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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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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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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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Starting a Business - Types of Business Structures

Types of Business Structures in Australia

When starting a business, you will need to decide which type of business structure is best for your business. During this process, you should consider your personal circumstances and who will be the key operator of the business. Making the right decision from the onset is critical because the business structure you choose can impact:…

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What is the JobMaker Hiring Credit?

What is the JobMaker Hiring Credit?

On 6 October 2020 as part of the 2020–21 Budget, the Government announced the $74 billion JobMaker Plan. Of this amount, they have set aside $4 billion dollars for a JobMaker Hiring Credit and an additional $1.2 billion for the Boosting Apprenticeships Wage Subsidy to support new apprentices and trainees. They hope that these incentives will help to…

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Federal Budget 2020_21 Updates

The 2020/21 Federal Budget & what it means for you

Happy Wednesday, Today we wanted to help explain the latest changes to the Government’s 2020/21 Federal Budget. There’s been a lot of confusion around the budget and yes, trying to get your head around all the changes yourself can be overwhelming. Although a bit dry, stay with us as we do our best to explain the…

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