Carry-forward contributions: the new rules for additional super contributions

Understand how these new super laws can be part of your new tax minimisation strategy New super laws kicked off in July 2020 that changed super accounting rules in Australia. These are known as carry-forward contributions. In this blog, we discuss what they are, and what they mean for your superannuation. What are carry-forward contributions? Carry-forward concessional contributions have previously been known under a different name: catch-up contributions. First announced in

The Victorian Government’s Commercial Landlord Hardship Fund 3

Commercial landlords who are experiencing hardship as a result of having to waive rent for their tenant (or tenants) can now apply for a grant of up to $6,000, for each eligible tenancy, from the Victorian Government. The grant will be equal to the dollar amount of rent waived under the Commercial Tenancy Relief Scheme, between the 28th of July 2021 and 15th of January 2022, to a maximum of $6,000 per eligible tenancy. For landlords who are undergoing acute financial hardship

Business Support Fund - Third Round of Business Support Fund Grants from Victorian Government

$10,000 to $20,000 grants to support businesses The Victorian Government has announced a third round of the Business Support Fund to provide direct financial support to businesses impacted by restrictions in Victoria. Grant applications open on Friday 18 September 2020. The amount of grants available from this program range from $10,000 to $20,000 depending on the business’ annual payroll. To be eligible for a grant from this program, applicants must: operate a business locat