Accountants in Melbourne - Accounts NextGen

Accounting and Taxation Submission Links for Australia

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List of 7 things that you didn’t know your accountant can do

Accountants play a very important role in running a business. But most of the people look at accountants in a very limited way. Accountants have a lot of diverse works to do for your industry. In this blog, we are going to discuss the additional things that an accountant can do for you. After completing this blog, you will come out of your general perception of accountants and tax accountants . Take a look at the list of additional works that your accountant can do: 1. They can listen and support you regarding your business: - While you are engaged in your business, there is very little chance that you are going to get proper advice from someone. Because there are circumstances when your business does not run so smoothly. At this point in time, your accountant can give you the most valuable advice to get your business back on track. No one other than an accountant can know more about your business other than accoun...

JobKeeper to continue for eligible businesses until March - Accounts NextGen

The Australian Prime Minister Scott Morrison gave a lifeline to the small businesses by continuing the JobKeeper scheme for the eligible businesses until March 2021. Due to the COVID-19 crisis, this unemployment benefit scheme is extended for six months. This critical decision came into existence two days before the Treasurer Josh Frydenberg delivered the federal budget. The job keepers can slate better with this extension until March 2021 to better support their business. However, the tax accountants in Melbourne are of the view that this subsidy scheme will now be established as a two-tier payment mode scheme. This scheme was reframed with some extensions, tightened eligibility, and pay cuts. What Changes You Will See in This Newly Extended JobKeeper Scheme? ● The second phase of this scheme will run until 28 March 2021. ● The scheme will be reframing and based upon the hours and has a t...

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