News

Updates to the JobKeeper Program

Updates to the JobKeeper Program

As we enter the month of May, we will start to see the first of the JobKeeper Payments paid out to eligible businesses. Due to the nature of announcing a stimulus package at short notice, details of the program have been developed and released progressively throughout...

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JobKeeper Payment

JobKeeper Payment

Last night the Prime Minister, Scott Morrison, announced the latest in the Covid-19 stimulus packages that aim to ease the impact of the pandemic on our local economy.  The main focus of the JobKeeper Payment is to keep more Australians in jobs and support the...

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COVID-19 Stimulus Package 2

COVID-19 Stimulus Package 2

Covid-19 Stimulus Package 2 To our dear clients, We are all facing an incredibly trying time for our economy, businesses, employees and retirees.  The second economic stimulus package announced yesterday by Prime Minister Morrison and Treasurer Frydenberg has been...

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Superannuation Amnesty Bill

Superannuation Amnesty Bill

Superannuation Amnesty Bill After nearly two years in the planning, the superannuation guarantee amnesty bill has now passed both houses and is awaiting royal assent. As a result, employers have a window of opportunity to 'set things right before much tougher...

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December 2019 Update

December 2019 Update

Entertainment There is so much misinformation about what you can and can’t claim when it comes to entertainment expenses.  There are so many variations depending on the nature of the expense and who is receiving them that there is no wonder it’s a confusing area for...

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2019 Employer Update

2019 Employer Update

Single Touch Payroll As we head into the new financial year, employers need to be preparing for the new Single Touch Payroll (STP) reporting requirement that will become mandatory on 1st July 2019. To be STP compliant, employers will need to report wages, withholding...

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2019/2020 Budget

2019/2020 Budget

Budget 2019-20: The pre-election announcements that are now law The Federal Budget announced a series of measures, some of which were legislated before the election was called.   Extension and increase to the instant asset write-off The popular instant asset write-off...

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2018/2019 Budget

2018/2019 Budget

The federal budget was passed down on 8th May 2018 by Treasurer Scott Morrison and contained proposed changes that will affect a significant proportion of the Australian public.   Take a look as we review the highlights.   Personal Income Tax   Tax...

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End of Financial Year for Small Businesses

End of Financial Year for Small Businesses

As we near the end of the 2017 financial year the Care Accounting team share a few tips to ensure that you end the year on a high and are ready to start 2018 in tip-top shape.   Bank Reconciliation Ensure all bank transactions are reconciled.  We will need copies...

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2017 Legislation Update – Taxation & Superannuation

2017 Legislation Update – Taxation & Superannuation

As we fly through 2017 at lightening rate, we thought we’d update you on recent taxation and superannuation changes that may affect you or your business.   Small businesses get bigger: The Treasury Laws Amendment Bill 2016 has increased the number of entities...

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