Posts in Businesses

2020 Tax Planning Businesses

2020 Tax Planning Businesses

May 26th, 2020 Posted by B&W Additions News, Businesses, News, Non Concessional Contributions, Superannuation, Tax Planning, Taxation Measures No Comment yet

2020 has been a difficult year for Australian businesses across all sectors when you consider that we started with a drought, then experienced extreme bush fires and topped it off with the COVID-19 pandemic[…]

Victorian Business Support Fund

Victorian Business Support Fund

April 8th, 2020 Posted by Asset test, B&W Additions News, Businesses, Employees, Employers, Individuals, Jobkeeper Payment, News, Pension, Retirees, Superannuation, Superannuation Update No Comment yet

In addition to the Federal Government response to the Coronavirus, the Victorian State Government has established a $1.7 billion Economic Survival Package: The Victorian Business Support Fund[…]

Stimulus package retirees

Stimulus Package and impact for Retirees

April 6th, 2020 Posted by Asset test, B&W Additions News, Businesses, Employees, Employers, Individuals, Jobkeeper Payment, News, Pension, Retirees, Superannuation, Superannuation Update No Comment yet

With the release of the Government’s Stimulus Package Retirees may need to review their situation. Have you been wondering what support you will receive or can possibly access as a result of all the changes related to COVID19 as well as the resulting share market declines[…]

Early Release of Superannuation on Compassionate Grounds

Early Release of Superannuation on Compassionate Grounds

April 2nd, 2020 Posted by B&W Additions News, Businesses, Employees, Employers, Individuals, Jobkeeper Payment, News, Superannuation, Superannuation Update No Comment yet

One aspect of the Australian Government’s stimulus package was allowing individuals adversely affected by the economic effects of the Corona Virus to access up to $10,000 of their superannuation monies in both the 2020 financial year and the 2021 financial year[…]

Jobkeeper Payment

Jobkeeper Payment

March 31st, 2020 Posted by B&W Additions News, Businesses, Employees, Employers, Individuals, Jobkeeper Payment, News, Superannuation No Comment yet

The Government has announced a further round of economic stimulus measures with the main focus being on providing income support for employees and allow businesses to continue to employ people during these unprecedented times[…]

Economic Response to Coronavirus

Economic Response to the Coronavirus

March 23rd, 2020 Posted by B&W Additions News, Businesses, Individuals, News, Superannuation No Comment yet

As the Governments initial outlook on the economy has deteriorated from the original ‘Stimulus Package’ announcement on 12 March 2020, the government yesterday announced a second Coronavirus stimulus package totalling $189 billion[…]

Federal Budget Businesses company meeting

2019 Tax Planning – Businesses

June 6th, 2019 Posted by B&W Additions News, Businesses, News, Superannuation, Tax Planning, Uncategorised No Comment yet

Cash flow is incredibly important to all businesses and cash flow dictates what a business can and cannot do. One of the businesses largest cash outflows is to the ATO […]

2019-Federal-Budget

2019/2020 FEDERAL BUDGET – Highlights

April 3rd, 2019 Posted by Businesses, Federal Budget, Individuals, News, Superannuation, Uncategorised No Comment yet

The Federal Budget handed down last night by the Treasurer Josh Frydenberg has generally been agreed to be a responsible Budget[…]

B&W ADDITIONS – YEAR IN REVIEW

December 13th, 2018 Posted by B&W Additions News, Businesses, Individuals, News, Uncategorised No Comment yet

2018 has certainly gone by so fast and here we find ourselves at the tail end of what was quite a busy year for the team at B & W Additions[…]

Federal Budget Businesses company meeting

2018/19 FEDERAL BUDGET – BUSINESSES

May 9th, 2018 Posted by B&W Additions News, Businesses, Federal Budget, News, Tax Planning No Comment yet

The Federal Budget did not deliver much to businesses other than the extension of the immediate asset write off for eligible assets of up to $20,000 for small businesses.  Much of the focus was on integrity measures to protect the revenue base[…]