Lockdown Support
The recent lockdowns across all states have resulted in businesses and individuals once again experiencing financial pressures and difficulties. The NSW and Federal Governments have announced a new combined support package yesterday to assist NSW businesses and workers impacted by the recent COVID-19 lockdowns. The support package will be administered via the NSW Government via […]
Staying Super Compliant
Further to our article posted on 04.06.2021, MYOB and Xero have now announced how they are implementing the superannuation guarantee (SG) rate rise on 1 July 2021. If you are using Xero – good news, there is nothing that you need to do as Xero will automatically update the super rate to 10%. if you […]
An update on Audit Areas at HQB
HQB Manager, Mandy Bedi, now an ASIC approved SMSF auditor We have been lucky enough to have Mandy as part of our audit team for many years now, and her professional development has led to her formally being recognised as an ASIC approved SMSF auditor! This is a huge accomplishment earned through hours of practical […]
Changes to Casual Employment
From the 27th March 2021, some changes have come into effect for casual employment. Employers now have some additional requirements in relation to casual employees. There is now a requirement that all casual employees must be provided with a Casual Employment Information Statement before starting a new position or soon after they start. The Casual […]
Employers – Are You Aware Of The Upcoming Change To Super
The Superannuation Guarantee [SG] legislation requires businesses to contribute on behalf of each eligible employee to help save for retirement. The SG rate is currently at 9.5% of an employee’s ordinary time earnings. It has been frozen at 9.5% since 2014, however as previously announced in the Federal Budget, and further to our article posted […]
The 2021-22 Federal Budget
The 2021 Federal Budget was announced on Tuesday night. Our team have analysed the detail to identify what issues may impact our clients. The following is a summary of the key issues. Over the next month and as the legislation is adopted, we will provide further detail. Individuals Self-Education Expense Deductions The first $250 of […]
Flood Disaster Grants
Your Business could be eligible for a Flood Disaster Grant Last year small business was faced with more pressures and difficulties than most have had to endure in the entire life of their businesses. These challenges continued to flow through to this year particularly those recently being affected by the floods. In addition to our […]
Running for a Cause! #breastcancerawareness
“On the 18th of August last year, our family doctor of twenty years called mum to confirm the lump she had found only days earlier was indeed breast cancer.” – This was the reality for our friend and colleague, and his family last year. After dozens of chemotherapy sessions Jamie’s mother, Jayne, was able to […]
REGISTRATIONS recently opened for the NSW Dine & Discover voucher scheme!
Right now, all NSW residents aged over 18 years can apply for 4 x $25 vouchers worth $100 in total that could be used at registered businesses. Once redeemed, the NSW government will reimburse the value of the voucher within 5 business days direct to your business bank account. It is a great incentive from […]
Flood Assistance
Experts are calling it the worst floods in 20 years. Majority of Australia is currently experiencing severe weather and damaging flooding, and unfortunately there has been no forecast of conditions easing. We hope all our clients, family and friends are staying safe during these tough times of heavy rain and wild weather. If you have […]