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COVID-19 Stimulus Package 2

COVID-19 Stimulus Package 2

by Care Accounting | Mar 23, 2020 | Accounting, Blog, Business advice, Financial Management, Superannuation

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...
Superannuation Amnesty Bill

Superannuation Amnesty Bill

by Care Accounting | Feb 25, 2020 | Accounting, Blog, Business advice, Financial Management, Superannuation

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...
December 2019 Update

December 2019 Update

by Care Accounting | Dec 18, 2019 | Accounting, Blog, Business advice, Financial Management, Superannuation, Tax returns

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...
2019 Employer Update

2019 Employer Update

by Care Accounting | Jun 13, 2019 | Accounting, Blog, Financial Management, Superannuation, Tax returns

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...
2019/2020 Budget

2019/2020 Budget

by Care Accounting | Jun 11, 2019 | Accounting, Blog, Financial Management, Superannuation, Tax returns

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...
2018/2019 Budget

2018/2019 Budget

by Care Accounting | May 18, 2018 | Accounting, Blog, Financial Management, Superannuation, Tax returns

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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