Brealey Quill Kenny industry news and updates

A reminder to our business clients with employees that from 1 July 2022 the following changes to super guarantee (SG) come into force: SG will be payable for an employee regardless of how much they earn. This is due to...

The Level 2 COVID-19 Business Assistance Package has been expanded to provide more support for local businesses. Under the expanded program, two tiers of grants will now be available to businesses that experienced a decrease in turnover for a consecutive...

Last night, the Federal Budget was handed down in Canberra. Please find a summary of the Tax and Financial support related measures announced in the budget via the link below, as prepared by our affiliated financial planning firm, Barns Financial Services....

The WA Small Business Assistance Grant – December 2021 is now open. It is available to small businesses operating within the hospitality sector, the music events industry or the creative and performing arts sector, that were directly financially impacted by...

The Federal Government, through the Australian Business Registry Service (ABRS), is implementing a new director identification number (director ID) regime which will require all company directors to apply for a director ID number. The phased implementation commences from November 2021....

If you have new employees who start from 1 November 2021 and they don’t choose a super fund, you may need to request their ‘stapled super fund’ details from the ATO. A stapled super fund is an existing super account...

The ATO are reminding taxpayers that they have an app which allows you to quickly and easily check your 2020–21 tax return progress. The ATO app allows you to: view when lodgements and payments are due view a summary of...

With tax time underway the ATO are seeing an increase in reports of email scams that try to steal personal information. Scammers pretending to be from the ‘myGov customer care team’ are sending emails that include screen shots of the...

To assist in collating the information for your personal Income Tax Return for the 2021 financial year, the following link provides a checklist of items to consider prior to attending your appointment or forwarding your taxation information to our office. BQK Individual Tax Return Checklist

A reminder to our clients who are required to remit super guarantee (SG) for their employees, that on 1 July 2021, the SG rate will increase from 9.5% to 10%. For payments of salaries and/or wages on or after 1...