Small Business All Figured Out

With the first tranche of JobKeeper due to end on 28 September, find out whether you qualify for the extension and what steps you need to take next. Registered Tax Agents and CPA's Sheryl Cole & Corine Cole discuss Jobkeeper 2.0 and answer questions such as: Do you qualify for JobKeeper 2.0What you need to do to meet the additional turnover test How to identify eligible employees following the employee eligibility date change The new JobKeeper amounts The availability ...

In this Tax Bite Update, we’re talking about claiming working from home using the new 80 Cents Per Hour Method recently announced by the Australian Taxation Office in response to the COVID-19 pandemic.These Tax Bites are created for you, the individual taxpayer, to give you tax tips and tools to help you prepare for Tax Time 2020 in Australia. This Tax Bite Edition is hosted by Registered Tax Agents and CPA’s Sheryl Cole and Corinne Cole.Special Tax Bite episodes will be happening in the lead...

In this Tax Bite episode, we’re talking about working from home and the home office expenses that you may be able to claim as a tax deduction. These Tax Bites are created for you, the individual taxpayer, to give you tax tips and tools to help you prepare for Tax Time 2020 in Australia. This Tax Bite Edition is hosted by Registered Tax Agents and CPA’s Sheryl Cole and Corinne Cole.Special Tax Bite episodes will be happening in the lead up to tax time 2020 to help you prepare for tax time...

In this episode, Accountants, Registered Tax Agents and CPA’s Sheryl Cole and Corinne Cole dive deeper into the JobKeeper Payment Scheme and what it means for employers, self-employed people, and individuals by default.We clarify for you:The details of how you, as an employer, will determine your eligibility for the JobKeeper Payment The need for $1,500 physical wage payments that must be made to your employees in the two fortnights of April 2020 - and all fortnights beyond - in order fo...

In this episode, Accountants, Registered Tax Agents and CPA’s Sheryl Cole and Corinne provide further details regarding the Government's Stimulus Packages and other subsidies, grants and relief that may be available to your business in response to COVID-19.We clarify for you:Job Keeper Payments and the eligibility of employers, employees and self-employed.Business Grants of up to 10k in VictoriaTax-free payments up to $100,000 for employers; a closer look.Moratorium on evictions and rent reli...

A tax agent can provide you with much more value than you may realise. In this episode, Corinne and Sheryl talk about the reasons why you should use a Registered Tax Agent to prepare your individual tax return in tax time 2020.We outline the 6 ways that working with a Registered Tax Agent will benefit you:1. Knowledge and experience2. Valuable relationships and timely advice3. Expertise in occupation-specific tax deductions4. Convenience and time-saving5. Extended tax lodgement deadlines6. Ta...

In this episode, Accountants, Registered Tax Agents and CPA’s Sheryl Cole and Corinne Cole outline the key 8 measures announced in the Government’s 2nd $66.1 bn Stimulus Package.We clarify for you:Tax-free payments up to $100,000 for employersSole traders and self-employed - what’s available for these taxpayersSupport available for businesses who employ Apprentices and TraineesIncreased Centrelink SupplementsEarly release of superannuationLoans for small and medium businesses up to $250,000So...

In this episode, Sheryl and Corinne discuss how to maintain Business Continuity in the face of the COVID-19 Coronavirus Pandemic, to give you guidance on the strategies that you can implement for your staff to facilitate them to work remotely if required. We also discuss other business considerations that you should be thinking about at this time.We talk about:What a Business Continuity Plan is;Things you can do to facilitate your staff to work remotely if needed; andOther business considerat...

Welcome to Small Business All Figured Out - The Tax Bite Edition. These Tax Bites are created for you, the individual taxpayer, to give you tax tips and tools to help you prepare for Tax Time 2020 in Australia. This Tax Bite Edition is hosted by Registered Tax Agents and CPA’s Sheryl Cole and Corinne Cole.Special Tax Bite episodes will be happening in the lead up to tax time 2020 to help you prepare for tax time and get the inside scoop as to what you can and can’t claim on tax and what ...

In this episode, Sheryl and Corinne discuss Marketing Strategy versus Marketing Tactics, to help you understand the difference and how to effectively implement in your business to give your business a competitive edge.We talk about:What marketing is;Why your business needs marketing; andUnderstanding the difference between Marketing Strategy and Marketing Tactics.If you'd like help with your marketing strategy or assistance with the best tactics to implement that will work best for your small...