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    Tax

    Federal Budget 2020: Changes for individuals and superannuation

    October 7, 2020

    Federal Budget 2020 – personal tax rates The biggest change to personal tax rates was announced by the Treasurer ahead of time, with the Labor party stating that they are open to bringing forward the next stage of tax cuts. The cuts in question were due to begin 1 July 2022, but have now been […]

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    Business Advisory

    Federal Budget 2020: What’s in it for businesses?

    October 7, 2020

    Government’s economic recovery plan Business investment, activity and confidence is clearly one of the key foundations of the Government’s economic recovery plan.  There are a variety of measures that affect small business, medium and large business and even one measure that transforms many medium businesses into “small” businesses for tax law purposes. Most of these […]

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  • Business Advisory

    JobKeeper 2.0 testing updates

    October 2, 2020

    JobKeeper 2.0 – Alternative tests The extension known as JobKeeper 2.0 formally commenced on 28 September and there has been a number of updates to the rules. Here we will look at details in relation to the decline in turnover test that is required to be satisfied for eligibility to JobKeeper 2.0. In relation to […]

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    Business Advisory

    Latest JobKeeper 2.0 rules & comparison

    September 16, 2020

    Comparing JobKeeper and JobKeeper 2.0 On Monday 15 September the Government released the 8th amendment to the JobKeeper rules, which in this case was the formalisation of what has been called JobKeeper 2.0. There has recently been some confusion of the overlap between JobKeeper and JobKeeper 2.0, which we clarified here and in the image […]

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  • JobKeeper-Timeline_Working
    Business Advisory

    Where are we at with JobKeeper?

    September 4, 2020

    Keep up to date with the latest JobKeeper changes There have been a lot of changes announced to JobKeeper since the program began operation in April 2020. Late July through to the end of August, in particular, had a number of announcements which affected both JobKeeper and JobKeeper 2.0, which has created some confusion over […]

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  • Jobkeeper 2.0 dates COVID-19
    Business Advisory

    COVID-19 – JobKeeper eligible employee dates

    August 19, 2020

    Key changes due to JobKeeper JobKeeper continues to evolve, as the Government attempts to roll with the punches that the COVID-19 pandemic keeps throwing.  Firstly they announced an extension to the program, called JobKeeper 2.0. Following that was the announcement and formalisation of a change made to the qualification date for eligible employees, which is applicable […]

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  • COVID-19 Closed Melbourne
    Business Advisory

    COVID-19 – Melbourne – Stage 4 Restrictions

    August 4, 2020

    It’s safe to say we weren’t prepared for this but there are Government programs available to help. In early July 2020, Victoria reverted back to Stage 3 restrictions for Metropolitan Melbourne and the Mitchell Shire in an attempt to contain the spread of COVID-19. On 3 August 2020, in a year of constant ‘unprecedented’ announcements, […]

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  • JobKeeper 2.0 - Accru Melbourne
    Business Advisory

    COVID-19 – JobKeeper 2.0

    July 22, 2020

    Government announcement of JobKeeper 2.0 The Prime Minister and Treasurer announced on Tuesday 21 July changes to the JobKeeper program, describing it as JobKeeper 2.0 and confirming that it will be extended from its original expiry date of 28 September 2020 until 28 March 2021. There are two important points to make in relation to […]

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  • Stage 3 back - Accru Melbourne
    Business Advisory

    COVID-19 – Melbourne back into Stage 3 restrictions

    July 8, 2020

    It’s safe to say we weren’t prepared for this but there are Government programs available to help. For weeks in Victoria, it looked like we were on the brink of recovery and a return to some new state of normalcy. In the end, it looks like we are once again on the precipice of a […]

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  • Planning Tax 2020
    Tax

    6 key changes for Tax Planning 2020

    June 23, 2020

    Preparing for tax time 2020. Time has been flying by and there is news changing daily around the pandemic. We’ve all been preoccupied with stimulus updates and keeping informed on what to do for our health, our business and our finances – but suddenly 30 June is just around the corner and it’s time to […]

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