As Good as it Sounds? Early Access Super
More than $10 billion has been withdrawn from 1 million superannuation funds as part of the Early Access scheme. The scheme enables fund holders experiencing financial hardship to access $20,000 from their superannuation over two years. Accountants and Financial Planners will naturally caution against early withdrawal because of the potential of this amount to be…
Read MoreInsurance: A Time to Scrutinise
One of the things that COVID-19 can teach us is that no one is immune from adversity. Insurance can be one of the best investments of your life, if it means financial protection against adversity, and a touch of certainty in an increasingly uncertain world. Now is the time to review your cover and crisis-proof…
Read MoreWebinar: NFP CEOs – How to stay alive in a recession
This webinar is now over – held on Wednesday, 27 May 2020. VIDEO NOW AVAILABLE. #jobkeeper #tenancy #virtualCFO #taxrelief #cashflow #boardpacks #accountingsoftware We recognise that our economy is under immense pressure, which in turn has a significant impact on the Not-For-Profit organisations that our communities rely on. NFP confidence and security to survive…
Read MoreGood or Bad Time to Invest?
The volatility in the share market has encouraged some new investors to dip their toe in, with the hope of pay off post corona. Investment at these times can be risky, but the right approach can prove worthwhile. Be prepared to play the long game – what you invest now needs to ride the wave.…
Read MoreNew Rules: HR and Team Management
Dealing with Covid-19 has changed the way business is conducted. This includes extensive changes to Awards and employment conditions. Many HR policies and procedures are now outdated, and will remain so permanently. Business owners and leaders, who may be unaware of the changed rules, or mistakenly apply the rules, can find themselves liable for significant…
Read MoreLunch on us! – AdviceCo. supports Coast Shelter and the Homeless
It is our absolute pleasure to partner with the Count Charitable Foundation to make a donation of $5,000 to local charity: Coast Shelter. Coast Shelter has been forced to alter the services provided in their renowned community kitchen due to social distancing requirements. Hundreds of displaced community members have had their opportunity to access a…
Read MoreImportant: JobKeeper Payment – How to Apply
If you hope to access the JobKeeper payment as soon as it is available, you have a window of 15 days to get organized – by 30 April. Here is a step-by-step guide provided by the ATO… URGENT – ACT NOW: Ensure you have setup your personal myGovID account. myGovID is like a digital passport…
Read MoreWebinar #2: Survival and Stimulus: Business Guide to the Corona Crisis
This webinar is now over – held on Wednesday, 15 April 2020. VIDEO NOW AVAILABLE Items covered by Managing Director David Evers and In-House Government Stimulus Specialist Steve Walker included Jobkeeper Payments Tenancy Legislation Wage subsidies for Apprentices and Trainees Payroll Tax deductions BAS discounts Instant Asset Write-Offs Depreciation of asset spending Fee waivers Interest…
Read MoreWebinar: Survival and Stimulus: Business Guide to the Corona Crisis
This webinar is now over – held on Wednesday, 8 April 2020. VIDEO NOW AVAILABLE. Items covered by Managing Director David Evers and In-House Government Stimulus Specialist Steve Walker included: Team structure: leave options and resource allocation Wage subsidies for Apprentices and Trainees Payroll Tax deductions BAS discounts Instant Asset Write-Offs Depreciation of asset spending…
Read MoreJobkeeper Payment Explained for Employers and Employees
Prime Minister Morrison and Treasurer Frydenberg yesterday announced the temporary Jobkeeper payment worth $130 billion over the next six months. It is designed to help employers keep their staff – even if they can’t technically work in the current environment – and help employees keep their jobs. The objective is to maintain the workforce in…
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