Moore Stephens Australia: Helping you withstand disruption.
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Source: The Australian Financial Review, 2018 Top 100 Accounting Firms
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COVID-19 is impacting us all. This article provides clarity on the financial reporting implications of the virus for reporting periods ending on or after 31 December 2019.
The Jobs Rescue and Recovery plan's Business Hardship Package is the latest initiative to help Northern Territory (NT) businesses that have experienced significant hardship as a result of the coronavirus (COVID-19) pandemic. Support is available to Territory businesses with a turnover less than $50 million who can demonstrate a reduction of turnover of 30% or more due to coronavirus (COVID-19).
Now more than even it’s important we show and demonstrate our support for local businesses and seriously consider the importance of ‘Australian made’ and changing the conscious choices we have made that have impacted our economy by rebuilding our manufacturing capability.
Does your business talk the innovative talk but struggle to walk it? If so, it could be that you don’t have enough Intrapreneurs in your organisation. And even if you have them you might not know who they are or what to do with them.
Thinking of listing on the Australian Stock Exchange? Learn more about the comparison between Reverse Take Over and Initial Public Offering by downloading our brochure.
Employees working from home due to COVID-19? With an increased number of employees working from home in the face of the coronavirus pandemic, home office expense claims are expected to rise significantly for the 2020 tax year. If employees are required to work from home, they may be able to claim a tax deduction for expenses they necessarily incur related to performing their work duties.