North Advisory Accountancy Blog | North Advisory - Part 4
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    North Advisory Accountancy Blog

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    Do you have the right business accountant?

    Posted May 6, 2020 by North Advisory

    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.

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    JobKeeper Payment… the process and more

    Posted April 29, 2020 by North Advisory

    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.

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    Understanding the investment market

    Posted April 17, 2020 by North Advisory

    Whether you are new to investing or a seasoned professional, the current state of the global economy can be cause for concern. With the outbreak of COVID-19 reaching all corners of the planet, the economic impact has been headline news for weeks.

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    Government assistance for workers

    Posted April 15, 2020 by North Advisory

    On 8 April 2020, the JobKeeper Stimulus package passed through Parliament. It provides critical financial support for many struggling businesses and individuals in this difficult time.

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    New Government Stimulus – Action Plan

    Posted April 8, 2020 by North Advisory

    On 30th March 2020, the Government announced another stimulus package for the Australian economy worth $130 billion. It is the third and largest package announced to help keep the economy afloat.

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    Economic stimulus packages for superannuation explained

    Posted March 25, 2020 by North Advisory

    Over the past few weeks, the Government has announced two economic stimulus packages to cushion the economic impact of the Coronavirus. A total of $189 billion is being injected into the economy by all arms of Government in order to keep Australians in work and businesses in business.

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    Government second stimulus package

    Posted March 24, 2020 by North Advisory

    A second Government stimulus package was announced on 22nd March 2020, adding another $66 billion into the economy… with even more on the way.
    We have assessed the package with regard to both our business and non-business clients.

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    Investing in the age of 24-hour media

    Posted February 19, 2020 by North Advisory

    There’s something empowering about living in this day and age – having the ability, with a few keystrokes or even a quiet word to Siri, to access.., well, anything. But it’s important to remember that what you read on the internet is not always a good basis for decision making.

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    ATO receives five more years of policy details from insurers about ‘lifestyle assets’ like yachts, fine art

    Posted February 6, 2020 by North Advisory

    The Australian Taxation Office (ATO) today revealed it will be requesting a further five years’ worth of policy information from over 30 insurance companies about taxpayers who own marine vessels, thoroughbred horses, fine art, high value motor vehicles and aircraft.

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    GST and drop shipping

    Posted February 6, 2020 by North Advisory

    If you use drop shipping for your business, GST will apply to sales of low value imported goods valued at $1,000 or less. Australian retailers should treat these sales the same as other domestic sales and apply GST at the point of sale.

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