Every Penny Bookkeeping

13/10/2021

Did you receive your jobsaver payment without confirming eligibility?

Clarity on Services NSW Jobsaver Payments

06/07/2021

Is your business struggling, you may be eligible for financial support

Financial support will be available in late July to businesses impacted by COVID-19 restrictions:

💲 Small business grants - $5,000 - $10,000 will be available to help pay for unavoidable overheads such as power, utilities and wages while trading is restricted.
💲 Hospitality and tourism grants - $5,000 - $10,000 will be available to help with the decline in turnover due to the challenges lockdown poses.

Find out if your business is eligible: bit.ly/CovidSupportPackage

06/07/2021

Make sure your paying the right amount of super to your employees !

Employers: Did you know that the super guarantee rate is changing? 🤔

The super guarantee rate increased from 9.5% to 10% on 1 July 2021. Make sure:
✔️ your payroll and accounting systems are updated for the rate increase
✔️ salary and wage payments made on or after 1 July apply the minimum super guarantee rate of 10%

For more info, see www.ato.gov.au/business/super-for-employers/paying-super-contributions/how-much-super-to-pay/

01/06/2021

23/05/2021

With 30 June fast approaching, you might be starting to think about which expenses your small business can claim as deductions… 🤔

Our tax time toolkit for small business is a handy directory with guides for:
🏠 home-based business expenses
🚚 motor vehicle expenses
🧳 travel expenses
🏬 pausing or closing your business due to COVID-19.

Find out more at www.ato.gov.au/Tax-professionals/TP/Tax-Time-Toolkit---Small-business/

11/05/2021

Are you starting up a new small business, this may be helpful

Running a small business is hard work! That’s why we’ve updated our ‘Supporting your small business’ hub – you can access a range of information and resources in one place.

Find short summaries and quick links to info on:
🔍 reporting JobKeeper payments in your tax return
🔍 our small business tax time toolkit
🔍 tools and calculators
🔍 online services
🔍 learning resources.

Visit www.ato.gov.au/Business/Starting-your-own-business/Supporting-your-small-business/ to learn more.

11/05/2021

What does the 2021 Federal Budget mean for you and your business?

Budget 2021–22 has been released. Access the Budget papers at https://budget.gov.au

The measures announced as part of Budget 2021-22 are subject to receiving royal assent and are therefore not yet law. While we sometimes provide input on tax and superannuation policies, the Australian Government is responsible for the legislation which we then administer on their behalf.

Learn more at www.ato.gov.au/General/New-legislation/Latest-news-on-tax-law-and-policy

24/04/2021

Are you eligible for this rebate ?

$1,500 rebate for NSW & local government fees

17/01/2021

Do you need to register an apprentice?

12/01/2021

09/01/2021

Employers: Did you hire new employees between 7 October 2020 and 6 January 2021? 🤔

You may be able to claim the JobMaker Hiring Credit!

Check the eligibility criteria and register now at www.ato.gov.au/General/JobMaker-Hiring-Credit/Register-for-JobMaker-Hiring-Credit/

05/01/2021