioning …

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Pay As You Go Instalments (PAYGI) – EXPLAINED!

Posted on February 15, 2021 by admin

Each quarter, we receive lots of questions regarding PAYG Instalments… what are they and how are they calculated? Pay As You Go Instalments are used to “prepay” future income tax liabilities. The ATO issues PAYG Instalments for companies and individuals that had a tax liability in the previous financial year. For both companies and individuals, …

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What you need to know about JobKeeper, Rent Relief and NSW Govt Grants

Posted on April 16, 2020 by admin

    Dear Friend We hope you are staying safe and well. There have been several developments in the past week with further government support for small and medium businesses. The three major releases are the legislation of JobKeeper payments, rent relief for small and medium enterprises and NSW government grants of up to $10k. …

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More Information on JobKeeper employee eligibility

Posted on March 31, 2020 by admin

Further to our email communication this morning, the government have released further treasury notes which includes the following clarifications. Eligibility is as follows: An employee that was on the books on 1 March 2020 and continues to be engaged by that employer – including full-time, part-time, long-term casuals and stood down employees Casual employees that have …

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