Advivo Newsletter April 2020

By April 16, 2020Newsletters
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Stay informed with Advivo

Wow what a difference a month makes! Who would have thought things could change so much in such a short time. We at Advivo hope you and your family are well and safe and your business is doing okay. This will mean different things for different businesses in different industries and I want to assure you we are here to help. See our article below on how we can assist and we will continue to provide you with regular, prompt and relevant updates on Government relief and assistance packages as they are announced. Often these packages are released prior to being legislated and further changes and important details will follow so please keep checking back to our COVID-19 Business Hub here.

Two months ago we began the refurbishment of our office and I am pleased to advise we are now back where we belong at Level 12 300 Ann St. In saying that there are not many people there at present as we are observing the requirements and protecting our staff through remote working and social distancing. Our new premises are specifically designed to facilitate our staff working remotely. Some say we have a crystal ball, but a lot of time and effort went in to planning and equipping our staff and ensuring we had the right infrastructure. Despite the fact we are not in the office we are still fully equipped to service all your needs, now and in the future. After four months of working remotely we have mastered many new skills and can conduct all meetings via video conferencing and help you with this process as well. Please note the lifts to level 12 and our office are locked off at present, if you do need to come to our office or are sending any deliveries, please call beforehand.

Below there is more on how we can help you with the fallout from COVID-19 and its impact on your business, staff and family, as well as some tips and resources to help you navigate through this. We can get through it if we think strategically, take advice from the right people, access the reliefs available and most importantly communicate.

Sincerely,
Leon Stephan

Managing Partner

 

COVID-19 Business Information

 

How Advivo are helping businesses to best prosper throughout the Coronavirus Pandemic

Shortly before the Coronavirus Pandemic hit the world, we at Advivo completely reengineered the way we’re able to work with businesses to deliver a better service for their ongoing goals and needs. Read more about how we’re leveraging our new Monthly Service Programs to help businesses throughout this pandemic.

 

We are Here to Help - Advivo Accountants and Business Advisors in BrisbaneAdvivo – We are here to help!

In these unprecedented times procrastination is our worst enemy and fast but well informed decisions are necessary. Find out what we are doing to help our clients and friends through these turbulent times, click here.

If you would like to know more,  we urge you to contact us today!

 

Safe Harbour Provision EligibilityAre you Safe Harbour Ready??

With all of the change and uncertainty that we are currently experiencing, the additions to our “To Do Lists” or “Action Plans” are growing every day.  But one thing that is imperative to consider at this time is whether our companies are eligible to invoke the Safe Harbour regime, if and when it is needed. Click here to read more.

 

Claiming Tax Deductible Expenses while working from home due to COVID-19

With more and more people working from home to minimise their risk of exposure to the Coronavirus, the ATO have introduced a temporary simplified method (or shortcut method) of calculating additional running expenses incurred whilst employees are working from home. Click here to find out more.

 

JobKeeper Update – Information and Resources now available!

Further to our recent blog about the announcement of the “Jobkeeper Payment” (full blog available here) we would like to pass on some helpful information and resources that are now available. Read more

 

 

 

Advivo’s Charity of the Month!

Advivo’s commitment to the community includes our monthly charitable donation! Last month we donated to Redkite, an organisation that provides essential support to children with cancer, and their families.

With ANZAC Day approaching we have decided to make this months charity contribution to Legacy.

Legacy is a charity providing services to Australian families suffering after the injury or death of a spouse or parent, during or after their defence force service. They currently care for around 60,000 beneficiaries, with 96% of them being elderly widows throughout Australia.

Don’t forget if you would like us to include a charity of your choice, just drop us a line at info@advivo.com.au.

Key Events / Dates:

  • 21 April – Lodge and pay quarter 3, 2019–20 PAYG instalment activity statement for head companies of consolidated groups.
  • 21 April – Lodge and pay March 2020 monthly business activity statement.
  • 25 April – ANZAC Day
  • 28 April – Lodge and pay quarter 3, 2019–20 activity statement if electing to receive and lodge by paper and not an active STP reporter.
  • 28 April – Pay quarter 3, 2019–20 instalment notice (form R, S or T). Lodge the notice only if you are varying the instalment amount.
  • 28 April – Make super guarantee contributions for quarter 3, 2019–20 to the funds by this date.
  • 30 April – Lodge TFN report for closely held trusts if any beneficiary quoted their TFN to a trustee in quarter 3, 2019–20.
  • 30 April – Lodge lost members report for the period 1 July 2019 to 31 December 2019.
  • 15 May – Lodge 2019 tax returns for all entities that did not have to lodge earlier (including all remaining consolidated groups), and are not eligible for the 5 June concession. Due date for companies and super funds to pay if required.