ALLIANCE ACCOUNTING ARTICLES
IS THE JOBSEEKER PAYMENT TAXABLE?
If you are looking to apply for JobSeeker and are wondering whether it is taxable, here’s some information to guide you.
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NEW JOBKEEPER EXTENSTION
The original JobKeeper Payment scheme (the Scheme) was announced on 30 March 2020 by the Prime Minister and the Treasurer. The purpose of the Scheme is to keep people employed even though the business they work for has suffered a downturn including a ‘hibernation’ or close down for a temporary period.
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COVID GRANTS FOR SMALL BUSINESSES IN NSW
Many small business owners in New South Wales, Australia are struggling to keep their business afloat amidst the COVID-19 pandemic. This is an uncertain time. However, there are government grants and loans they can take advantage of. Below is a detailed list.
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WHEN SHOULD YOU HIRE AN ACCOUNTANT FOR SMALL BUSINESS?
One pattern observed among small business owners is that they usually try to DIY most tasks, especially at the beginning of their business, mostly in the name of economy.
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BUYING ROOMS: 3 TAX IMPLICATIONS MEDICAL PROFESSIONALS MUST KNOW
If you’re a medical professional looking to expand your practice, you may be considering buying more rooms. While this can provide you with many benefits, it’s not a decision to be taken lightly.
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TAX PLANNING: HOW THE RIGHT ACCOUNTANT CAN HELP YOU LEGALLY PAY LESS TAX
With 30 June fast approaching, Australian business owners know that it’s tax crunch time again. Both businesses and individuals need to review their financial year to determine their taxable income and calculate tax deductions.
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HOW AN ACCOUNTANT CAN HELP YOU WHEN STARTING A MEDICAL PRACTICE
If you’re still in the early stages of starting a medical practice, you might still be in the decision-making phase. If this is the case, and you’re trying to decide your first steps, an accountant can help you.
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WHAT CAN BE DEDUCTED IN A BUSINESS?
As the financial year ends, our accountants have prepared an updated guide on a few items that will assist in minimising the stresses of preparing your taxes. The guide includes some of the latest announcements by the Government.
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