Build your financial security with OBT Financial Group – Lockyer Valley’s Business of the Year 2015 and specialist financial advisers to individuals, business owners and farming families on accounting, tax, business advice and wealth planning for over 30 years.
If you work from home right now, remember to keep records and receipts for your home office expenses, along with a record of the hours you work from home. Keeping good records now will help to get your deductions right at tax time. The ATO has a PDF poster you can download to help understand what you can claim.
QRIDA Jobs Support Loan
QRIDA Jobs Support Loans are available for businesses in operation before 1 July 2017 and still in operation now, or businesses that have shut down or suffered a loss of income due to COVID-19 subject to eligibility criteria.
Government JobKeeper Payments
Under the JobKeeper Payment, businesses impacted by the Coronavirus will be able to access a subsidy from the Government to continue paying their employees. The JobKeeper payment will be administered by the ATO, and will be paid to businesses that have experienced a downturn of more than 30% (50% for businesses over $1bn).
Government’s Stimulus Package in response to COVID-19
To help you gain a better understanding of the government stimulus measures that you may be able to access, we have summarised the key developments as they stand so far.
Self-employed? Don’t leave your business at risk
Self employed? What would you do if you became sick or injured and were unable to keep your business running?
Investment strategies for your super
Read how being actively involved in how and where your super is invested, could make a real difference to your retirement savings over the long-term.
How to manage anchoring bias
Anchoring is one of many behavioural heuristics or biases that can inhibit investor returns. Whether you are investing on your own behalf, or consult a financial advisor, we hope the examples and suggestions here help in your decision making process.
Meet new OBT Bookkeeper Chell
Honing her skills on a range of roles, first starting in her hometown of Perth, Chell eventually made her way to the Sunshine State. By then she had been bitten by the bookkeeping bug and was hooked. Chell has now become a valuable pair of hands on OBT’s Bookkeeping Team.
Autumn economic outlook
In Australia, economic growth in the September 2019 quarter remained weak with annual growth at 1.7% in the Autumn 2020 economic outlook.
The Power of Price
Understanding how a customer or prospect VALUES your service is critical to getting pricing correct. This article details an approach to understanding value and various other important factors to grow the profitability of your business.
