Update to JobKeeper 2.0 and Extension of Fair Work Amendments

JobKeeper 2.0 The ATO has released updated information regarding JobKeeper 2.0. Please click below to view/download JobKeeper 2.0 Extension of Fair Work Amendments If employers are currently using JobKeeper enabled stand-down directions, they will expire 28 September 2020.  The Fair Work amendments have been extended to allow JobKeeper enabled stand-down directions to continue beyond 28…

QLD Small Business COVID-19 Adaption Grant Program Round 2

Round 2 applications open 1 July 2020 The Queensland Government is extending the Small Business COVID-19 Adaption Grant Program. Round 2 offers a grant amount between $2,000 and $10,000 per eligible small or micro business. Grant program objective To provide funding support for small businesses highly impacted by the COVID-19 shutdown restrictions so they may adapt and sustain their…

Your 2020 Tax Planning Solution

The 2019/20 financial year is drawing to a close. Although business restrictions are beginning to ease, many of our clients continue to face difficult circumstances. Looking ahead, P+Y can support business recovery through tax planning, cash flow forecasting and business monitoring. Now is the time to consider the first step: tax planning. As you are…

Urgent Action for Employers: Annualised wages arrangements

Changes to Fair Work rules, coming into effect this week, will impact most, if not all, employers. Fair Work’s annualised wages arrangements impose new record-keeping obligations on employers, including the requirement to keep a daily record of start times, breaks and finish times for all employees. All P+Y clients who employ staff are requested to review the new…