our latest news

Year: 2021




Business Costs Assistance Program Round Four – Construction

Earlier this month, the Victorian Government announced that there will be a grant available to businesses in the construction industry. This grant is called the Business Costs Assistance Program Round Four – Construction, which is now open for applications! Businesses must have incurred direct costs due to the lockdown of construction sites from 21 September…

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Construction Sector Restrictions

Construction Sector Restrictions – COVID-19

This week, the government have released new restriction changes for the construction industry due to a spike in COVID-19 cases detected at work sites. These new restrictions are in place to allow workers to continue working safely. Key information you need to know:  All construction sector employees to have had at least their first COVID-19 vaccination…

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Business Hardship Fund

New Grant: Small Business COVID Hardship Fund

This week, the Victorian Government have released a new Grant for small and medium businesses called the Small Business COVID Hardship Fund.  If your business has been majorly impacted by COVID-19 and has had at least a 70% reduction in turnover as a result of COVID-19, you may be eligible to apply for this grant!…

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Covid-19 Business Support Grant

COVID-19 Business Support Grants – Top-Up Payment

  Has your business been significantly affected by the current (July 2021) Victorian lockdown? The Victorian Government has just released a new Business Support Grant for businesses and sole traders that have been affected by the lockdown extension announced for Victoria this week. See information below regarding this “Top-up Payment”   Eligibility Criteria To be…

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COVID disaster payment

Are you eligible for the temporary COVID disaster payment?

Hi everyone, Today we would like to chat to you about the recent announcement from the Australian Government regarding a temporary COVID disaster payment. This is a one off payment aimed at workers that are undergoing lockdown for more than seven days and reside or work in an area defined as a Commonwealth-determined hotspot Click…

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Federal Budget 2021 Article (7)

The 2021 Federal Budget Changes & What It Means for You

Hey guys, We hope you’ve had a great week so far. Today we would like to chat to you about the 2021 Federal Budget, and what it means for you. To help create jobs, business investment and confidence after COVID-19, the Federal Government has just released a big spending 2021-22 Federal Budget! Based on our…

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Working from home business expenses including setting up your home office

Claiming “Working from Home” Expenses at Tax Time (2020-21)

Lately, we have been asked many questions relating to COVID-19 and how it will impact claimable deductions in the 2020-2021 Tax Year. The reality is that there are going to be some significant changes. Especially given many of you have incurred additional working from home expenses, that you wouldn’t typically experience in your normal working…

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Capital Gains Tax Checklist: Property Sale

*NEW* Capital Gains Tax Checklist & Let’s Welcome Bill to the Team!

Happy Wednesday!​ We hope that you’ve had a good week so far. In this article, we will be announcing the arrival of our new Capital Gains Tax Checklist and the addition of a new team member, Bill Bennett.   1) *NEW* Capital Gains Tax Checklist Are you selling your property for the first time? We…

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What is the Business Costs Assistance Program?

Are You Eligible for the Business Costs Assistance Program (BCAP)? Apply here.

COVID-19 assistance to small businesses Was your business significantly impacted by the latest circuit breaker” lockdown” (12th-17th of February)? If so, no need to despair. The Victorian Government has recently released a new Business Costs Assistance Program to help those who experienced significant losses due to the sudden lockdown. In this article, we’ll share the key…

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2019/20 Individual Tax Return Deadline

Your 2019/20 Income Tax Return – May Deadline Approaching

  Hey Everyone! ​We hope that you and your family are staying safe and well. Today, we wanted to share a reminder that all 2019/2020 Individual Tax Returns are due to be submitted & lodged by the 15th of May, 2021. If you are late lodging your tax return, the ATO can impose penalties and…

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