News and information

Federal Budget 2022

Added on 05 April 2022

The Federal Treasurer, the Hon. Josh Frydenberg MP, delivered his latest Federal Budget on 29 March 2022. The Budget papers include a number of measures that may impact you. On the personal taxation front, the proposed changes include an increase to the low and middle income earner tax offset with a once-off $420 cost of living tax offset for the 2022 tax year. For businesses, there are incentives to spend money on skills, tr... READ MORE

Payroll & Superannuation changes

Added on 08 June 2021

Payroll & Reporting to ATO Do you pay wages to employees ? Do you pay wages to yourself ? If you answered yes to either question, essential information follows Single Touch Reporting If you employ staff in your business you will already be familiar with Single Touch Reporting. The ATO introduced compulsory reporting of payroll information back in July 2019. All payroll software providers ... READ MORE

Federal Budget 2021

Added on 06 October 2020

Federal Budget Summary The Federal Treasurer, Mr Josh Frydenberg, handed down the Government’s delayed 2021 Budget last night – 6 October 2020. With 2020 being a year where Australia was affected by Floods, Bush Fires, Drought and the Global Pandemic which have all had a significant effect on the economy, the Federal Budget’s aim is to put the economy back on track, with major spending planned to avoid economic disaster... READ MORE

JobKeeper Update and Critical Retest

Added on 23 August 2020

Doing nothing is not an optionUnder the JobKeeper 2.0 changes announced in July by the Federal Government, JobKeeper 1.0 will continue until 27 September 2020. After then, new qualification rules apply, meaning, that to qualify for JobKeeper 2.0, your business will need to prove the 30% downturn in GST Turnover for the whole quarter of 1 July to 30 September 2020 in comparison... READ MORE

Happy New Financial Year - 2021

Added on 24 July 2020

Happy New Year, and welcome everyone to the start of FY2021 ! Hopefully it will be a better year for everyone compared to the COVID-19 affected FY2020. Hope you have all made your new year financial resolutions (whether they be plans for relaunching, new targets, new marketing ideas, new products etc). Whilst the adverse economic effects for some have passed, it is just starting for others, who have had a de... READ MORE

Small Business COVID-19 Adaption Grant Program

Added on 25 June 2020

The objective of this program is to support small businesses subject to closure or highly impacted by the coronavirus (COVID-19) shutdown restrictions announced by the Queensland Government, to adapt and sustain their operations, and build resilience. After Round 1 of the program was allocated very quickly, a second round has been announced and will be accepting applications from 1 July 2020. The aim of the... READ MORE

Time for Tax Planning

Added on 22 May 2020

Want to save on tax ... It's time to act The purpose of this newsletter is to highlight each of the tax planning opportunities available to you. As the COVID-19 and the related stimulus measures have been a major priority of late, it is now important to act. We will be looking at your situations individually, but you need to act quickly, and we encourage you to schedule a meeting as ... READ MORE

Happy Clients

Added on 07 May 2020

These guys have saved my bacon during covid19. Took a lot of the stress out of being self employed and parked up due to lockdown.Not only reduced my annual accounting fees over my previous accountant but also did all the Jobkeeper (and lifesaver) applications and gave advice on my behalf because they know better than me what to do.Previous accountancy was charging hourly rate for the same service but these guys said it is all ... READ MORE

JobKeeper Payment - FAQs

Added on 15 April 2020

JobKeeper payments for Business OwnersThe final rules for the JobKeeper payment scheme were released over the Easter weekend. There have been some significant updates and we have reflected these below. As many of you would be aware, the JobKeeper payment is a payment directly from the Government to eligible employers of $1,500 per fortnight, for each eligible employee. The payments apply from 30 Ma... READ MORE

Etairos Accounting Coronavirus Announcement

Added on 01 April 2020

Like virtually every business across Australia, Etairos has been significantly affected by the COVID-19 Virus. At Etairos, our primary focus is on the health and safety of our team members, our clients and the extended business community that we are associated with. Accordingly, we have implemented a series of best practice measures as recommended by the Health Authorities. It is very much "Business As Usual” for us t... READ MORE

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