by Peter McCarthy | Aug 19, 2020 | Taxation
The COVID-19 pandemic has placed property owners, and tenants in many cases, in unfamiliar territory. Many tenants have been paying reduced rent or ceased paying because their income has been negatively affected. While rental income may reduce, owners will continue to...
by Peter McCarthy | Jul 22, 2020 | Accounting
The boost to the instant asset write off rules, put in place to help stimulate the Australian economy during the COVID-19 crisis has been extended to the end of this year. Businesses with a turnover of up to $500 million a year will be allowed to continue writing off...
by Peter McCarthy | Jul 22, 2020 | Taxation
This Tax Season is the second following the introduction of Single Touch Payroll. So it makes sense that many people are unsure about what is happening with Payment Summaries (formerly Group Certificates) again this year. For most people, what was their old payment...
by Peter McCarthy | Jul 19, 2020 | Business Management
Change in business is almost always a good thing, the challenges of the current Covid – 19 crises aside, but often poor management in leading people means that the workforce becomes disengaged, and the change process painful. In the worst cases, this results in...
by Peter McCarthy | Jun 21, 2020 | Accounting
When assessing eligibility for JobKeeper assistance, the first question to consider is whether the entity was carrying on a business as at 1 March 2020. This question is of particular relevance to entities that have solely or predominantly rental income (other than...
