JobKeeper to be extended
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Applying for your superannuation guarantee amnesty
If you are an employer looking to correct past unpaid superannuation guarantee (SG) amounts, you now have a six-month window until 7 September 2020 to apply for SG amnesty. Up until early September, employers will be able to disclose, lodge and pay unpaid SG amounts for their employees. Employers are encouraged to apply for SG…
ATO’s additional tax support for businesses
While the Australian Government has provided businesses with many relief measures during the COVID-19 pandemic, such as the JobKeeper subsidy payment scheme, major changes to instant asset write-off and also rental relief for commercial tenants, the ATO has also provided additional tax support measures that may help your business further. The ATO is providing businesses…
Ways to retain your employees
Retaining your employees is often a harder task than you think, especially during fluctuating economic conditions and with a growingly skilled and talented workforce. Here are some tips you can implement into your workplace culture to help you retain employees and make sure they are happy working with you! Provide quality leadership, management and supervision:…
What the NSW $1.6 billion coronavirus stimulus package will mean for you
As a result of the coronavirus outbreak in NSW and a decline in economic activity throughout the state, on 17 March 2020, the NSW government announced its own $2.3 billion coronavirus stimulus package which includes direct efforts to assisting small businesses. Out of the $2.3 billion, $700 million will go into health funding, while the…