AM ADVISORY. in Parramatta, New South Wales | Business consultant

AM ADVISORY.

Locality: Parramatta, New South Wales

Phone: +61 2 7801 4839

Address: Suite 6, Level 3,410 Church Street Entry VIA Ross Street Parramatta NSW 2150 Parramatta, NSW, Australia

Website: http://www.amadvisory.com.au/

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20.01.2022 CLIENT # 19: SOVIT & SUBASH (MULTI-UNIT FRANCHISE OWNERS, NSW) Thank you, Sovit & Subash, for being with our firm, as our valued clients, over the past 3 years now! And, thank you for your ongoing trust in our firm to assist you as your business advisor, especially in the areas of business structuring, finance structuring, & business's tax advisory & compliance. SERVICES THAT WE PROVIDE/D TO SOVIT & SUBASH:... Business Finance for a portfolio of 2 BIG Domino’s franchised stores worth over $1.5 Million Business’s Tax planning, strategies & Tax compliance for the overall business. Providing information around the business’s financial performance as input towards periodic decision-making. Organizing home loans for their multiple real-estate properties. Tata D SovitAshish ChokhalMahesh ThapaYogen AdhikariKailash KarkiKC Subash

18.01.2022 Attention: ‘ALL’ our ‘Eligible Business Clients’ The Australian government has now announced the ‘Mandatory Code of Conduct’ around ‘Commercial Tenancy’. The government has recognised ‘Commercial Lease’ cost as one of the other biggest cost that has businesses worrying over the past weeks. The government has now come up with the ‘mandatory code of conduct’ whereby both the parties involved will have to share the burden of cost. So, What’s in it for Tenants (You):... The code will cover commercial tenancies, including retail, office and industrial, and will be eligible for SME tenants with an annual turnover of up to $50 million. - Landlords will be required to reduce rent proportionate to the trading reduction in the tenant’s business caused by the coronavirus pandemic. - Landlords must offer waivers of rent no less than 50%, while the balance must be in the form of a rental deferral. - The payment of the rental deferrals must be amortised over the balance of the lease term and for a period of no less than 24 months, whichever is the greater unless otherwise agreed by the parties. - These SME tenants must also qualify for the government’s JobKeeper program. If you do not then still you can negotiate for a reduction on the basis of a proportionate decline in your revenue. NOTE: Since the matter above has a legal component to it, we strongly advise you to seek professional legal advice from your Solicitors. Ashish ChokhalMahesh ThapaKailash Karki Yogen Adhikari

18.01.2022 IMPORTANT REMINDER! ALL’ our ‘Eligible Business Clients’ ‘Jobkeeper Payment’ enrolment form is now open (from today till the 30th of April). How to Enrol: Please follow the steps that we have previously communicated via email last week. Alternatively, please contact our office.... Ashish ChokhalMahesh ThapaYogen AdhikariKailash Karki

15.01.2022 To ‘ALL’ our Business Clients: Eligibility Criteria for claiming this benefit: - Annual Turnover of less than $50 Million, AND - Employ staff from 1 Jan 2020 to 30 June 2020.... How much do you get? - Depending on how much ‘PAYG Withholding Tax’ you withhold from ‘Salary & Wages’ of your employees, you will get anywhere between $2,000 up to $25,000 from your upcoming MARCH QTR & JUNE QTR BAS. For instance, if your ‘PAYG Withholding Tax’ for MARCH QTR. BAS is $10,000 & for JUNE QTR. BAS $10,500, then the 50% credit that you will get will be $10,250 (calculated as 50% of total of $10,000 + $10,500). PS: Please contact our office should you need further clarification on this matter. (ABOUT: The Australian government has acknowledged that the businesses, SMEs in particular, are currently facing an extremely difficult trading situation. In order to support them, the government has introduced a ‘stimulus package’ in the form of ‘Cash flow assistance’ as one of the measures. There are, however, other measures in place which we will be releasing in upcoming days). Ashish ChokhalMahesh ThapaYogen AdhikariKailash Karki

14.01.2022 3 major implications of choosing ‘Loan Deferral’ option Mahesh ThapaAshish ChokhalYogen AdhikariKailash Karki

13.01.2022 What are our Property Investor clients saying about us !! Mahesh ThapaAshish ChokhalYogen AdhikariKailash Karki

04.01.2022 7 Things: ALL 'MORTGAGE HOLDERS' SHOULD DO IN CURRENT SITUATION Mahesh ThapaAshish ChokhalYogen AdhikariKailash Karki

04.01.2022 ATTENTION: 'ALL' OUR EXISTING ‘BUSINESS CLIENTS’ 2nd STAGE ‘STIMULUS PACKAGE’ ANNOUNCEMENTS (AUGOV): From $17.6 Billion (1st Package) to $105 Billion (2nd Package) - Businesses to get up to $100,000 in tax-free payments representing 100% of employees’ tax withheld money. The same benefit was initially announced to be up to $25,000 only with a max of 50% of employees’ tax withheld money. The minimum amount will be $20,000 which was initially announced to be only $2,000 althoug...h you are not required to withhold tax. In summary, businesses will get anywhere from $20,000 up to $100,000 depending on the size of their employee withholdings. - Businesses will be eligible to get a ‘Cheaper Government Guaranteed’ loan of up to $250,000 for a term of 3 years. The first 6-months will be ‘repayment-free’. Loans will be unsecured, mainly for meeting ‘working capital fund’ needs such as paying Employees, Rent, Stocks, etc. The specific details (nitty-gritty) are yet to be announced at this stage! (The federal government will guarantee 50% of such loans through the participating bank. The $20 billion government guarantee will be able to support lending of $40 billion to these enterprises. The guarantee will cover loans granted within six months, from April 1. It will apply to new or existing customers of banks and non-bank lenders). Eligibility Criteria for Claiming the above benefits: - Annual Turnover of less than $50 Million, AND - Employ staff from 1 Jan 2020 to 30 June 2020. Ashish ChokhalMahesh ThapaKailash KarkiYogen Adhikari

04.01.2022 Example scenario below explains how to unlock equity in your existing property to purchase a new investment property Mahesh ThapaAshish ChokhalKailash KarkiYogen Adhikari

02.01.2022 Attention: ‘ALL’ our ‘Eligible Business Clients’ based in NSW NSW state has announced a new financial support measure in the amount of $10,000, for all those ‘ELIGIBLE’ small businesses that are severely impacted by COVID-19. The purpose of this assistance is to help businesses cover (to some extent) the unavoidable business costs such as utilities, overheads, legal, accounting, and financial advice related costs. To be Eligible, businesses will need to:... - have between 1-19 employees and a turnover of more than $75,000 - a payroll below the NSW Government 2019-20 payroll tax threshold of $900,000 - have an Australian Business Number as at 1 March 2020, be based in NSW and employ staff as at 1 March 2020 - be highly impacted by the Public Health (COVID-19 Restrictions on Gathering and Movement) Order 2020 issued on 30 March 2020 - provide appropriate documentation upon application. How to Apply: The application form will be available on the Service NSW website by 17 April. Please keep checking on their website. Ashish ChokhalMahesh ThapaKailash KarkiYogen Adhikari

01.01.2022 Benefits of Refinancing in current situation. Mahesh ThapaAshish ChokhalYogen AdhikariKailash Karki