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July News

ATO’s small business focus for 2022 income year The ATO announced that it will be focussing on the following matters for small business tax returns for the 2021/22 year: Deductions that are private in nature and not related to business income, as well as overclaiming of business expenses (especially for taxpayers running a home-based business). [...]

NSW Gov support – APPLY NOW

1. Small Business Support Program Applications close 31 March If you’re a business, sole trader or not-for-profit organisation in NSW and you've been impacted by the Omicron wave of COVID-19, you may be eligible for a payment under the 2022 Small Business Support Program. To be eligible, your business must have a $75,000 to $50 [...]

More seeking financial advice

Our previous blog outlined how low and middle-income Australians have a growing need for quality financial advice. However, current compliance obligations are complex, bureaucratic and unprecedented cost-drivers for financial advisers and consumers. And higher-income Australians that can afford Financial Advice are forced to pay increasingly more due to over-regulation. Our guest author, Alex Burke, outlines [...]

By |2021-11-18T16:55:55+11:00November 18th, 2021|Categories: Blog, Featured, Finance & Loans, Financial Advice|Tags: , |

Petition to reduce Govt regulation

Low and middle-income Australians have a growing need for quality financial advice. However, current compliance obligations are complex, bureaucratic and unprecedented cost-drivers for financial advisers and consumers. And higher-income Australians that can afford Financial Advice are forced to pay increasingly more due to over-regulation. The original objective of the Parliamentary Enquiry into the Financial Services [...]

JobSaver eligibility has changed

If you're a business in NSW and you're claiming JobSaver, you'll need to reconfirm your eligibility each fortnight to continue receiving your payments. AND, you must use the same comparative period as your original application (so either the 2-weeks before, 2019 or 2020). The JobSaver payment provides cash flow support to businesses in Greater Sydney [...]

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