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Did You Know?

  • Extended Instant Asset Write-Off

    June 17, 2020

    On the 12th of March as part of the COVID-19 Federal Government stimulus package, the instant asset write off was increased from $30,000 to $150,000. So any assets purchased after this date under this amount are eligible to be claimed as a full tax deduction provided it is installed...

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  • SMALL BUSINESS COVID-19 ADAPTION GRANT PROGRAM

    June 17, 2020

    The Queensland State Government is extending the Small Business COIVD-19 Adaption Grant Program. As part of the Stage 2 Queensland Economic recovery plan, $100 million of funding is being made available to deliver a second round of grants, with half of this funding being specifically for regional small businesses...

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  • Covid-19 and Your SMSF

    June 1, 2020

    The end of any financial year is a busy time. For this financial year, the impact of COVID-19 on investment markets generally and the economy more broadly means trustees need to be even more thorough in their analysis and evaluation of their SMSF and retirement plans. We have outlined...

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  • Queensland State Government Small Business Grant Program

    May 21, 2020

    The objective is to support small businesses subject to closure or highly impacted by the coronavirus (COVID-19) shut down restrictions announced by the Queensland Government to be able to adapt and sustain their operations. The available funding is $10,000 per eligible small or micro business. The funding can be...

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  • JobKeeper Payment – Everything you need to know

    April 17, 2020

    The Australian Government has introduced the JobKeeper scheme to assist businesses affected by the Coronavirus. Below we have information for both employers, along with Sole Trades and other businesses which do not have employees. We request that you carefully review the information provided below (and within the links) and...

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