Winston Churchill's quote best sums up the Victorian state budget - I contend that for a nation to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up
It seems all pundits are now predicting not only a rate rise next Tuesday of 0.25% but another 3 such rises during the year.
So what does this mean to you and/or your business?
You can find out more and be given actions to implement in our webinar tonight https://t.co/kATig4jiA8
So with inflation touching levels not seen for over 30 years, what does that mean to your business?
And what should you do?
Find out at our seminar on Tuesday.
You can book your place at https://t.co/ktquFCJpIS
The ABS has just announced that inflation is running higher than anytime since 1990.
Find out how that affects you at our upcoming 5 key actions for 2023 - https://t.co/xWzbRLE4Sl
I have just read that Josh frydenberg is due to announce the #ATO will calculate #PAYG Instalments based off real time information.
Sounds awfully like the #ATO are going to give themselves the right to log into client's Xero files
Worried about the ATO's contentious attack on both #trusts and tax agents?
You should be.
Fancy penalising someone retrospectively (like 7 years) when following the law.
And the new "law" is as clear as mud as best described to me as 50 shades of grey.
The Victorian state government covid hardship grant has now been increased to $14,000. And good news also that now open to non-employers.
Want to know more - go to https://t.co/QKBQLquuSW
#helpingsmallbusinesses
Finally finally finally!!!
The Victorian state government opened and more importantly announced terms for the Small Business Covid Hardship Fund.
The good news is that more will qualify than what was expected
Maggs Reid Stewart is ready to help you with your application
So the Tax Office is human afterall and we can take a Xmas holiday!
Every accountant and bookkeeper was pretty much going to have to work through in order to register all #JOBKEEPER employers in time.
Now we can enjoy a well earned break AND not be annoying you during that time!
The third round of the Victorian business support fund closes tomorrow. Don't let $10,000 slip away! But not all industries qualify and you need a few things to hand. Want help?
We would love to assist. Call 9899-7511
Beware of meeting #JOBKEEPER wage condition for this fortnight.
With the cut in personal tax rates now law and operational, the minimum after tax payment has increased.
Want to know more - go to https://t.co/QKBQLquuSW
Missed out on #JOBKEEPER.
May be you don't.
The #ATO today released another alternative test.
It rightly addresses the problem where there was a forced closure in the comparative period.
Want too know more
Go to https://t.co/QKBQLqcU1o
#JobKeeper#alternativetest FINALLY FINALLY released. Whilst the has been so much to do in such very short time it has been utterly unacceptable that this has taken to now to be finalised.
Victorian Chamber of Commerce and Industry @vicchamber is offering free membership for those in Vic Australia. Highly Recommended! https://t.co/vufhnooPtQ
#treasurer Josh frydneberg now on channel9 news revealed why most businesses miss out on the #stimulus package
He said companies are doing it tough
What about sole traders, trusts and trade partnerships?
It's now official - you don't exist as a business!
Amongst a long list of great #stimulus life lines, two key things are missing :
1/. Rental relief for commercial tenants and landlords &
2/. Relief for sole trader and trade partnerships
Things can't get much worse and these two unaddressed needs will be the end for many.
Pleased to finally hear the Victorian state gov finally announce a financial #stimuluspackage.
#payrolltaxcut full refund of payroll tax paid to date and balance of year waved.
Also, $500 million funds to help all those small businesses on there knees.
#stimulus low interest loan sounds great but small business owners want cash without the threat of more debt around their neck
Many small #business owners may be better off closing the doors now; tough call but this will be reality for many mum and dad businesses