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 on value? Should you discount or hold firm to pre COVID-19 performance on the basis that ‘we’re going to come out of it eventually’? Fair …
The first tranche of JobKeeper ended on 27 September 2020. We look at the issues for those seeking to qualify for the second tranche of JobKeeper and for those no longer eligible. Wrapping up JobKeeper If your business is no longer eligible for JobKeeper payments, there are a few things you need to do: Advise …
CLICK HERE to read the Acumon Connect Spring 2020 Newsletter In this issue: – Expert Advice– Q&A: Grants & Tax– Jason’s Juicy Burgers– Financial Planning Advice
Now, more than ever, business operators should have a plan in place to manage during uncertain times. Even if your business is not directly impacted, it’s likely your customers, your supply chain, and your workforce will be to some extent. So, how do you plan for uncertainty when every assumption is subject to change? Understand …
COVID-19 has had an impact on many SMSFs. Let\’s look at the key issues. Early release of superannuation When a member of your fund wants to access up to $10,000 of their superannuation early under the COVID-19 measures, there are some additional steps that trustees need to take. Trustees will need to ensure their deed …
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 employed on 1 March 2020 might now be eligible. The proposed changes would enable employees employed on 1 July 2020 to receive JobKeeper payments from 3 August if …
Two major Australian Taxation Office (ATO) initiatives are searching out fraud and schemes designed to take advantage of the Government’s Coronavirus Economic Response Package. Tip lines, tax returns and STP The tip line, tax returns, and single touch payroll are just a few of the data sources the ATO is using to identify “inappropriate behaviour.” …
TAX PLANNING GUIDE Now’s the time to review what strategies you can use to minimise your tax before 30 June 2020. Imagine what you could do with tax savings? Reduce your home loan Top up your super Have a holiday Deposit for an Investment Property Upgrade your Car The most important thing to remember is …
CLICK HERE to read the Acumon Connect Winter 2020 Newsletter In this issue: – Expert Advice– JobKeeper– Cupcakes with Claire– Financial Planning Advice
let us help you achieve the ultimate financial freedom Let’s keep it really simple. We can create for you, a one-page plan for your future: how much money you will need an estimate of how much money you’ll have how to help you get to what money you’ll need to ensure you have a bright …