Blogs: Useful Information about Accounting and Taxations @ Cloud8

04 Apr
2022

Federal Budget 2022-2023 Highlights of tax measures for small businesses

Treasurer Mr. Josh Frydenberg handed down the 2022-2023 Federal Budget on Tuesday 29 March 2022. Among a range of announcements, we highlight three tax measures affecting most Small Businesses. Changes affecting...

07 Mar
2022

Removing the $450 per month threshold for superannuation guarantee eligibility IS NOW Law

Employers Beware! The Australian Government has passed law to remove the $450 per month threshold to expand coverage of super guarantee to eligible employees regardless of their monthly pay, effective...

16 Feb
2022

Commercial Tenancy Relief Scheme Extension

The Victorian Government will extend the Commercial Tenancy Relief Scheme (CTRS), providing rent relief and protections for commercial tenants and landlords experiencing hardship through the latest wave of the pandemic....

12 Dec
2020

Are you eligible for the New Jobmaker Scheme?

The JobMaker Hiring Credit scheme has passed the Parliament and is now open for registration. Here are some of the key terms below: The Credits: $200 a week for each...

08 Dec
2020

Small Business Digital Adaption Program

No More Excuses! The Victorian Government will now pay to transform the business system to XERO. To support small businesses, the Victorian Government introduced a Small Business Digital Adaptation Program...

18 Sep
2020

Covid-19 changed the way we do businesses! Small businesses need the best online direct debit payment solutions! We are here to help!

Over the years, Cloud8 Accounting & Taxation has helped many of our clients set up their online payment gateways within the XERO ecosystem. We believe the recent Covid-19 has changed...

04 Aug
2020

Jobkeeper 2.0- Payment Extension

The Government is extending the JobKeeper Payment by a further six months to March 2021. Support will be targeted to businesses and not-for-profits that continue to be significantly impacted by...

02 Jul
2020

Time to Lodge your 2020 Tax Return! Don’t forget the extra working from home deductions during COVID-19!

At Cloud8 Accounting & Taxation, we know that completing a tax return can be time-consuming and confusing. Especially due to Covid-19, we understand you want to get your much-needed tax...

17 Jun
2020

Take advantage of the new lower Company Tax Rates for 2020- 2021 Financial Year- Best time to register your small business

Australian company tax rate applies to small businesses with an aggregated turnover less than $50 million will be reduced to 25% by 2021-22 income year. The lower company tax rate...

04 Jun
2020

New $25K HomeBuilder Package

The Government has announced a new HomeBuilder Package which provides eligible owner-occupiers (including first home buyers) with a grant of $25,000 to build a new home or substantially renovate an...

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