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If your business doesn’t have the right cybersecurity precautions in place, then having your employees working from home can put your assets at serious risk.
COVID-19 is forcing many businesses to have employees work from home and the change may be difficult for some teams, especially if they haven’t worked remotely before.... more
Many offices have moved to remote working and employees are working from home, this can create added expenses for employees. However, there are possible tax deductions you may be entitled to.
What items can be claimed?
Home office running expenses:
The Federal Government announced a new $130bn JobKeeper payment plan as part of its third stimulus package. This is created to subsidise wages to ensure businesses can keep employees during the downturn, due to COVID-19.
Businesses will receive a wage subsidy of $1,500 per eligible employee, per fortnight to keep employees
Many businesses around the world have their employees working remotely during the coronavirus outbreak, including our team. While there are many benefits to working remotely, there are also challenges. If you are able to work from a home office we have some tips which may help you cope with working remotely.
With the fallout from COVID-19 and the effects it is having on businesses, we understand finances are tough for businesses and individuals at this time.
If you are having financial difficulty the majority of lenders have hardship policies in place for individuals and you should get in touch with your bank. For more information
The Government released a second stimulus support package to help with the effects of coronavirus on the economy. Some of the updates are:
- PAYG Withholding credits for businesses with employees
The Government has announced a $17.6 billion investment package to support the economy as we brace for the impact of the coronavirus.
The yet to be legislated four-part package focuses on business investment, sustaining employers and driving cash into the economy.
Employee awards can be an easy and fun way to boost employee productivity and can be done without exhausting time and resources.
Showing your team that you appreciate and recognise their effort can increase their incentive to work harder and be more motivated in your business. Whether your award ceremony is as simple as getting a certificate... more
Establishing terms and conditions for your business provides clarity and protection for you and your clients. Otherwise, your business could be at risk of legal and financial stress.
The terms and conditions of a business act as a contract that aims to protect intellectual property, control liability and enforce rules. This can help... more