Supporting Businesses To Retain Jobs (JobKeeper Payment) OnVenture welcomes the Australian Government’s JobKeeper initiative to subsidise the wages costs of businesses who’s revenue has been significantly affected by the Coronavirus crisis but continue to operate and as to keep otherwise stood down employees connected with their employers in the case of shutdowns. The Australian Government […]
COVID-19 – Temporary Relief For Financially Distressed Businesses
Temporary Relief For Financially Distressed Businesses OnVenture welcomes the Australian Government’s stimulus package to introduce financial stimulus measures for business which has now passed through parliment and includes temporary relief for financially distressed businesses. While we all do our best to stay resiliant through this Coronavirus crisis we also need to be realistic about […]
COVID-19 – Temporary Early Access To Superannuation
Temporary Early Access To Superannuation OnVenture welcomes the Australian Government’s stimulus package to introduce financial stimulus measures for business and individuals which has now passed through parliament and includes early access to superannuation. The Government is providing support for individuals to assist them during the next six months. We highly recommend those who are […]
COVID-19 – Income Support For Individuals
Income Support For Individuals OnVenture welcomes the Australian Government’s stimulus package to introduce financial stimulus measures for business and individuals which has now passed through parliment and includes income support for individuals. The Australian Government is providing support for individuals to assist them during the next six months. The following is what I found […]
COVID-19 – Boosting Cash Flow For Employers
Boosting Cash Flow For Employers OnVenture welcomes the Australian Government’s stimulus package to introduce financial stimulus measures for business which has now passed through parliment including the boosting cash flow for employers’ grants. While we all do our best to stay resiliant through this Coronavirus crisis we also need to be realistic about how effective […]
Super Guarantee Amnesty Is Here – Last Chance!
Super Guarantee Amnesty Is Here – Last Chance! The Government has finally brought the (SG) Super Guarantee Amnesty for employers to fruition. Now that single Touch Payroll (STP) has increased the level of transparency around when employers make SG contributions on behalf of employees it’s an opportune time for employers to make good any outstanding […]
COVID-19 – Investment Incentives
Investment Incentives For Business OnVenture welcomes the Australian Government’s stimulus package to introduce financial stimulus measures for business which has now passed through parliment including these investment incentives. While we all do our best to stay resiliant through this Coronavirus crisis we also need to be realistic about how effective these measures will be given […]
Tax Time 2019
- OnVenture Pty Ltd
- Tax
Its time again to get your 2019 tax return into the ATO and gain access to your tax refund! Its kind of exciting isn’t it? With the new low to medium income tax offsets of up to $1080.00 per tax payer just passing into legislation and the introduction of STP (Single Touch Payroll) for all […]
7 step checklist for your business this new financial year
- business.gov.au
- Money, Productivity, Tax
1. Assess your finances Sit down with your accountant or bookkeeper and review your business finances. Look at whether you met your targets last financial year and what you can do differently this year to help your business grow. 2. Check your registrations and licences Your business operations may have changed throughout the year, so […]
Tax deductions for small business owners
Tax time is fast approaching—it’s important to do your homework and know exactly what tax deductions you can claim. What can a business claim as a deduction on your tax return? You can claim a deduction for most expenses you incur to run your business, as long as they directly relate to how you earn […]