Newsletters
December and summer are finally here, along with a renewed sense of optimism that strict lockdown measures will ease by Christmas. It's been a tough year, but once again Victorians have proved extremely resilient. Throughout 2020 our team at SY Group...
In what has been billed as one of the most important budgets since the Great Depression, and the first since the onset of the COVID-19 pandemic dragged Australia into its first recession in almost 30 years....
SY Group - Spring Newsletter
It’s September and spring is finally here. This is always a wonderful time to get out in the garden or in nature, on foot or on your bike, even if travel restrictions mean we need to stay closer to home this year....
SY Group - JobKeeper Update : Extension announcement
The Government has announced its JobKeeper Payment scheme will continue for a further six months, extending payments until March 2021, to support businesses, the self-employed and charities significantly impacted by the Coronavirus pandemic.
SY Group - Winter Newsletter & EOFY 2020 guide
Winter is here and we are almost to the end of another financial year. And what a year it has been! With so many Australians impacted by fires, floods, drought and now COVID-19, let's hope the new financial year .......
SY Group update - JobKeeper monthly business declaration reporting
If you have registered for JobKeeper and met the income qualifications in April, it is time to prepare your May revenue reporting. The value of your revenue will not impact your eligibility, for example if your business increased...
SY Group - Is your SMSF ready for EOFY?
With the end of the 2020 financial year fast approaching, now is the perfect time to ensure everything is in place for your SMSF before 30 June. The following are some superannuation strategies..
SY Group - Autumn 2020 newsletter
Welcome to our May newsletter. After an extraordinary month of social and economic hibernation, there are positive signs that some of the restrictions on our everyday lives will soon ....
SY Group - Sole Trader JobKeeper Alert
Sole Traders who report a reduction ( or forecasted reduction) in turnover by 30% will receive $1,500 per fortnight, provided they are not a nominated business participant of another business.
SY Group - Your guide to prepare for JobKeeper payments
The ATO are preparing to initiate payments for the JobKeeper program. Each applicant will need to follow a number of processes which we have outlined in this article...
SY Group - JobKeeper Update
Government passed supporting legislation on April 8, 2020 to finalise the JobKeeper Payment scheme. The Government seeks to keep eligible businesses and their employees connected, with a.....
Government announce a Rental Code
Government announces a mandatory code for SME's to receive rent relief. Scott Morrison has unveiled a mandatory Code of Conduct to implement a set of "good faith"...
Superannuation Measures
There are some important superannuation measures that you should be aware of: Temporarily reduce superannuation minimum drawdown rates. The Government is temporarily reducing superannuation...
Stimulus Package Updates
The team at SY Group are digesting the Governments recent stimulus updates. This article provides a snapshot and our team are continuing to research the intricacies of each announcement...
Our Response to COVID-19
In response to unprecedented social and economical changes, SY Group has implemented a contingency plan to ensure the evolving COVID-19 situation does not impact our ability to provide...
Autumn Update
After an unprecedented summer of bushfires, we hope that Autumn brings cooler temperatures and soaking rain for all those who have been affected. Data released in February give an early...
Christmas 2019
December is here which marks the official start to summer. Unfortunately, the bush fire season is already underway. We would like to take this opportunity to express our heartfelt thank...
Spring Update
It’s September and spring is in the air. It’s time to shake off the winter cobwebs, get out into the garden or the great outdoors. It’s also a good time to plan your summer break...
The ATO and myGov communication
The ATO has begun directing communications through existing myGov accounts and as Single Touch Payroll has rolled out, clients who are employees access their income statements...
Winter Newsletter
All eyes were on interest rates and the ongoing US-China trade war in June. In Australia, the Reserve Bank cut its official cash rate by 25 basis points to an historic low of 1.00% with...
June 2019 Newsletter
The end of the election uncertainty and the investor-friendly policies of the Coalition produced a relief rally on financial markets. The Australian dollar bounced back above US69c on...