Need a Tax Accountant Who Can Help You Maximise Your COVID-19 Stimulus Package
Hi, I'm Adarsh. I'm here to help your small business get maximum stimulus package benefits ensuring we are keeping your business alive during these difficult times
Adarsh Dutt
Registered Tax AgentÂ
Public Practicing AccountantÂ
Certified Quickbooks ProAdvisor
Virtual CFO AdvisorÂ
"Being a cloud based accounting firm we are able to help more small businesses Australia wide virtually without having to leave your office "
Rated 2019 Top 10 Accounting Consultant of The Year
Maximise Cash Receipts from the Updated Government Stimulus Package
Cash Boost for Business Upto $100k
Up to $100,000 credit or cash payment against activity statements equal to 100% of PAYG withheld from employees from March 2020 to September 2020 Reporting Quarters.
Boosting Cash Flow – Minimum payment of up to $20,000 even if employers aren’t required to withhold tax from employees
Job Keeper Payment of $1500 per fortnight
Subsidy paid to you by the Government of "Job Keeper" $1,500 per fortnight per eligible employee from 1st March 2020 for a maximum of 6 months. This will help you to keep staff and will help you restart when the crisis is over. Its is known as the Government's Business Hibernation Program.
Supporting Apprentices + Trainees $21,000
Wage subsidies of 50% for wages paid up to a maximum of $21,000 per apprentice for the 9 months from 1 January 2020 to 30 September 2020
Instant Asset Write-off $150,000
Up to $150,000 per asset can be instantly written off for assets purchased by 30 June 2020. Applies to businesses with turnover up to $500 million.
Accelerated Depreciation Deductions 50%
Deduction of up to 50% of the cost of an asset in addition to existing depreciation rules.
Unsecured Business Loans Of $250,000
The Government will provide a guarantee of 50 per cent to small and medium enterprise (SME) lenders for new unsecured loans. These loans will be up to three years, with an initial six month repayment holiday and will be in the form of unsecured finance.
How We Can Help You?
The Oyster Hub team are here during these difficult times to support and provide positivity to you and your business! We are in this together and together we will survive...
Working With You Remotely
Do you still think you need to drive to an accountant? We use modern accounting technologies & Video conferencing methods to work faster leveraging our paperless bookkeeping, cloud payroll solutions & rescue tax accounting, to meet all your ATO requirements and lodgment to access your share of the stimulus package faster.Â
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