JobKeeper – Good news in the details

The good news is that the JobKeeper payment is also available to business owners that operate as Sole traders, Partnerships, Trusts and Companies. Those business owners may be entitled to the JobKeeper Payment scheme under the business participation entitlement. However, not-for-profit organisations are not included. Your entity may be eligible

continue reading >

JOBKEEPER – THE DETAILS

JOBKEEPER – WHAT YOU NEED TO KNOW! Legislation to establish the framework for providing financial support to businesses and employees, through wage subsidies such as the JobKeeper Payments, has passed Parliament and received assent. FAST FACTS: JobKeeper payments are payable to qualifying employers for a maximum of 13 fortnights in

continue reading >

Update – Business rent relief and the new code of conduct (2020)

Small business rent relief Prime Minister, Scott Morrison has announced new rental waivers and deferrals for commercial tenants hit by the impact of the COVID-19 crisis which comes into effect from 3 April 2020 and will continue until the Commonwealth JobKeeper Program remains operational. Stay on top of these changes

continue reading >

7 Tips to Protect Your Assets

7 TIPS TO PROTECT ASSETS   Directors face many areas of potential exposure, some of them are very serious and may have a significant adverse effect on the director.   The following tips can assist you to protect your hard-earned wealth: Know and understand how your business structure works— have

continue reading >

6 tips to survive and thrive in 2020

6 tips to survive and thrive in 2020   Here are 6 tips to help in a crisis… #1     Conserve cash wherever possible (sorry for stating the obvious). #2     If you haven’t already, now is the time to prepare and review your cashflow forecast.  For some, inflows

continue reading >

How do I Save Tax?

As an accountant, I get this question quite a lot – “How do I save tax?” Luckily for me, I have the answers. What I would love to be able to do is give you all the answers right here and now, however, the reality is that it can vary

continue reading >

Where Would You be in Your Business Without a Strategy?

In Building and Property Development, timing is critical. Some would say, it’s everything. I don’t want to make grandiose comments because the reality is, it is different for everyone. What is the same, however, is the need to do the right thing at the right time. So, how do you

continue reading >

Question #6: What Can I do to Reduce my Tax?

Hi, my name is Tony Dimitriadis, I run an accounting & advisory firm and I specialize in helping ambitious builders and property developers build a financially rewarding tax-efficient lifestyle business. The sixth most popular question I get asked in the lead up to 30 June is “What can I do to reduce my

continue reading >

Question #5: I’ve taken out $200,000 from my company. Will that affect my tax?

Hi, my name is Tony Dimitriadis, I run an accounting & advisory firm and I specialize in helping ambitious builders and property developers build a financially rewarding tax-efficient lifestyle business. The fifth most popular question I get asked in the lead up to 30 June is “I’ve taken out $200,000

continue reading >

Question #4: Will I reduce my tax if I pay out my business/investment loan?

Hi, my name is Tony Dimitriadis, I run an accounting & advisory firm and I specialize in helping ambitious builders and property developers build a financially rewarding tax-efficient lifestyle business. The fourth, most popular question I get asked in the lead up to 30 June is, “Will I reduce my

continue reading >