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JobKeeper Payment – Sole Traders & Other Entities
Are you a sole trader, in a partnership, trust, or company, and wondering how the JobKeeper payment can help you? You’ll need to check if you or your business is eligible at www.ato.gov.au/…/JobKeeper…/Sole-traders-and-other-entities/ If you meet the requirements, you can start preparing now by: ✔️ Subscribing to updates on JobKeeper payment ✔️ Seeking advice from your registered tax […]
JobKeeper Payment – Find out More
The ATO know many businesses have been impacted by COVID-19, and they’re here to help.
The new JobKeeper payment is now available for eligible employers to help them pay their employees.
If you’re an employer looking to apply for the JobKeeper payment, there’s no need to call them – check out the steps you need to take to get ready to receive the JobKeeper payment for your employees.
Changes to the Fair Work Act – JobKeeper Wage Subsidy
The Fair Work Act has been amended to cater for the introduction of the JobKeeper Wage Subsidy, and although overriding any modern award, enterprise agreement or employment contract, these changes will only apply to an employer and employee that have been approved (and continue to be approved) under the JobKeeper Scheme. NOTE: Although this article seeks […]
SMEs to receive rent waivers, deferrals
Small and medium businesses will now be granted rental waivers and deferrals under a mandatory Code of Conduct unveiled by Prime Minister Scott Morris. Under the Code of Conduct, landlords will be required to reduce rent proportionate to the trading reduction in the tenant’s business caused by the coronavirus pandemic through a combination of waivers […]
Budget 2019-20: Lower taxes for hard-working Australians and small business
Tax Relief to Encourage and Reward Hard-Working Australians The Government is building a tax system that rewards effort and underpins a strong economy. The Australian Government is lowering taxes for working Australians and backing small and medium‑sized business, while ensuring all taxpayers, including big business and multinationals, pay their fair share. Lower taxes form part […]
What Our Clients are saying about Us – Don’t take our word for it
Check out our client testimonials. Below is a link to testimonials from some of our clients. The team at Gerard Wilkes & Associates can help you with your financial needs and ensure that genuine professional advice and service is delivered to you. Click here to view https://www.wilkes.com.au/testimonials/
Early release of super Register your interest
If your financial situation has been impacted as a result of COVID-19, you may be able to access some of your super early. You don’t need to call the ATO. You can register your interest now via myGov and the Tax Office will be in contact once applications open on 20 April. To check if […]
Payroll Tax Rates and Thresholds
If your business pays wages to employees, you may need to pay payroll tax. Learn how payroll tax works and if you need to register. How payroll tax works Payroll tax is a state or territory tax. It’s calculated on the total wages you pay each month. The state or territory that your employees are […]
Claiming a tax deduction for expenses for a home-based business
This is a relevant read for business/home owners. Any further questions give the GWa Team a call!!Whether you run an online store, plumbing business, or photography studio, if your business is based at home you may be able to claim the business portion of some associated expenses. What you can claim depends on your business […]