“The strength of the team is each individual member, the strength of each member is the team”
At a time where human interaction is few and far between (and most of our staff are working from home), we wanted to take some time today to look back on a fun bonding experience our team shared recently. Besides our usual excitement for the impending weekend after a busy week, Friday the 21st of […]
NSW COVID-19 Small Business Support Grant $10,000
The NSW Government is releasing a new Small Business Support Grant of $10,000 to assist small business owners struggling to cope with the COVID-19 shutdown. However it’s not available for all NSW small business owners – there are eligibility requirements that must be met before you are considered for this grant. Businesses may be eligible […]
COVID-19 The Third Round of Economic Responses
On 30th March 2020 the Federal Government announced the third round of economic stimulus in response to the Coronavirus outbreak. For businesses and self-employed, the announcement introduced the JobKeeper Payment which provides further support for businesses to retain jobs. For individuals, the partner income test relating to eligibility for Centrelink payments (JobSeeker Payment, Partner Allowance […]
The Queensland Payroll Tax Relief
On the 24th March 2020, the Queensland government announced that as a result of COVID-19, all employer regardless of their size can apply for a deferral of payroll tax for the 2020 calendar year. The online application can be found at this link (note: if you have already applied for a deferral, you do not […]
COVID-19 – The Second Set of Economic Responses
On 22 March the Government announced a second set of economic responses which, combined with previous actions, total $189 billion across the forward estimates. This is the latest update of support to households and businesses aimed at absorbing significant economic consequences of the Coronavirus. Further to our correspondence on 16.03.2020, the following is an update of […]
Economic Stimulus Package – Payroll Tax Relief
On the 17th March 2020, the State Government announced as part of the economic stimulus package, a payroll tax relief. Details of the relief have now been clarified and we can confirm: The payroll tax relief is for businesses with grouped Australian wages of no more than $10 million in the 2019/20 financial year Employers […]
UPDATED: Coronavirus – The Government Support For You and Your Business
The Government recently released numerous announcements regarding Coronavirus, the impacts and what support is available to you and your business during this time. These announcements cover many diverse areas, so with the information available to us, we have deciphered how these changes could affect you. Economic Stimulus Package The recent economic challenges Australia is facing […]
Taxing Time for Expats: Changes to the CGT Main Residence Exemption
If you are an Australian foreign resident for tax purposes and are planning on selling your main residence in Australia, there are some important new laws that you need to be aware of. Until recently, non-residents could claim an exemption for capital gains tax (CGT) when selling their main residence in Australia. However due to […]
Go Bananas for a Good Cause!
This Sunday, Ian and Sue Hogbin will be participating in the Great Gorilla Run, London UK. Dressed up in their gorilla costumes, they will be running through the centre of the city to raise awareness and funds to help save a species on the verge of extinction. Please support them and the 900 mountain gorillas […]
An invite to art
At HQB, we care about our local community and supporting a vast array of different events; ranging from sporting to arts and everything in between. In the past two years, we have decided to take a major sponsorship position with the Friends of the Coffs Harbour Regional Gallery, and it has been great to support […]