JobMaker is the latest wage subsidy scheme introduced by the Federal Government to help businesses survive while at the same time giving young people access to job opportunities. Young people (those aged 16 to 35) have been particularly badly hit by restrictions imposed as part of the health response to the […]
What type of income is the JobKeeper Payment? While it is a government subsidy of sorts, the JobKeeper payment is still assessable income, meaning that it IS taxable. Unlike the Cash Flow Boost, which is not taxable. How will this be treated at tax time? Will I need to do anything […]
During the COVID-19 pandemic, your cash flow concerns are bound to be heightened. Our list of tips should help you to keep your head above water by giving you the tools to survive. Accelerate your receivables It’s important that you consider establishing a temporary framework to decrease the time which you […]