JobKeeper 2.0 eligibility from 28 September clarified The JobKeeper program has now officially been extended for 6 months to 28 March 2021 and the ATO (Australian Taxation Office) have finally clarified a lot of the speculation which has been circulating the press since Federal Treasurer Josh Frydenberg’s announcement earlier this week. There are a lot…
JobKeeper 2.0 Legislation—Passed JobKeeper 2.0 legislation has now been passed by the Senate on Tuesday, with minor amendments and extending the governments wage subsidy program by six months to 28 March 2021. This will replace the $1,500 a fortnight payment with a new two-tier payment rate from 28 September 2020. Treasurer Josh Frydenberg has highlighted that eligibility…
Increased eligibility for JobKeeper payments. For the second time in a fortnight, the Federal Government has announced further updates to the JobKeeper wage subsidy, to ensure businesses can continue to retain their employees under the economic impacts of COVID-19. The changes to eligibility criteria have a significant impact for all businesses and we encourage you…
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…
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 or Quarterly 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…
Last week, Advivo hosted its’ first event of 2020 focused on 11 analytical and strategic planning tools to assist with business planning. Thank you to everyone who attended our event ‘Your Strategic Planning Toolkit Explained’. It was a very successful night! This event gave an overview of a whole raft of strategic planning tools to help business owners with the important tasks of business…
Innovative Accounting Solutions For Your Business Here at Advivo, with our expert team of accountants, we provide a multitude of innovative accounting and tax solutions for you and your business. We offer innovative fee structures, such as fixed fees for ease of mind, then we provide solutions such as: Innovative Ideas Commercialised Through Our ICP…
Beware of These ATO and ASIC Scams We have written before alerting everyone to circulating scams that appear as communications from the ATO and the ASIC. These scams can be highly effective at misleading individuals and will compromise the security of your personal information. We have compiled a list of known scams and how you…
Improving Productivity and Cashflow with Automation Taking control of your cashflow and managing debtors are challenging elements to running a successful business. Automation can be used to free up your time for other tasks and often makes for faster, more cost-effective processes. While there are many different ways of maintaining cashflow, automation is one of the…
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