Posts by Success Tax Professionals
Activity-based workspaces
Activity-based workspaces give employees the flexibility to work from different types of workspaces and choose the workspace that best fits their activity.
Read More$130 Billion JobKeeper Payments
Businesses, charities and not for profit entities impacted by the Coronavirus will be able to access a subsidy from the Government to continue paying their employees.
Read MoreJobKeeper payments
The Federal Government have announced a new wage subsidy package including $130 billion committed over the next six months to support jobs.
Read MoreTemporary relief for financially distressed individuals and businesses
On 24th March 2020, the Federal Government’s Coronavirus Economic Response Package Omnibus Act 2020 came into force.
Read MoreTax-Free Payments of $750 to Eligible Recipients
The Government is providing two separate $750 payments to social security, veteran and other income support recipients and eligible concession cardholders.
Read MoreTemporary Early Release of Superannuation
The Government is allowing individuals affected by the Coronavirus to access up to $10,000 of their superannuation in 2019-20 and a further $10,000 in 2020-21.
Read MoreTax agents are considered essential services
Tax agents are considered essential services and should continue providing services if they can practice social distancing.
Read MoreIncome support for sole traders
The Federal Government has established a new, time‑limited Coronavirus supplementt be paid at a rate of $550 per fortnight.
Read MoreAssign a lease to get rid of rental expenses
Assigning a lease transfers your rights under the lease to the new tenant. Your rental expenses for this lease falls to zero.
Read MoreIncrease sales to reduce rent as a % of sales
As rent is a fixed cost, increasing sales will reduce the rent cost as a percentage of sales.
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