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Insurance broker’s bookkeeping now a breeze

Insurance broker now has peace of mind knowing that Notch Above’s bookkeeping processes produce accurate monthly data which is available to her whenever she needs it. It not only helps her in her business decision-making but it also makes for easy end-of-financial-year processing.
JobKeeper2020 Notch Above Bookkeeping

JobKeeper is changing

It’s good to hear JobKeeper has been extended, with some notable changes. We’ve tried to capture what’s new with the wage-subsidy program in this article.

JobKeeper audits underway

Imagine going through the rigmarole to apply for JobKeeper when COVID-19 restrictions were rife, only to find your application rejected months later by Tax Office auditors. That is what happened to one small business who took a DIY approach to their JobKeeper application.
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Extension of the JobKeeper Payment

The Government is extending the JobKeeper Payment by a further six months to March 2021. Support will be targeted to businesses and not-for-profits that continue to be significantly impacted by the Coronavirus.
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Deadline for JobKeeper is extended

If you’re an Australian business applying for JobKeeper, the window to enrol for the subsidy payments from end-March has been extended. You now have an extra month, as the ATO has set a deadline of 31 May.
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Superannuation guarantee amnesty

This SG Amnesty law change provides a number of incentives for employers to pay any unpaid historical superannuation guarantee (SG) amounts relating to the period 1 July 1992 to 31 March 2018.
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JobKeeper Enrolments Start Monday 20 April

JobKeeper Enrolments will start on Monday and be open for two weeks for the first payment period. There is a step-by-step process to follow for this scheme which we can do for you to allow you to continue focusing on your business.
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JobKeeper – Waiting on Release of Further Details

As you probably are aware the Bill has been passed but as yet we do not have any further details. We believe this information will be released shortly and as soon as we know more can let you know.

Coronavirus Jobkeeper Payment

The Government has announced a $130 billion JobKeeper payment to help keep more Australians in jobs and support businesses affected by the significant economic impact caused by the Coronavirus.