Blog
Earlier this month, the Australian Taxation Office announced a slight increase to fuel tax credit rates in line with fuel excise indexation. Fuel tax credits rates change regularly so it’s important to check the rates each time you do your... Read more
Welcome to the final part of our 4-part video series, arming you with the tools you need to prepare your business for life after COVID. Business advisors are a dime a dozen, but at 542 it’s our approach that makes... Read more
Welcome to part 3 of our 4-part video series, arming you with the tools you need to prepare your business for life after COVID. In this part we look to the year ahead for businesses, and discuss the connection between efficiency... Read more
Welcome to part 2 of our 4-part video series, arming you with the tools you need to prepare your business for life after COVID. Ordinarily, the festive season can present a number of challenges for business when it comes to managing... Read more
Welcome to part 1 of our 4-part video series, arming you with the tools you need to prepare your business for life after COVID. To help manage the economic impact of the Coronavirus on businesses, the Government continues to provide financial... Read more
By comparison to many, Australia has managed the COVID-19 pandemic well, but good management isn’t enough to protect us from the $213.7 billion deficit in 2020-21. The Government has taken to heart the old adage, “You have to spend money... Read more
The extension of JobKeeper, came as a welcome relief for many business owners. In an attempt to reduce the number of employees receiving more money than they previously earned prior to the pandemic, the overhauled scheme came with strict new rules. Centred... Read more
Last month, in response to the worsening economic conditions in Victoria due to the Stage 4 restrictions, the Federal Government announced further changes to the JobKeeper program. As part of the announcement, it included new requirements for eligibility as well as gradually reduced... Read more
From 28 September 2020, employers seeking to claim JobKeeper payments will need to reassess their eligibility and prove an actual decline in turnover. From this date, the JobKeeper payment rate will reduce and split into a higher and lower rate... Read more
As you may be aware, Service NSW is offering a Small Business COVID-19 Recovery Grant from $500 and $3,000 which open today, 1st of July, and close on the 16th of August 2020. To be eligible for this grant, you... Read more
