If you’re experiencing a downturn in profit as a result of coronavirus, we’ve put together this blog outlining what employers need to know about the Jobkeeper Payment Scheme. The scheme is a lifeline for many businesses and employees, allowing eligible employers to keep paying eligible staff through the crisis. The payment is a fixed amount of $1,500…
If your employer has told you they intend to claim the Jobkeeper Payment on your behalf and you’re wondering what that means, this blog from Stellar Account’s CPA Debbie Hoffman outlines some important information about the Jobkeeper scheme for employees. The payment scheme will allow some businesses struggling from the impacts of Coronavirus to keep their employees. Most importantly…
In this blog Stellar Accounts cover what business owners need to know about the Jobkeeper Payment scheme. If you’re a sole trader, part of a trust, company or partnership you might be entitled to the payment. There is a limit of one fortnightly $1,500 JobKeeper payment for one eligible business participant. However, for an entity…
A range of measures announced by the Federal Government in recent weeks to assist with the economic impacts of Coronavirus are now law, so we’ve put together this blog outlining how you might benefit from the government’s economic response to Coronavirus. That means from today (24 March 2020), the instant asset write-off threshold has increased,…
We’ve put together this state by state guide to give you uide to In this blog we look at how Australia’s State governments will pitch in to ease the impacts of Coronavirus. Along with a raft of measures introduced by the Federal government, the state and territory governments around the country are injecting more money…
On 12 March 2020, the Federal Government released the Economic Stimulus Package to assist those who are being affected, or will be, by the financial impacts of the Coronavirus. This package aims to keep businesses operating and support Australian households as the challenges posed by the pandemic become clearer and spread to more industries. “Australia…
If you hold vacant land which you intend to build an investment property on, then you may be interested to learn about the changes to deductions for vacant land which were brought in by the federal government last year. The changes to the legislation were put in place to restrict deductions that can be claimed on costs…
Are you a small business owner who’s struggling to find the time to meet with your bookkeeper or accountant? Then you may be wondering, what is online bookkeeping, and will it work for you. There are plenty of benefits of enlisting an online professional to take charge of your books and other accounting needs. It gives you…
It’s no secret that some small business owners just don’t like numbers or require the services of a full-time or in-house accountant, so if that’s you it might be time to consider outsourced accounting services Australia. Stellar Accounts operates 100 per cent online, meaning our Certified Practising Accountant and Registered Tax Agent with more than 20 years-experience, can provide her…
If you’re hoping to make this year the best yet for your business, here are some small business bookkeeping tips for 2020. At Stellar Accounts, our Certified Practising Accountant and Registered Tax Agent works with you, to ensure your key business objectives are met and your tax is minimised. Keep reading for our 3 quick tips or get in touch with…