Federal Budget 2020-2021

For You Personal income tax cuts Date of effect 1 July 2020 As widely predicted, the Government has brought forward stage 2 of its planned income tax cuts by two years. Originally intended to apply from 1 July 2022, the tax cuts will come into effect from 1 July 2020 (subject to the passage of…

JobKeeper 2.0 Updated

From 28 September 2020, the eligibility tests to access JobKeeper for employers changed, along with the amount of the JobKeeper payment for employees and business participants. To receive JobKeeper from 4 January 2021, employers will need to assess their eligibility again. Eligibility for one JobKeeper period does not entitle you to, or exclude you from,…

Covid-19 Business & Personal Checklists

Mitchell Partners are aiming to do everything we can to provide you with all the resources, tools and support you need to navigate the Covid-19 Health Crisis as business owners and as individuals. With this in mind, we have prepared two COVID-19 Checklists (Business and Personal) which outline various actions you can take to ensure you and your business…

time to upgrade your equipment

Federal Government – COVID-19 Business Stimulus Package – Part 2 – $66B Package

Further to the Federal Government’s Part 1 Business Stimulus Package ($17.6B) the Government yesterday announced a further stimulus package referred to here as Business Stimulus Package Part 2 ($66B). These business measures announced yesterday by the Government have been provided to support Australian businesses to manage the cash flow challenges and retain employees as result…