Accounting & Wealth Insights

If your business currently receives JobKeeper, your arrangements will generally remain unchanged until 27 September 2020. From 28 September 2020, employers seeking to claim JobKeeper payments will need to reassess their eligibility.

There’s no doubt tax time can feel like a time-consuming hassle for those running their own business. Here are seven essential tax tips every small business owner, self-employed or sole trader needs to know this EOFY.

Thousands of Australians changed their working arrangements this year. With this significant shift of people to their home office, the ATO recognised the need to introduce a simple method of calculation for work expenses.

The end of the financial year is an excellent time to review your superannuation. With just over a month left until the 30 June deadline for the 2019/20 financial year, we have some beneficial superannuation taxation strategies for you to consider.

Information is power. If you have the right information about your business – your cash flow, your shortfalls, your revenue, your employees – then you have the capability to make changes for the better, at the right time. That’s the power of real-time business accounting.

Selecting a business accountant is one of the most important decisions you can make. While there are many accountants who are good at what they do… they might not be the best fit for your business. The right accountant will save you time and money.

On 15 April 2020, the Australian Taxation Office released their guidance regarding the JobKeeper Payment. We have compiled the update below to advise on the most relevant points, and outlined steps that need to be taken for eligible businesses to receive it.