by Garry Wolnarek | 31 Mar 2020 | Covid-19, Small Business
Employer payments to employees Job Keeper Payment OverviewSupport for Employers to keep employees on the books! Employer Register Now for Jobkeeper The Job Keeper Payment will provide a flat $1,500 a fortnight per employee for businesses to retain or rehire nearly six...
by Garry Wolnarek | 23 Mar 2020 | Covid-19, General, Small Business
2nd Wave COVID-19 Stimulus Packages Income support for individuals & Sole Traders Over the next six months, the Government is temporarily expanding eligibility to income support payments and establishing a new, time-limited Coronavirus supplement to be paid at a...
by Garry Wolnarek | 16 Mar 2020 | Covid-19, Small Business
Corona Virus Stimulus Packages Low Income Australian The Australian Government will provide financial assistance to around 6.5 million lower-income Australians in response to the Coronavirus.One-off payments of $750 will be paid to around 6.5 million lower-income...
by Garry Wolnarek | 27 Oct 2019 | Capital Gains, Property Advice, Property Taxation, Small Business, Tax Planning
Flipping houses can be a great way to make a living or a handy lump of cash quickly, however it involves Finding the right propertyFinancing can be on a short-term basisGetting the number rightExecuting the makeover and selling in the shortest time possibleGetting the...
by Garry Wolnarek | 26 May 2017 | Small Business, Tax Planning
If you have a family trust that will distribute the net profit to beneficiaries for the 2017 financial year, you need to create and sign a trust resolution by the 30th June 2017. A Trust Resolution is a statement of intention to distribute the profits to the...
by Garry Wolnarek | 23 May 2017 | Small Business, Tax Planning
Family trusts vs SMSFs With major changes to superannuation rules, family trusts had previously been overlooked as a wealth management tool as investors incorrectly believed that the benefits / investments would be largely eroded via a family trust. While at the same...