In these difficult times more than ever it is essential to have your finger on the pulse and know how your business is performing right now. Having a well-considered and well-prepared budget and monitoring actual performance on a monthly basis to that budget is one of the best ways to ensure a swift and managed…
This is the first of a small series of blogs discussing what I believe will be the 4 key phases of this coronavirus business cycle. I will discuss what we’ve seen so far, what we can expect to see in the coming months and tips to successfully navigate your business through these phases. The coronavirus…
Government Assistance for Apprentices and Trainees As part of government’s ongoing support during the COVID-19 crisis, there is assistance to help eligible businesses to ensure they can continue to employ their apprentices and trainees. This includes a 50% wage subsidy of the apprentice or trainee’s wages paid since January 1, 2020 to September 30, 2020…
Advivo means “be alive” and we at Advivo thrive on interacting and helping people and this is not only clients and staff but also the greater community. We were recently approached by Multicultural Australia to speak at their online Community Information Session for ‘Financial Wellbeing and Support for Small Business.’ These sessions were arranged to…
Useful Information and Resources on the JobKeeper Payment Scheme 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. Xero and MYOB have issued information in their help sections regarding how to apply and…
New method for claiming expenses when working from home during 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. This shortcut method can…
Advivo Monthly Service Programs 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. We did this because we understand business owners crave all the benefits of having an accountant who is not…
Summary of the JobKeeper Payment Scheme Last week the Federal Government passed a package of Bills through both Houses of Parliament to give effect to the JobKeeper Scheme. We have received a great summary from The National Tax and Accountants’ Association which is relevant and meaningful for our clients. Download your copy here The JobKeeper…
Why now is the perfect time to ensure that you are eligible to invoke the Safe Harbour Provisions… 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…
Government Relief Package for the Child Care Sector Yesterday the Federal Government announced a new relief package for the child care and early childhood education sector. We have received a great summary from The National Tax and Accountants’ Association which is relevant and meaningful for our clients in these industries. Download your copy HERE. If…
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