Audit Insurance - Advivo

Are You Covered for Audit Insurance?

How Audit Activity Is Prevalent and Can Affect You in Response to COVID-19   The Australian Tax Office (ATO) has increased their compliance lockdowns and investigations on businesses, where organisations can be selected at random, even if your filed returns are accurate. With the introduction of JobKeeper and JobSeeker, the ATO has recently announced they…

Staff Spotlight with Michael Agius - Advivo

Staff Spotlight with Michael Agius

Staff Spotlight: Michael Agius Introducing Michael Agius, Advivo’s Practice Manager, as an integral part of our business. Not only does he take care of billings, process mapping and workflow, but Michael drives the vision of Advivo and keeps everything on track. Michael is a commercially minded and qualified Chartered Accountant with exposure to Audit and…

The Parliament - Advivo

JobKeeper and JobSeeker Updates

Federal Government Updates on Jobkeeper and Jobseeker On 21 July 2020, the Federal Government announced an extension to the JobKeeper wage subsidy through to 28 March 2021 and a temporary boost to the JobSeeker unemployment benefit program. This initiative is obviously designed to allay fears of a significant disruption to business viability in September from the proposed cessation…

COVID-19 Compliance With ATO

The Importance of Lodging Correct and Accurate Information With the ATO   In response to COVID19, the Australian Government announced a range of stimulus packages to assist individuals, employees and employers. The Australian Taxation Office (ATO) is responsible for the administration of many of the stimulus packages available and have since announced that they will…

Minimum wage increase - Advivo

Fair Work Commission Wage Increase

Impact of the Fair Work Commission Increase to Your Business   The Fair Work Commission has announced that a 1.75% increase to minimum wages will apply to all award wages. In previous years the increase to award rates would happen on 1 July, however this year the increase to awards will start on 3 different…

Building - SMSF banner image - Advivo

Tax Benefits of Owning SMSF Property

Self-Managed Funds—the Advivo Way One of the big advantages of setting up your Self-Managed Super Fund (SMSF) is the ability to make investments the way that best suits you, and for some, this includes property. If you’re thinking about purchasing commercial property through your SMSF, it’s important that you understand exactly what’s involved. Business owners…

Ensuring Approvals - Advivo

Ensuring Approvals Amidst the Pandemic

The Current Lending Environment Is Tough—What Can You Do to Ensure Approvals? Financial institutions are suggesting borrowers are pulling back from extra borrowing or making additional repayments to their mortgage repayments. “The Brokerage” is a finance company that has worked with a number of Advivo clients to minimise risk and maximise returns, leveraging their years…

Planning Ahead your Business's Future - Advivo

Planning Ahead and Building Your Business’s Future

Build a Stronger Future for Your Business With Advivo   As the country slowly returns to business as usual, planning out the future of your business is no small task.  Advivo are Brisbane based business advisors with the resources and skills available to help you move forward confidently during these uncertain times. As businesses re-open…

Forecasts and Budgets - Advivo Accountants and Business Advisors

Working With the Best Bookkeepers in Brisbane

The Importance of  Getting the Best Bookkeepers: Maintaining Accurate and Clean Financial Records   Is your bookkeeping up to date to start the new financial year? With accurate and efficient bookkeeping, you will be able to maintain accurate and ‘clean’ financial records which will help you to understand how your business is performing to gain…