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 be [...]

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 dates [...]

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 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 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 and [...]

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 useful [...]

Advivo Newsletter May 2020

Key Events / Dates: 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. 21 May – Lodge and pay April 2020 monthly […]