Payroll Prices Reduced!

We have recently reviewed our Payroll pricing, and REDUCED our prices! We are constantly reviewing our services and prices to keep up with the services our clients need, and the changing demand of our world. Because we have been using Xero for many years, work with systems to streamline your Payroll Processing, and with the…

JobKeeper 2.0 Summary

The Government is extending the JobKeeper Payment by a further six months to March 2021. Support will be targeted to businesses and not-for-profits that continue to be significantly impacted by the Coronavirus. The payment rate will be reduced and a lower payment rate will be introduced for those who work fewer hours. Other eligibility rules…

MEDIA RELEASE 29 Mar 2020

Prime Minister, Minister for Foreign Affairs and Women, Assistant Minister for Health, Minister for Families and Social Services More help will be given to millions of Australians battling the devastating impacts of coronavirus with a $1.1 billion package which boosts mental health services, domestic violence support, Medicare assistance for people at home and emergency food…

Income support for individuals

Australian Government Fact Sheet The Government is temporarily expanding eligibility to income support payments and establishing a new, time-limited Coronavirus supplement to be paid at a rate of $550 per fortnight. This supplement will be paid to both existing and new recipients of the eligible payment categories. These changes will apply for the next six…

Why do I need a Profit & Loss Report and how do I read it?

Most people start their business because they are passionate about the primary work of the business — which usually    is not accounting. This means that most business people aren’t completely aware of how to interpret the monthly financial reports they receive. For business owners, the Profit & Loss Report, and other financial reports can highlight…

Increased Instant Asset Write-off

The instant asset write-off (tax deduction) threshold has increased to $30,000, and has been extended to 30 June 2020. Your business can claim an immediate tax deduction of up to $30,000 for the business portion cost of each asset (new or 2nd hand), which is purchased and first used or installed ready for use from 7.30pm…