04 Apr

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

Tax Measures
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 Small Businesses 1. Skills, training, and digital adoption deduction boosts for small businesses There are two support measures for small
16 Feb

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. Who can apply for this fund? The extended scheme will be available to businesses with an annual turnover of $10
12 Dec

Are you eligible for the New Jobmaker Scheme?

JobMaker Hiring Credit
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 eligible additional employee aged 16 to 29 years old $100 a week for 30 to 35 years old Up to
08 Dec

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 Which Designed to increase digital capability, the program encourages small businesses to trial new software such as Xero with a
04 Aug

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 the Coronavirus. The JobKeeper payment, which was originally due to run until 27 September 2020, will now continue to be
04 Jun

New $25K HomeBuilder Package

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 existing home. The government said the package will assist the residential construction market by encouraging the commencement of new home

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