IMPORTANT COVID-19 ANNOUNCEMENTS
Hardship Grant
The Victorian Government recently released the guidelines and application process for the Small Business COVID Hardship Grant.
Businesses who received the previous "Business Costs Assistance Program" grant will automatically receive the further amounts under that program.
The Hardship Grant had been created to provide support for businesses that were ineligible for the "Assistance Program". The businesses who missed out were typically not in the designated ANZIC codes.
The Hardship Grant is available to:
- a business located in Victoria, and
- directly impacted by COVID-19 restrictions, since 17 May 2021, and
- experienced a 70% reduction in turnover, and
- have an annual Victorian payroll of up to $10m in 2019-20, and
- be registered for GST as of 28 July 2021
- (see guidelines and application form for the full eligibility requirements)
While the Hardship grant will apply to more business i.e those impacted by COVID in any industry, it does not apply if you are NOT registered for GST.
Any Victorian business entity that is not registered for GST misses out again.
Any soletrader (individual) in Victoria not registered for GST should apply for the Services Australia Disaster Payment.
Any working owner of a business entity should consider their eligibility for the Disaster Payment.
If you would like us to assist you with this application please get in touch with us.
ATO Jobkeeper Stimulus - 21st April 2020
Please click here to read our important notice. Watch ATO Video
COVID-19 relief - 15th April 2020
Please click here to read our important notice.
SME Commercial Leasing Principles During COVID-19
Please click here to read our important notice.
Australian Government – Jobkeeper Payment for Employers - 31st March 2020
Please find below a link to the official government information fact sheet for the latest JobKeeper payment for Employers.
Link to Fact Sheet
Corona (COVID 19) Virus update - 26th March 2020
Dear Valued Client, please peruse the following recent updates and read the section that applies to you. If you require any further clarification or would like to discuss further please contact our office.
Please click here to read our important notice.
Corona (COVID 19) Virus update - 24th March 2020
Please click here to read our important notice.
ABOUT US AND OUR SERVICES
Grinwald, Beed and Associates were established in 1986, and are focused on providing professional services that reduce the time and stress associated with your business and personal financial obligations.
We pride ourselves on the range of services we are able to provide, and enjoy working with a wide variety of clients across many industries.
GET IN TOUCH WITH US
259 Hawthorn Rd, Caulfield North,
Melbourne, VIC 3161
P: (03) 9528 3177
F: (03) 9528 4177
We have a team of committed and dedicated accountants, auditors, bookkeepers and administration staff all ready to support you in every step of your financial decision-making.
With a vested interest in the success of our clients, it is our duty to provide the most updated financial information and direction. Our firm’s reputation is a valued asset to us and we aspire to continue the growth of our business and its name.
We have an intimate and committed relationship with our older clients, and many have been with us since we first opened our doors in 1986. We are also committed to building a trusting and lasting relationship with our newly acquired clients at whatever age or financial stage they are at in their lives.
ACCOUNTING FOR BUSINESS
BUSINESS SERVICES
Allow us to assist your business with: Accounting, Bookkeeping, Cashflow Forecasting, Financial Planning, Portfolio Management, Risk Management and much more.
TAX AND AUDIT
Our team can assist your business with: Audits, GST, Taxation Issues, Fringe Benefits Tax, Capital Gains Tax, and any other needs you may have in this area of your business.
SPECIALTY
SERVICES
We also provide services that fall outside the everyday needs of most businesses. From real estate enquiries, to selling your business, to trusts and beyond. Whatever you need, we can help.
SELF-MANAGED SUPERANNUATION FUNDS
Let us assist you in becoming a trustee of your own SMSF. We provide comprehensive accounting, investment and financial advice and support to help manage your retirement savings with an SMSF. We explain how an SMSF can provide significant benefits in retirement.
ACCOUNTING FOR INDIVIDUALS
Our experienced team can assist you with a variety of issues and help with the management of your individual tax obligations. With clear advice that is tailored to your goals, we help make complex issues easy to understand.
BOOKKEEPING SERVICES
Allow us to free up your valuable time and build confidence in your financial position with our bookkeeping services. We can also manage your invoicing, prepare and lodge your BAS, prepare your payroll, and more.
LATEST NEWS
July 2018
How will Single Touch Payroll affect you?
The ATO is changing the way employees will receive their payroll and superannuation data and all employers need to understand how these new obligations may affect you.
Read the full articleJuly 2018
Property market update: June 2018
National prices for eight capital cities have declined by 0.2% in May. This follows on from a 0.3% decline in April mostly due to softening in the Sydney and Melbourne markets.
Read the full articleJuly 2018
If changing banks was easier would you switch?
A new study has found that the Banking Royal Commission is having a major impact with 1 in 3 people considering switching their banking institution.
Read the full articleJuly 2018
Identifying positive cash flow properties using Vacancy Rate research
Vacancy rates are one of the major factors that drive yield for an investment property.
Read the full articleJuly 2018
RBA continues to keep interest rates on hold, but for how long?
In recent times there has been more and more confidence in the next move from the RBA to move interest rates up.
Read the full articleJuly 2018
Work related expenses and avoiding common tax return issues
While many may see recently issued ATO advice as re-stating the obvious, it does of course ring true when it says that lodging returns with incorrect or incomplete information will delay processing.
Read the full article
259 Hawthorn Rd, Caulfield North,
Melbourne, VIC 3161
P: (03) 9528 3177
F: (03) 9528 4177
