Heaney Business Group
JobKeeper from 28 September 2020
The first tranche of JobKeeper ended on 27 September 2020. Those needing further support will need to reassess their eligibility and prove an actual decline in turnover. To keep receiving […]
Read MoreForecasting During a Pandemic
How do you plan for uncertainty when every assumption is subject to change? Now, more than ever, business operators should have a plan in place to manage during uncertain times. […]
Read MoreQuestion of the month – Tax on COVID-19 Grants
My business received a grant from the State Government. Do I pay tax on it? Short answer; probably. Income tax – Grants are likely to be taxable unless they are […]
Read MoreHas COVID-19 devalued your business?
If you are selling your business, merging, acquiring, or inviting in new investors, you need to understand the value of your business. But, to what degree does the pandemic impact […]
Read MoreJobKeeper Alert
With the employee test date for JobKeeper moved to 1 July 2020, some additional employees might have become eligible for JobKeeper. The August JobKeeper monthly business declaration is due by […]
Read MoreWhat now? Where to get help if you need it?
Help for business JobKeeper 2.0 The Government has announced further changes to the JobKeeper scheme. The good news is that employees that missed out on JobKeeper because they were not […]
Read MoreYour questions answered
During the lockdown, I have had to work from home. I’ve set up a full home office with paintings, plants, a desk, computer equipment, a water tower and a sculpture. […]
Read MoreCOVID-19 and your SMSF
COVID-19 has had an impact on many SMSFs. We look at the key issues. Early release of superannuation When a member of your fund wants to access up to $10,000 […]
Read MoreJobSeeker & Other Income Support
On 21 July 2020, The Government announced changes the COVID-19 income support measures. We explore the details. JobSeeker & Other Income Support The Coronavirus supplement will continue, albeit on a […]
Read MoreJobKeeper 2.0 The New Requirements
JobKeeper 2.0 The second tranche of the JobKeeper 2.0 scheme changes the eligibility test for employers and the method and amount paid to employees. If your business currently receives JobKeeper, […]
Read MoreHow Annual Wage Reporting has changed for Businesses and Employees
Employees did you know you will NO LONGER get a PAYG Payment Summary? Let us explain. Since the inception of Single Touch Payroll, everything is now online in one system. […]
Read MoreHomeBuilder: What is it and how do you access it?
The Government has announced grants of $25,000 to encourage people to build a new home or substantially renovate their existing home. The HomeBuilder scheme targets the residential construction market by […]
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