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Oct 20, 2020 / News
RevenueSA COVID-19 Land Tax Relief
Do you own residential or non-residential properties in South Australia and pay land tax? If so, you may be eligible for Covid-19 land tax relief, however, you will have to be quick as applications for some concessions close 30 September 2020. Read more
Sep 25, 2020 / News
Small businesses in financial distress – A new way
The Federal Government has announced a simpler and more flexible insolvency process for owners of “financially distressed but viable” small businesses. Read more
Sep 24, 2020 / News
Business Resilience and Recovery Checklist
There are several key challenges for business leaders to address in order to plan, move forward and grow. For many businesses, the impact of the COVID-19 outbreak have been profound ranging from operation shutdowns, supply-chain disruptions, cashflow pressures and staffing issues. Read more
Sep 16, 2020 / News
SA Tourism Grants Available Up to $500,000
The recently announced Tourism Industry Development Fund by the South Australian State Government has been developed to provide grants from $20,000 to $500,000 (excluding GST) with a maximum of 30 per cent State Government grant of the total project value. Read more
Sep 16, 2020 / News
Next JobKeeper phase – details are here. Action time! (again)
The existing JobKeeper program comes to an end on 27 September. The next phase of the program runs from 28 September to 28 March 2021. We had previously outlined the next phase, based on announcements made. Read more
Aug 07, 2020 / News
JobKeeper 2.1 revamped
The economic impact from the situation in Victoria has prompted the government to revise the second phase of the JobKeeper program announced a couple of weeks ago. The revamp is estimated to add a further $15 billion to the cost of the program. Read more
Jul 22, 2020 / News
JobKeeper 2.0 – Beyond the facts & figures: what you need to do
JobKeeper was necessarily designed and implemented in a very short time-frame, and so some waste had to be accepted in return for haste. Treasury has now had the opportunity to review the program. The government yesterday announced plans for a second phase of the JobKeeper program for business. However, the eligibility criteria will be tightened, and it will be more precisely targeted. Read more
Jul 14, 2020 / News
Companies shouldn’t be tempted to disclose EBITDAC(ovid)
The COVID-19 pandemic has had a significant effect on many businesses and some have been wondering whether they can highlight the impact of COVID-19 and report Earnings Before Interest Tax Depreciation Amortisation and COVID-19, or EBITDAC? Read more
Jul 07, 2020 / News
Accounting for government COVID-19 support packages
Many companies have accessed JobKeeper and other government support packages which has raised questions regarding their accounting treatment. Read more
Jun 25, 2020 / News
JobKeeper & Cash flow boost – ATO now scrutinising claims
Business owners have been through an intense period of COVID-19 survival mode – we’re still in it – but now we are beginning to emerge and look to the other side. Read more
