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We endeavour to keep articles relevant to our clients' needs and interests.

Also look at some of our e-newsletters that will keep you current with the latest news.

 

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  • 7th Aug 2020 Economy

    JobKeeper Changes

    The Government announced today (7 August) that they will be changing two key points of the eligibility criteria for JobKeeper. These two changes are significant and we would expect they will allow...
  • 21st Jul 2020 Economy

    JobKeeper 2.0

    This article has since been superseded as a result of recent announcements. Please refer to this article for current JobKeeper information.
  • 26th Jun 2020 Not-For-Profits

    Victorian Portable Long service leave for community services

    By now most Victorian employers in the community services sector will be aware that the Portable Long Service Leave Scheme (the scheme), governed by the Portable Long Service Leave Authority (PLSA)...
  • 19th Jun 2020 Economy

    An Economic roundup

    It is now 380 days ago since penning my ”Economic roundup” article. In that article I referred to the previous rollercoaster 6 months with respect to the Australian economy and Federal politics. Well...
  • 16th Jun 2020 Individuals

    HomeBuilder Grant

    */ HomeBuilder is a tax-free grant program initiated by the Federal Government. It aims to stimulate the residential construction sector following the economic downturn caused by COVID-19. The...
  • 9th Jun 2020 Business

    Change to Victorian foreign purchaser additional duty affecting discretionary trusts from 1 March 2020

    */ A discretionary or ‘family’ trust is commonly used as an entity to acquire residential property due to the advantages that they afford, such as flexible income splitting arrangements. People who...
  • 9th Jun 2020 Business

    FIRB & Residential Real Estate

    In addition to navigating Victoria’s complex stamp duty requirements involving the acquisition of real estate by foreign individuals, companies or trusts, a foreign purchaser needs to first consider...
  • 5th Jun 2020 Individuals

    Year end 19/20 Tax Tips for the Individual

    Now is the time to review all your records to ensure you maximise your tax deductions in this year’s tax return. Here are some top tax planning tips. The tax return process is made much more...
  • 5th Jun 2020 Individuals

    Major Changes to instant asset write-off

    Instant asset write-off policies have been expanded as part of the Government’s COVID-19 initiative to encourage business spending in an effort to increase cash flow, stave off an economic recession...
  • 5th Jun 2020 Business

    Protecting your digital assets

    Cyber risk is one of the leading threats for small businesses in Australia, with the cost of a cyber incident averaging $276,000 for businesses. Whether it’s marketing material, legal documents or...
  • 5th Jun 2020 Business

    Varying PAYG instalments

    Businesses experiencing financial difficulty due to COVID-19 may be over-paying their PAYG instalments if their current rate no longer reflects their estimated tax for the year. This can cause...
  • 5th Jun 2020 Individuals

    Working from home: what deductions can you claim?

    Many employees are now being required to work from home to meet social distancing requirements placed on them by COVID-19, and are now faced with meeting some of the costs associated with their job,...
  • 4th Jun 2020 Individuals

    Superannuation Strategies for 2020

    Super contributions are one of the areas that individuals need to review now, even more so this year with the impact on super fund balances as a result of the economic downturn due to COVID-19. The...
  • 4th Jun 2020 Business

    Cybersecurity when working from home

    If your business doesn’t have the right cybersecurity precautions in place, then working from home can put your assets at serious risk. COVID-19 is forcing many businesses to have employees work from...
  • 4th Jun 2020 Business

    Do you need to lodge a Taxable Payments Annual Report?

    Businesses providing services for contractor payments in the past year need to lodge a Taxable Payments Annual Report (TPAR) by 28 August 2020. A TPAR is a building and construction industry-specific...
  • 19th May 2020 Business

    State Government COVID-19 assistance via Business Support Fund

    The Victorian Government announced in March a $500 million Business Support Fund to support businesses that have been significantly affected by the shutdown restriction announced by the Victorian...
  • 8th May 2020 Not-For-Profits

    JobKeeper for Independent Schools

    The Federal Government’s JobKeeper Scheme is expected to be a $320 billion dollar boost for the economy. It is available to businesses which have experienced a drop in turnover due to the COVID-19...
  • 28th Apr 2020 Not-For-Profits

    Big effort for all as we raised funds for Summer Foundation

    Over the Christmas period Saward Dawson supported 'Summer Foundation'. The Summer Foundation exists to resolve the issue of young people living in Residential Aged Care. Today in Australia more than...
  • 17th Apr 2020 Business

    Overview of the reporting of JobKeeper Payments via Single Touch Payroll

    Background: Employers claiming the JobKeeper Payment (JKP) will need to consider how this is reported to the ATO. There are 3 options to notify the ATO and the focus of this article will be to...
  • 15th Apr 2020 Business

    JobKeeper Payment

    The Government has introduced a wage subsidy program called the JobKeeper Payment to provide temporary relief for businesses who have been significantly affected by the economic impacts of Covid-19...

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