Brisbane residents affected by the February rain event are being offered further support via Brisbane City Council’s rates rebate. A $250 rebate is available to eligible residents and businesses on their next rates bill. Lord Mayor Adrian Schrinner also announced that every residential rates notice across Brisbane for the April quarter will be postponed by […]
Brisbane City Council’s Flood Relief Rate Rebate Read More »
As devastating rains continue in Queensland and New South Wales, small businesses find themselves facing another crisis and seeking support. There are several Queensland government flood relief and disaster grants now available to individuals and businesses affected. This article details what is available now, noting some grants are being modified and added as more Local
How to apply for Queensland Government flood relief and disaster grants Read More »
Earlier this year, we wrote an article about what you need to know about the new Director ID Number. A director identification number (director ID) is a unique identifier you need to apply for once and will keep forever. It will help prevent the use of false or fraudulent director identities. Let’s recap the new
Applications for the new Director ID number open November 2021 Read More »
If you were unable to work during Queensland’s most recent lockdown, you may be eligible to receive the COVID-19 Disaster Payment Queensland. This is a lump-sum payment for eligible people who lost work and income while the public health order was in place between 31 July and 8 August 2021. Who is eligible to receive
How to access the COVID-19 Disaster Payment Queensland Read More »
The Queensland Government have announced a $260 million package to support Queensland businesses, particularly small and medium sized enterprises. Named the 2021 COVID Business Support Program, $5,000 grants will be available to Queensland businesses across the state, not just businesses in the 11 locked down areas. What grants will be available? The $5,000 grants will
It’s almost 30 June. Have you done your trust distribution minute and/or intend to pay your beneficiaries a dividend? If you have a discretionary trust, then 30 June is an important date for you. The purpose of a trust is to separate the legal and beneficial ownership of assets. The legal ownership of the asset
Trust Distribution Minutes and Dividend Statements: what you need to know before June 30 Read More »
Following a review of Australia’s business registers, Directors will be required to register for a new lifetime director ID number, much like a tax file number. The introduction of the new lifetime Director Identification Number (DIN) regime is part of the Government’s Modernisation of Business Registers (MBR) Program creating greater transparency and monitoring of the
What you need to know about the new Lifetime Director ID Number Read More »
Treasurer Josh Frydenberg has delivered a free spending budget designed to drive employment growth, while also allocating increased funding to social programs such as disability services, aged care and mental health, as well as women’s economic security. Included also is the extension of support to taxpayers through the retention of the low and middle-income tax
Federal Budget 2021/22: What are the wins for SMEs? Read More »
Article updated April 2022. For many of us, COVID-19 saw us switching to at-home working arrangements almost overnight and many of us continue to do so. If you or your staff are entitled to claim work from home expenses, it is important to understand how to calculate eligible expenses to claim a deduction at tax
How to calculate your work from home expenses Read More »
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