Tuesday 26 May 2020

ENSURE YOU CLAIM YOUR SUPERANNUATION CONTRIBUTIONS FOR THE 2019-20 YEAR



Super payments are only considered to be paid for the purpose of claiming a tax deduction once they are received by the superannuation fund, not the date they are accepted by the Small Business Superannuation Clearing House (SBSCH).

To ensure you claim a deduction for the 2019-20 income year superannuation funds need to receive your employees’ super funds before 30 June 2020. Therefore payments need to be accepted by the SBSCH by 23 June 2020.

See below for link which explains this in more details:



Please contact our office on (03) 5427 8100 to discuss further.

We provide accounting and wealth management services to clients in WoodendGisborne and Macedon Ranges areas within Victoria Australia.  

Monday 25 May 2020

HAVE YOU CONSIDERED THE ALTERNATIVE TEST FOR THE JOBKEEPER PROGRAM?


If your business was not eligible for the Job Keeper program under the Basic Test there is an Alternative test for entities with different circumstances. As an example these circumstances may apply where you have purchased a new business, had irregular turnover, recently commenced business or even where the sole trader or small partnership has been effected by sickness, injury or leave.

If you would like to discuss further please call our office as soon as possible as the Job Keeper program enrolment closes on 31 May 2020.


We have listed a link below with more information:


Tuesday 19 May 2020

VICTORIAN BUSINESS SUPPORT FUND GRANTS EXPANDED




The Victorian Business Support Fund $10,000 Grants have been expanded to include more businesses.  Applications close on 1 June 2020.

If your business employs people, has a turnover that is greater than $75,000 and payroll is less than $650,000 then your Business may be eligible to apply.

Read more on the eligibility criteria link below:



Please contact Andrew Marshall or Janine Orpwood at Langley McKimmie Chartered Accountants on (03) 5427 8100 to discuss further.

We provide accounting and wealth management services to clients in WoodendGisborne and Macedon Ranges areas within Victoria Australia.