IN THIS ISSUE: Why too many super contributions could mean extra tax for you - Explaining the income and the assets tests - Why paying tax now is better than incurring expenses later on - Protecting your finances from the unexpected.
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NewAccess for Small Business Owners is a free and confidential mental health coaching program that uses Low-intensity Cognitive Based Therapy (LiCBT) to recognise the way we think, act and feel. You will have a coach to help you tackle unhelpful thoughts and behaviours, using an individual plan that you develop together.
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If your business has been impacted by COVID-19 there may be funding available for you. Read here for the most up-to-date list of recently announced Government grants available to Victorian businesses, and existing grants still open for applications.
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The High Court of Australia has denied the Insurance Council of Australia’s application to appeal a judgment in the first test case on COVID business interruption claim denials.
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The Victorian Government has announced new cash grants for businesses impacted by the lockdown declared on 15 July 2021.
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Super rates have been stuck at 9.5% per annum since 2014. From July 2021, new legislation states that super payments will increase each year until they reach 12% in 2025.
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