Important Notice: Director Identification Number Regime Based on the recent ATO announcement, the Australian Business Registry Services (ABRS) will be introducing and maintaining the Director Identification Number as of 1 November 2021. What is a Director Identification Number? The Director Identification Number (Director ID) is a 15 digit unique identifier that will help prevent the […]
Click here to download the Profit Matters Newsletter – Spring 2021
Jobsaver, Disaster Payments & Micro-Business Grant to be phased out As vaccination targets are being met across NSW, the Government has announced the procedure for phasing out the stimulus currently in place, as follows: JobSaver and Micro-business grant At 70% Double Vaccination Rate (16 years and older) JobSaver: Payments will reduce from 40% to 30% […]
The NSW Govt has implemented further measures to mandate rent relief for eligible commercial tenants impacted by COVID-19. Broadly, in order to qualify, tenants must have entered into a lease before 26 June 2021 and be an “Impacted Lessee,” which means they qualify for either the: 2021 COVID-19 JobSaver payment; or Business Grant; or […]
Following on from our newsletter last week, we can now confirm that fortnightly confirmations will be required in order to continue to receive JobSaver payments. Businesses will be required to confirm the following fortnightly: That the business continued to experience a decline in turnover of 30% or more for that fortnight compared to a prior […]
Further to the updates earlier today, Service NSW has announced a 2 weeks grace period to confirm eligibility for the JobSaver program. The Professional Accounting Bodies will be working with Service NSW in the meantime to consider workarounds for the eligibility tests. We will be in contact as further information becomes available. If you have […]
From Friday the 10th of September, you will need to reconfirm your business still meets the eligibility criteria every fortnight to continue to receive your ongoing support payments. That is, you need to confirm with ServiceNSW that you have maintained your employee headcount and that you continue to experience a decline in turnover of more […]
Assets V Cashflow Podcast In this episode of The Property Experience, your host Anna Porter is joined by Mark Pinhorn of HYD Advisory – Harvest your dreams. They discuss Assets V Cashflow – What should business owners be focused on for 2021. The dynamic duo cover things like; 💥 Should business owners tie up capital […]
Click here to download the Business Matters Newsletter – Winter 2021
Click here to download the Profit Matters Newsletter – Winter 2021
