As a result of the impacts of the COVID-19 pandemic on commercial enterprise within Australia, the federal government introduced temporary relief for financially distressed companies to assist them to navigate this crisis. Among other things, this included: temporary relief to company directors from personal liability for insolvent trading claims; and increase the thresholds relevant to […]
2020 has proven to be a whirlwind for Australian businesses, with many struggling to cope with the financial implications and fallout of COVID-19, shining a spotlight on the obligations of company directors. Those with large workforces — and particularly businesses involved in aged care and disability — have had to manage the increased costs associated with managing […]
We have recently seen a surge in payroll tax audit activity as the state revenue authorities have received data from other sources, including the ATO and ASIC. Here are some traps to look out for. If you receive an audit letter for your business or a client, it is important to review the payroll tax […]
Black economy participants and tax dodgers driving luxury cars will continue to come under ATO scrutiny as it looks to extend its motor vehicle data-matching program for a further three years. The extension of the data-matching program will see the ATO continue to collect records from eight state and territory motor vehicle registries for the 2019–20, […]
In today’s fast paced business environment, it makes smart business sense to appoint a company power of attorney. A company power of attorney may be better described by distinguishing it from an individual power of attorney. In simple terms, a power of attorney is an instrument that gives authority to another person to act on behalf […]
Rede Accountants December 2020 Newsletter The guide covers the measures for: 2021 RISKS & OPPORTUNITIES Opportunities Employers & job building EXTENDED DECEMBER JOBKEEPER DEADLINES LAST CHANCE TO ACCESS COVID-19 EARLY ACCESS TO SUPER First JobMaker deadline looms HomeBuilder & the housing industry Extended rules for writing off assets: Australian subsidiaries of global companies to benefit […]
Rede Accountants November 2020 Newsletter The guide covers the measures for: JOBMAKER HIRING CREDITS: WHAT WE KNOW SO FAR What is JobMaker? When do the credits start? How can we access JobMaker? TAX DEDUCTIONS FOR INVESTING IN YOUR BUSINESS REFUNDS FOR TAX LOSSES What entities are eligible to carry-back losses? Claiming the refundable tax offset […]
Hello everyone, Just an urgent update for those that qualify for this round of Job Keeper 2.0. Eligible employers have until 31 October 2020 to make gross wage payments to eligible employees for the fortnights ending 11 October 2020 and 25 October 2020. The minimum fortnightly gross payments are either $1,200 for employees. (Tier […]
Rede Accountants October 2020 Newsletter The guide covers the measures for: JOBKEEPER: THE NEXT STEPS Wrapping up JobKeeper Is my business eligible for JobKeeper payments from 28 September? Identifying the JobKeeper payment rates QUOTE OF THE MONTH PREVENTING A TSUNAMI OF INSOLVENCIES A note on debtor management View our newsletter Newsletter PDF. Take Care Col, Ken […]
Rede Accountants September 2020 Newsletter The guide covers the measures for: Has COVID-19 devalued your business? JobKeeper Alert Question of the month – tax on COVID-19 grants Forecasting during a pandemic Understand where you stand now Plan, review and adjust Understand the external environment Quote of the month View our newsletter Newsletter PDF. Take Care Col, […]
COL WILSON B.COM, FCPA, REG'D TAX AGENT
KEN LUDEKE FCPA, FCA, REG'D TAX AGENT
Annette Pleavin B.BUS, CPARede Accountants is a CPA Business
Suite 1004, Level 10 "The Rocket" 203 Robina Town Centre Drive Robina QLD 4226
Tel: 1300 399 599
Follow us on Facebook
Follow us on LinkedIn