Monthly Archives: April 2020

Cashflow for businesses during COVID-19

13 April 2020
by: firstavenue
in: Bookkeeping,Small Business,Tax
note: no comments

When running your own business, the saying “Cash Is King” is one that can be often overlooked, in the pursuit of business growth, personal need, or trying to gain a tax advantage (amongst other reasons). In times of crisis, this saying brings on a new meaning. All about survival. With nobody really sure how long […]

Jobkeeper Stimulus

13 April 2020
by: firstavenue
in: Finance,General Interest,Small Business,Tax
note: no comments

The information below is based on publicly available information from the legislation, explanatory memorandum, and the fact sheets and the ATO website. The JobKeeper or wage subsidy payment has passed both houses and been given royal assent. The treasury has released the rules for this payment and this article is a brief overview of the legislation and rules. As everyone’s […]