As we near the end of our financial year, we enter a new chapter of growth in both our firm, and our people. We are therefore delighted to share numerous announcements for our Hall Chadwick QLD people, taking place from July 1.
With the end of financial year fast approaching, now is a good time to think about opportunities and risks that should be addressed before 30 June 2021.
Read more about Year End Planning and access our guide.
Recently the Queensland Farmer’s Federation (QFF) partnered with Airbnb to launch a farm stay platform to capitalise on the booming agritourism sector.
We spoke with client John Hays, owner of Hells Gate Roadhouse, a cattle farm with roadhouse and accommodation village located 50km from the Queensland/NT border. Read more here.
The 2021 federal budget stipulated that the compulsory superannuation guarantee — the proportion of wages that employers must contribute to their employees’ retirement savings, is legislated to increase half a per cent a year starting on 1 July, 2021 before reaching a final value of 12.00% by 1 July, 2025. Read more about the impact here.
On 11 May 2021, the Treasurer, Mr Josh Frydenberg, presented the 2021-22 Federal Budget.
The Budget was directed at promoting recovery and innovation.
Read more about the Federal Budget 2021-22 and how it affects individuals and business.
In our video series Hall Chadwick QLD Partner Sanil Raje talks to the considerations for setting up or changing a business structure.
Sanil refers to the several key factors that your business structure should be determined by, and how often this should be reviewed.
Click through to watch our video and learn more.
Recently the Australian Tax Office (ATO) has announced that it has been cracking down on the profits made from cryptocurrency investing and trading. This along with the growth in popularity of Bitcoin and other cryptocurrencies as an investment choice mean we need to consider the tax impact of trading and investing in these products.
Read more about the tax impact on cryptocurrency and how to best prepare.
In this edition of Tax Time Monthly we cover updates and findings from ATO on: Fringe Benefits Tax; Tax treatment of government grants and payments during COVID-19; No more JobKeeper but are you eligible for JobMaker; Do you need to review your service trust arrangements in the light of PCG…
The ActiveKIT initiative is a grant being offered by the QLD Department of Tourism, Innovation and Sport. This grant aims to support innovative solutions within the Active Industry to increase physical activity opportunities for target cohorts and contribute to the Industry’s capability and resilience. Read more about eligibility and key dates.
The Government’s SME Recovery Loan Scheme is designed to support the economic recovery, and to provide continued assistance to businesses currently on JobKeeper. Phase 1 and 2 of the scheme have previously been advised, with Phase 3 of the SME Recovery Loan Scheme coming into effect from 1 April 2021.
Read more about Phase 3 of the loan scheme here.
