Australia’s Director Identification Number (DIN) regime came into effect on 1 November 2021 and will require you to register for an identification number. A director ID is a 15 digit identifier that, once issued, will remain with you for life regardless of whether you...
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Can Christmas Parties Be Claimed As A Tax Deduction?
2021 has been another difficult year for all, especially for small businesses, so many people will no doubt be looking forward to celebrating making it through the year and business owners may be wanting to reward staff for their hard work. In planning a Christmas...
Unwinding JobSaver
The NSW JobSaver, which provides payments of up to 40% of weekly payroll, is jointly funded by the state and Commonwealth governments. From 13 September, businesses receiving JobSaver have been required to reconfirm their eligibility for the payment each fortnight...
Director Identification Number for Company Directors
All company directors will soon require a Director Identification Number. A Director Identification Number is a unique identifier number that directors will apply for once and keep forever. This is being introduced to reduce the possibility of directors having...
Reconfirmation process for JobSaver & Micro-business Grant
If your business currently receives payments under the NSW JobSaver or Micro-business Grant schemes, you will now need to reconfirm your eligibility each fortnight to continue receiving payments. What needs to be confirmed? Each fortnight, your business will need to...
Major update to the NSW JobSaver Payment
From Friday the 10th of September, you will need to reconfirm your business still meets the eligibility criteria every fortnight to continue to receive your ongoing support payments.That is, you need to confirm with ServiceNSW that you have maintained your employee...
Lockdown Support Available for NSW Tenants and landlords
Support for small business tenants The NSW Government enacted the Retail and Other Commercial Leases (COVID-19) Regulation. This requires property owners to negotiate rent relief agreements with eligible tenants in financial distress due to COVID-19. In addition, the...
IMPORTANT UPDATE: NSW 2021 COVID-19 Business Grant
Overnight ServiceNSW have amended the decline in turnover test dates for the COVID-19 Business GrantFrom the 26th of June 2021 – 26th July 2021To the 26th of June 2021 – 17th July 2021.You now have to have experienced a decline in turnover over a minimum 2 week period...
2021 COVID-19 NSW Business Grants Open Now
The first of the COVID-19 NSW Business Support is now available. Eligible business who have been impacted by the recent COVID-19 restrictions can apply for a grant of between $7,500 to $15,000 from today. Further support measures will be made available later in July....
What lockdown support is available to business?
If your business has been adversely impacted by the recent lockdown in NSW, support is coming. The NSW and Federal Governments have announced a series of new measures to support business during extended lockdowns of four weeks or more: Up to $15,000 through the...
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