Commercial landlords in New South Wales will now be required to offer rental relief to tenants with an annual turnover less than $50 million under an extended state support scheme.

NSW Extends Commercial Tenancy Relief

Commercial landlords in New South Wales will now be required to offer rental relief to tenants with an annual turnover less than $50 million under an extended state support scheme. The NSW government last week announced the reintroduction of national cabinet’s Mandatory Code of Conduct for Commercial Leasing, which will mandate rent relief for eligible…
Acting Victorian Premier James Merlino on Wednesday announced extended support for the state’s small and medium-sized business

Victoria Doubles Business Support Package

Government weighs up federal support as Victoria doubles business support package. The Victorian government will allocate a further $209.3 million to support the state’s small businesses through an extended lockdown as the Morrison government hints at federal support on Thursday. Acting Victorian Premier James Merlino on Wednesday announced extended support for the state’s small and…
Gladys Berijiklian NSW Government

NSW Announces $24m Innovation and Research Program

The Berejiklian government will offer small and medium-sized businesses up to $24 million in grants over two years to commercialise solutions for the government’s agencies. The NSW government on Tuesday announced its Small Business Innovation Research (SBIR) program, a scheme geared toward encouraging small and medium-sized businesses to solve government initiatives related to five of…
Closed Victorian Business Due to Corona Virus

Victoria Announces $250m Targeted Business Support Package

While Victoria’s $250 million business support package will offer welcomed reprieve to some businesses facing extreme uncertainty after the state entered its fourth lockdown last week, others think the package is light on detail, and is unlikely to cover the losses suffered. Victorian acting premier James Merlino on Sunday revealed a $250 million targeted business…
The 2021 Hunter Innovation Festival is back with a bang!

Proud Sponsors of the 2021 Hunter Innovation Festival

The 2021 Hunter Innovation Festival is back with a BANG! The Garis Group are proudly sponsoring the 2021 Hunter Innovation Festival brought to you by Hunter iF, and Festival Partner 2021, the City of Newcastle. Kicking off on Monday 3rd of May, until Sunday the 16th, with this year’s festival theme being ‘Innovate to Regenerate.’…
‘Increase the rate, broaden the base’: Looking at GST 20 years on

Looking at GST 20 years on: ‘Increase the rate, broaden the base’

Consumption tax should be raised to 20 per cent or broadened to cover a wider base, says tax experts as debate over the GST rages on. At a tax reform conference hosted by the Blueprint Institute in Sydney on Monday, a panel of tax experts each had varying suggestions to government on the ways the…
The ATO has clarified the tax treatment of JobKeeper payments handed back to the Government.

Tax Treatment of JobKeeper Payments Handed Back to ATO

The ATO has clarified the tax treatment of JobKeeper payments handed back to the Government. The clarification comes after the Super Retail Group, Dominos Pizza and Toyota collectively returned more than $20 million in JobKeeper payments after reporting exceptional trading results. Where a business has handed back JobKeeper despite qualifying for the payments, the ATO…
The Final Stage of JobKeeper and How to Access It

The Final Stage of JobKeeper & How to Access It

The impact of COVID-19 has been felt very differently from region to region. Fortunes vary wildly between business operators subject to ongoing lockdowns and trading impediments to those benefiting from the “new normal”. For those severely impacted by COVID-19, JobKeeper might be available. The third and final phase of JobKeeper started on 4 January and…
ATO reveals STP reporting options for closely held payees

ATO Reveals STP Reporting Options for Closely Held Payees

Employers with closely held payees will now have three options to report payments through Single Touch Payroll, following guidance from the ATO. The ATO has confirmed that STP reporting for closely held payees will commence from 1 July, after it had granted these employers a one-year exemption in the midst of the pandemic last year.…
Menu