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That your business becomes as profitable as it can be (on a cash basis). Profit pays debt, profit drives the business forward and profit gives you the reward for all your hard work.
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Blog
Cash Boost
So while we’ve all been giving our attention to the Jobkeeper legislation we are forgotten the initial piece of legislation that the government called Cash Boost which is misleading because they don’t actually give you any cash you are just saved from paying PAYG.
Boosting cash flow for employers
The Government will provide tax-free cash flow boosts of between $20,000 and $100,000 to eligible businesses, delivered through credits in the activity statement system, when eligible businesses lodge their activity statements.
How to get Your Business in order
Get the accounts completed. Know what your tax debt and other commitments are. Use this period when everyone including the Australian Taxation Office is flexible to plan a way out
Getting it right with the landlord
When you step back into your business to operate, you’ll be short of cash flow, you’ll be thinking you need to have enough to pay the staff each week and pay your suppliers as yours and other businesses find their stride.
How we prove you had a downturn
There will be new updates no doubt, and even Your Business Angels has found a group that has been left out in the cold and we will go into bat for them over the weekend.
JobKeeper Payment – Sole Trader and other Self-Employed People
Under the JobKeeper Payment, businesses impacted by the Coronavirus will be able to access a wage subsidy from the Government to continue paying their employees.
JobKeeper Payments – Overview in a nutshell
Under the JobKeeper Payment, businesses impacted by the Coronavirus will be able to access a wage subsidy from the Government to continue paying their employees.
State Government Support summary in a nutshell
What’s on offer from the state governments seems much clearer that wading through Jobkeeper process. There is some variation between the states, but states have a combination of cash money, refunds, deferments and support that is helpful to especially small businesses.
Your Mortgage
In reviewing outgoings, the home mortgage is a starting point. Here are 2 actions we are taking for our clients when requested.