Corporate Solutions – Individually Tailored
As we approach the end of the current financial year, we would like to bring your attention to the following tax planning matters, some of which need to be in place by 30 June 2022.…
50% reduction in super pension payments Trustees of a superannuation fund have an ongoing requirement to ensure that pension drawings comply with the minimum and maximum pension limits as per the Superannuation Industry Supervision Act…
Federal Budget Report 2022-23 The Treasurer delivered the Federal Budget on 29 March 2022. The following key tax and superannuation measures were announced at Budget night: Announced MeasuresStart Date Personal Tax & Transfer Increase in Medicare levy…
Australian Government Disaster Recovery Payment (AGDRP) The Australian Government has announced the Australian Government Disaster Recovery Payment (AGDRP) to assist people that you have been significantly affected by a disaster. The AGDRP lump sum payments…
1. First Home Super Saver Scheme The First Home Saver Scheme (FHSS) allows individuals to save money for their first home, inside their superannuation fund. The FHSS helps first home buyers save faster with concessional…
NSW Government Omicron support package 1 2022 Small Business Support Program The NSW Government has introduced this new program to assist businesses survive the impact of Omicron. The program is only available for the month…
The Federal Government announced yesterday that they will bring forward payments to eligible workers across the first seven local government areas (LGA) in New South Wales that had to go into lockdown (ie residents in…
The NSW lockdown has been extended for another two weeks minimum, and most probably for much longer than two weeks as most are predicting. The Federal Government has stepped in to offer support for NSW…
The NSW Government recently announced two new grants packages and support for small businesses across NSW impacted by the current COVID-19 restrictions - the Small Business COVID-19 support grant and the Hospitality and Tourism COVID-19…
The Government has recently announced that they are extending the JobKeeper payment. The original JobKeeper scheme (JobKeeper 1.0) is due to cease on 27 September 2020 and JobKeeper 2.0 will be extended, to end on…