hospitality business owner going through records during COVID

NSW COVID-19 support packages extended

The NSW government has announced extensions to the JobSaver program, Micro-business Grant, and payroll tax deferrals for businesses affected by COVID-19. Extension to JobSaver The JobSaver program will be extended from 28 August 2021. The program provides eligible businesses with turnover from $75,000 to $250 million that have experienced a 30% decline in turnover with …

NSW COVID-19 support packages extended Read More »

JobSaver for large tourism, hospitality and recreation businesses

Hospitality, tourism and recreation are among the hardest hit industries during lockdown. These businesses are often large employers and are at increased risk of letting employees go as the lockdown protracts. They have also been continuously impacted by restrictions in one form or another since the pandemic started in March 2020. This expansion of the …

JobSaver for large tourism, hospitality and recreation businesses Read More »

Rent relief for commercial tenants and support for landlords

The NSW Government has announced it will re-introduce the National Cabinet’s Mandatory Code of Conduct for Commercial Leasing to mandate rent relief for eligible tenants impacted by COVID-19. Rental Relief for Tenants The Retail and Other Commercial Leases (COVID-19) Regulation 2021 will be extended until 13 January 2022 and will require landlords to renegotiate rent …

Rent relief for commercial tenants and support for landlords Read More »

What the new Your Future, Your Super means for you

Recent legislative reforms to the superannuation arena are set to change the retirement savings landscape for many Australians. The Federal Government says the Your Future, Your Super reforms will help ensure superannuation works in the best financial interests of all Australians by removing unnecessary waste, increasing accountability and transparency, and providing more flexibility for families …

What the new Your Future, Your Super means for you Read More »

business

NSW COVID-19 Business Support Grants and Assistance

COVID-19 Business Grant In response to the COVID-19 lockdown in Sydney and restrictions in regional NSW, the government has introduced the ‘2021 COVID-19 Business Grant’. If you’re a business, sole trader or not-for-profit organisation in NSW and you’ve been impacted by the recent COVID-19 restrictions, you may be eligible to receive once-off payments of: $7,500 …

NSW COVID-19 Business Support Grants and Assistance Read More »

Getting deductions for clothing and laundry expenses right

The ATO allows certain taxpayers to claim a deduction for the cost of buying and cleaning occupation-specific clothing, items of protective wear and for certain unique, and usually distinctive, uniforms. To claim a deduction it is generally expected that you will be able to provide evidence that you purchased the clothing concerned, and will have …

Getting deductions for clothing and laundry expenses right Read More »