Tag covid-19

GRANT OPEN NOW

NOW OPEN – Small Business COVID-19 Adaption Grant Program

The Government grant has been developed to support small businesses which were impacted by the COVID-19 shutdown restrictions.  Directly aimed at small and micro businesses to assist with, the preparation of safe resumption of trading, assist with accessing digital technologies to rebuild business operations.

Continue Reading →

jobkeeper payment image

COVID-19, Government Stimulus and JobKeeper Payments

COVID-19, Government Stimulus and JobKeeper Payments The Australia Taxation Office opened the registration for Businesses to enrol for JobKeeper payments yesterday.  To be eligible for this first payment registrations must be lodged with the ATO by the 26th April 2020. Whilst you may have already registered interest, you still need to enrol. 

Continue Reading →

CORONAVIRUS LAND TAX RELIEF

Coronavirus land tax relief

The Queensland Government is offering the following land tax relief to eligible landholders: a land tax rebate reducing land tax liabilities by 25% for eligible properties for the 2019-20 assessment year a waiver of the 2% land tax foreign surcharge for foreign entities for the 2019-20 assessment year a 3-month deferral of land tax liabilities for the 2020-21 assessment year.

Continue Reading →

Image

LATEST UPDATES ON GOVERNMENT STIMULUS

Poole Group is here to support you, your family and your business, guiding you through the details of the stimulus packages. If you have not yet been in contact with us to discuss the various Government Stimulus Packages available please click on one of the following and it will take you directly to our website to obtain

Continue Reading →

jobkeeper payment image

COVID-19 JobKeeper Payment Scheme

The JobKeeper payment scheme announced by the Federal Government has been designed to assist employers (inc self-employed) affected by the Coronavirus pandemic to continue to pay their workers.   The legislation governing this program is currently being finalised and will come before Federal parliament in the week of 6 April 2020. Employers registered for the JobKeeper scheme

Continue Reading →

Young woman sitting in her kitchen working on a laptop

Employees working from Home

With Covid19 so many of us are working from home. Did you know that you can claim a tax deduction? That’s right. Employees who work from home can claim the work-related proportion of their running expenses. These expenses are the cost of using equipment and utilities at your home for work. If you are an employee please,

Continue Reading →

self_managed_super_fund_property_625x430

Can Self-Managed Super Fund (SMSF) landlords provide rent reduction to a related party without breaching the SIS Act due to COVID-19?

The ATO have confirmed that SMSFs can provide ‘a temporary rent reduction’ to tenants, including a tenant: who is a related party or related trust where a member, relative or a member or related party/trust has an underlying economic interest in the tenant. Although this would normally trigger a range of SIS Act compliance breaches,

Continue Reading →