The Bookkeeping Department

Don't forget! Get your payroll information ready now for your installment activity statement due on the 21st. We'll help you prepare for your IAS to make lodgement and payment easy and efficient.

Your PAYG withholding statement (IAS) is due on the 21st Don't forget! Get your payroll information ready now for your installment activity statement due on the 21st. We'll help you prepare for your IAS to make lodgement and payment easy and efficient.

If you are a sole trader, small business owner or NFP located on Sydney’s Northern Beaches and were impacted by Public Health Order 2020, you may be eligible for a one off grant of $3,000 or $5,000.

The grant will help eligible small business and NFPs with unavoidable business costs since 19 Dec 2020.

If you are a sole trader, small business owner or NFP in NSW, you may be eligible for a small business fees and charges rebate of $1500.

The grant helps businesses recover from impacts of COVID.

Funds can be used to offset the costs of eligible NSW and local government fees.

Wishing everyone and enjoyable and safe Festive Season and a Happy New Year.

The High Court has found that the entitlement to 10 days of personal/carer’s leave is calculated based on an employee’s hours of work, not days.

The High Court’s decision overturns a decision made by the Full Federal Court in August 2019.

JobKeeper Update:

Many companies may find themselves in breach of the '‘one in, all in" JobKeeper rule, due to the recent change regarding the start date employee eligibility test.

Last week, the Federal Government announced that employees employed at 1 July 2020 are now eligible for JobKeepers, an extension from the previous 1 March 2020 date.

However, the '‘one in, all in" would mandate that these newly eligible employees need to be included in the current JobKeeper fortnight which concludes on 16 August. This means that they need to have been paid a minimum of $1500 in the current fortnight.

While the change has been detailed on the Treasury’s fact sheets for both JobKeeper 1.0 and 2.0, the Treasurer has yet to issue a legislative instrument to reflect the change, nor has the ATO issued guidance on the matter.

The first step is to provide these employees with JobKeeper nomination forms as soon as possible.

Please get in touch if you need more information on this issue.

Australia now has the highest minimum wage in the world. This increase will roll out in 3 stages. Get in touch with us if you want to understand more about this increase or other changes announced by Fair Work.

JobKeeper extension has been announced by the federal government. If you have any questions or need assistance, feel free to get in touch with us.