Shannon Smit, Founder & Managing director of Smart Business Solutions. Shannon is extremely well positioned to provide an easy to understand summary of the packages through her position on the Australian Governments Board of Tax Advisory Panel. Over the past week, Shannon has been actively involved with the Board of Tax and Treasury to provide feedback on the economic stimulus options and the small business taxpayers that fall through the cracks in being eligible.
WEBINAR SUMMARY: Shannon will cover the following topics:
✅ What can you access from the stimulus packages (Federal & State Govt) and how?
✅ What are the banks doing?
✅ What should you be doing now to save your business and your employees’ jobs
✅ Business continuity planning measures and action items for consideration
IMPORTANT Please note - this was current as at March 27th. Since this webinar we have received more clarity on the business owners who receive distributions and dividends from their trusts and companies respectively. Unfortunately characterisation of these payments is NOT possible. Treasury has updated their advice on the website. PLEASE CONSULT YOUR ACCOUNTANT before making any decisions on this. Thanks!
Minimum wage increases by 1.75% plus changes to Paid Parental Leave for the self employed.
Will the Prime Minister’s targeted $250 million package of funding to support cultural and creative projects and initiatives save the industry?
Two major Australian Taxation Office (ATO) initiatives are searching out fraud and schemes designed to take advantage of the Government’s Coronavirus Economic Response Package.