Category Startup

GRANT OPEN NOW

2nd Round – Small business COVID-19 Adaption Grant Program

ROUND TWO WILL OPEN ON 1ST JULY 2020 Small business COVID-19 Adaption Grant Program This funding round may only be open for a short period due to demand and will close when the funding allocation is anticipated to be exhausted. Successful applicants from round 1 of this program cannot apply for funding under round 2.

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GRANT OPEN NOW

NOW OPEN – Small Business COVID-19 Adaption Grant Program

The Government grant has been developed to support small businesses which were impacted by the COVID-19 shutdown restrictions.  Directly aimed at small and micro businesses to assist with, the preparation of safe resumption of trading, assist with accessing digital technologies to rebuild business operations.

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COVID-19, Government Stimulus and JobKeeper Payments

COVID-19, Government Stimulus and JobKeeper Payments The Australia Taxation Office opened the registration for Businesses to enrol for JobKeeper payments yesterday.  To be eligible for this first payment registrations must be lodged with the ATO by the 26th April 2020. Whilst you may have already registered interest, you still need to enrol. 

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CORONAVIRUS LAND TAX RELIEF

Coronavirus land tax relief

The Queensland Government is offering the following land tax relief to eligible landholders: a land tax rebate reducing land tax liabilities by 25% for eligible properties for the 2019-20 assessment year a waiver of the 2% land tax foreign surcharge for foreign entities for the 2019-20 assessment year a 3-month deferral of land tax liabilities for the 2020-21 assessment year.

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BUSINESS SURVIVAL DURING COVID-19

Business Survival During COVID-19

COVID-19 has changed the way we perform so many activities.  Poole Group is here and is working to ensure we are supporting all of our clients. The Government has released various Stimulus Packages to obtain details of these Government packages, please click on the link below https://poolegroup.com.au/poole-group-la…nment-stimulus/

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LATEST UPDATES ON GOVERNMENT STIMULUS

Poole Group is here to support you, your family and your business, guiding you through the details of the stimulus packages. If you have not yet been in contact with us to discuss the various Government Stimulus Packages available please click on one of the following and it will take you directly to our website to obtain

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WORKING FROM HOME

COVID-19 Update – Employees working from home & What you can claim

New 80c/hr to cover ALL costs (for hours work between 1/03/2020 to 30/06/2020) To make it easier for people to claim deductions for working from home, the ATO has announced a new shortcut method which will allow taxpayers to claim a rate of 80 cents per hour for all their running expenses, rather than needing to calculate

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Self-Employed Support – JobKeeper Payment

Self-Employed Support – JobKeeper Payment Over the weekend the has Government provided clarification on the eligibility of the JobKeeper payment for business owners themselves.  A significant number of business owners aren’t paid a salary or wage. They receive income as a partner or by way of a trust distribution or dividends.

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COVID-19 JobKeeper Payment Scheme

The JobKeeper payment scheme announced by the Federal Government has been designed to assist employers (inc self-employed) affected by the Coronavirus pandemic to continue to pay their workers.   The legislation governing this program is currently being finalised and will come before Federal parliament in the week of 6 April 2020. Employers registered for the JobKeeper scheme

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Employees working from Home

With Covid19 so many of us are working from home. Did you know that you can claim a tax deduction? That’s right. Employees who work from home can claim the work-related proportion of their running expenses. These expenses are the cost of using equipment and utilities at your home for work. If you are an employee please,

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Queensland Covid19 Job Support Loan UPDATED

Queensland Covid19 Job Support Loan UPDATED   As previously advised the Qld government have released a $250,000 loan to eligible businesses to retain employees and maintain their operations.   To apply go to:   http://www.qrida.qld.gov.au/current-programs/covid-19-business-support/queensland-covid19-jobs-support-scheme  

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Centrelink/Services Australia

Centrelink/Services Australia If you already receive Centrelink, DO nothing, don’t call or go to the Centrelink offices. The phone lines and offices are experiencing high numbers. Both of the recently announced payments of $750 x 2 payments for concession holders and an extra $550 coronavirus payments will be automatically applied to you if you are

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Christie & Caz

Poole Group is here to support you!

Poole Group is here to support you! Whilst we are continuing to operate as usual, we only have skeleton staff working at our office.  The majority of our team is now connecting securely to our server from their home. This ensures minimal disruption to providing you with our standard quality services.

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Keep up to date with Poole Group – Government Stimulus – Current information as at 23 March 2020

On Sunday 22nd March 2020, the Commonwealth Government released the second stage of its economic plan to cushion the impact of COVID-19 on the economy and provide support to businesses and individuals.

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COVID-19 – We are here to assist you & our staff

On Wednesday 11th March 2020, the World Health Organisation (WHO) upgraded the status of the COVID-19 outbreak from epidemic to pandemic. We are here to assist any clients who are being directly or indirectly affected by this Pandemic, please contact our office for assistance to speak with your adviser regarding current Government Stimulus package, business

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Payment Summaries are now called an Income Statement

Single Touch Payroll – Could it be the biggest adjustment to Australian Businesses since Good & Services Tax (GST)? The Australian Taxation Office recently introduced Single Touch Payroll (STP), this is a new legal requirement to report salaries and wages, PAYG withholding and superannuation via STP-enabled software to the ATO each time you are paid

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Franking Credits Proposal

Hot Election Topic explained  – Franking Credits Proposal What is the proposal? The House of Representatives Standing Committee on economics has announced an inquiry in the implications of removing refundable franking credits. The inquiry is going to report on the use of franking credits and who franking credits support and who would be impacted if

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ATO Text Messages

Australian Taxation Office Text Messages Over the last week we have been contacted by some concerned clients who have received  ATO text messages.  The ATO recently advised they will contact taxpayers via text message for overdue form lodgements or overdue payments of GST or Income Tax. However, the ATO will never ask you to respond via

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