NEWS & INSIGHTS
Budget 2020-21: Road to Recovery?
By comparison to many, Australia has managed the COVID-19 pandemic well, but good management isn’t enough to protect us from the $213.7 billion deficit in 2020-21.
JobKeeper Payment Audits and Reviews
Tax shortcuts for working from home deductions, JobKeeper payments, and more. The Australian government is doing a good job of supporting the country through this unprecedented time of crisis but how will these actions affect audit activity for the rest of 2020?
Tax on Business Grants
This is a short and sweet summary of how tax would work in relation to government grants. Everyone who has received government grants, for COVID-19 or otherwise, should consult their tax agent directly for individual advice.
Business Forecasting During a Pandemic
Now more than ever, business operators should have a plan in place to manage during uncertain times. Even if your business is not directly impacted, it’s likely your customers, your supply chain, and your workforce will be to some extent.
Has COVID-19 Devalued your Business?
If you are selling your business, merging, acquiring, or inviting in new investors, you need to understand the value of your business. To what degree does the pandemic impact on value? Should you discount or hold firm to pre COVID-19 performance on the basis that ‘we’re going to come out of it eventually’?
PM announces $130 billion “Job Keeper” package
The "job Keeper" payment will be a flat $1500 payment each fortnight to keep Australians connected to their employers, and treats all Australians in work equally, Prime Minister Scott Morrison said. The aim of the package is to enable businesses...
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