Category

Accounting
The Federal Government has announced that it will extend the $150,000 instant asset write-off, for a further 6 months until 31 December 2020. This is following the expansion of the programme from assets worth $30,000 to $150,000 in response to the March COVID-19 pandemic. The $150,000 write-off had previously been due to expire at 30…
Read More
The Federal Government has announced a $25,000 HomeBuilder tax-free stimulus grant. The stimulus is targeted at home owners to build new houses or renovate their existing ones. The grant is available where a contract is signed between 4 June 2020 and 31 December 2020. The Federal Government hopes this new HomeBuilder scheme will encourage home…
Read More
Applications are drawing to a close for the Service NSW Covid-19 support grant of $10,000 for small business’s highly impacted from COVID-19 pandemic following the NSW Public Health Order on 30 March 2020. The grant is part of the NSW Government Small Business Support Fund. Applications are open until 11.59 pm Tuesday 30 June 2020. Eligibility…
Read More
Single touch payroll (STP) is an initiative by the Australian government which requires all employers to report their employees’ payroll information electronically to the ATO portal for each payroll cycle, whether this be weekly, fortnightly or monthly.
Read More