New 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 Many HR policies and procedures are now outdated, and will remain so permanently.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…
Read MoreTax options to help keep business open
The Australian Tax Office (ATO) has issued a statement in recognition of these difficult times for business. The statement included a number of tax relief options to reduce stress and help keep SMEs open for business through projected downturn. Businesses who have no financial stress or concerns may be able to continue to meet their tax…
Read MoreMarket Update
Sharemarkets continue to fall on the back of growing concerns about the spread of the coronavirus. At times of heightened market volatility, it’s easy to fear how your superannuation and other investments might be affected, but it’s important to understand the nature of market movements before making any sudden decisions. Falls are normal, even without…
Read MoreStimulus Relief
The Federal and State Government Stimulus Package is the most significant since war time. It totals to more than $189 billion across the forward estimates, representing 9.7 per cent of annual GDP. This article includes a top-line summary of support available for individuals, households and businesses. Our team of Accountants and Financial Planners are working…
Read MoreHow to stay profitable in a consumer crisis
At the time of writing this, businesses face consumer nervousness. Consumer spending is an essential engine of the Australian economy. We need Australians to spend their money, and you need them to spend it with you. Pricing can be one strategy to entice consumer spending and therefore maintain profitability in difficult times. Before you slash…
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