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Business Accounting Solutions | Brisbane • Gold Coast • Sunshine Coast

The second $66.1 bn stimulus package: What you need to know

The Government yesterday released a second, far reaching $66.1 bn stimulus package that boosts income support payments, introduces targeted changes to the superannuation rules, provides cash flow support of up to $100,000 for small business employers, and relaxes...

The stimulus package: What you need to know

The Government has announced a $17.6 billion investment package to support the economy as we brace for the impact of the coronavirus.  The yet to be legislated four part package focuses on business investment, sustaining employers and driving cash into the economy....

How to get your payroll right

A series of high-profile examples of businesses underpaying their employees has brought the need to get payroll right into sharp focus. Complex award and enterprise agreements can complicate payroll obligations, in terms of both regular salary and wages and the...

Understanding the ATO’s FBT hot spots

With the start of the Fringe Benefits Tax year looming on 1 April, businesses are being urged to review their Fringe Benefits Tax (FBT) position. The ATO’s top FBT problem areas 1.     Motor vehicle fringe benefits – failing to report motor vehicle fringe...

Surviving a crisis: coronavirus and beyond

Empty restaurants and retail stores were one of the first signs of the devastating impact of the coronavirus on Australian businesses. Within a few months, the virus, now called COVID-19, has gone from being a largely unknown medical condition to one that threatens to...