Cadenze Partners in Sydney, Australia | Business service

Cadenze Partners

Locality: Sydney, Australia

Phone: +61 2 8859 0500

Address: Level 12, 37 York Street 2000 Sydney, NSW, Australia

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

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• Business service
• Tax preparation service
• Accountant

20.01.2022 WHAT YOU NEED TO KNOW NSW GOVERNMENT STIMULUS PACKAGE A $2.3 billion coronavirus stimulus package to boost health funding and provide payroll tax exemptions fo...r businesses has been announced by the NSW Government. The main points are:- $1.6 billion has been allocated by the government to stimulate the economy during the crisis and will help people keep their jobs To double capacity of intensive care units statewide the NSW Health will receive $700 million To employ more cleaners for state-owned buildings and public schools the government has allocated $250 million The $1.6 million to stimulate the economy will include $450 million towards waiving payroll tax for 3 months for businesses who have payrolls of up to $10 million and would not have to pay the tax for the rest of this financial year. Whilst it is not clear it is expected that the payroll tax exemptions will be applied automatically. The State Government has also announced the next round of payroll tax cut will increase the threshold limit to $1 million for the 2020 -21 financial year. The State Government also announced $80 million for waived fees and charges for small business such as cafes, restaurants and those in trade.

19.01.2022 For millions of Australians and businesses large and small, JobKeeper 2.0 is a big relief. Employers will need to reassess their eligibility with changes to the payments and hours from 28 Sep. Here is a simple guide from our governing body CAANZ.. Let us know if we can assist you in any way #jobkeeper #covid19 Chartered Accountants Australia and New Zealand

18.01.2022 JobKeeper: Were here to help you! The application process for the governments JobKeeper payments will be open on Monday 20 April, with a deadline to get payment for April's payroll closing 26 April. The team at Cadenze Partners are here to help you through this, and assist you with any questions you may have. ... Here's hoping the ATO systems can cope! #taxadvice #accounting #businesstax #covid19 #ato #businessadvisory #businessportal #taxportal

17.01.2022 $1,500 JobKeeper subsidy to keep staff employed From 30 March 2020 for six months for employees employed at and from 1 March 2020. First payments in first week of May 2020 A subsidy of $1,500 per fortnight per employee, administered by the ATO, will be paid to businesses that have experienced a downturn of more than 30% (50% for businesses over $1bn).... We recommend businesses should consider taking action as soon as practicable as certain incentives in the various economic packages will only be available for a short period of time. Don't hesitate to contact us for assistance with navigating the Australian Governments economic stimulus packages and determining your eligibility for the tax and business measures, we are here to help in these challenging times.

13.01.2022 The Stimulus Package: What You Need To Know The Government has announced a $17.6 billion investment package to support the economy as we brace for the impact of the coronavirus. The yet to be legislated four-part package focuses on business investment, sustaining employ...ers and driving cash into the economy. For business 1. Business investment Increase and extension of the instant asset write-off to $150,000 for businesses with a turnover of up to $500 million Accelerated depreciation deductions 2. Cash flow assistance for small and medium sized business Tax-free payments up to $25,000 for employers Wage subsidy of up to 50% of an apprentice or trainee wage 3. Targeted support for severely affected sectors, regions and communities For individuals 4. Household stimulus payments to drive cash into the economy Tax-free $750 payment to social welfare recipients Duncan, Kelly and the team at Cadenze are ready to discuss this in more detail as to how it might affect your business and/or your personal financial position and to work through solutions of how to manage the challenges that may arise from the impact of the coronavirus.

11.01.2022 Happy Friday from the Cadenze Team! As the week comes to a close we are very happy to announce that several clients have received their JobKeeper Payments already, so keep an eye on your bank account. It has been a monumental task by all involved - our team, clients, government and the ATO but to see money flowing this fast is a big relief to so many.

06.01.2022 Cadenze Team Zoom drinks catch up before JobKeeper craziness of next week - registrations open Monday!

05.01.2022 Shut Down - What Relief is Available from Banks and Government: What You Need To Know...... A lot has happened in a week and as non-essential businesses go into lock-down we wanted to update you on what help and assistance is being offered by government and banks. Our team will be finishing in the office today however we will be working from home and will be here to help you in these troubling times. Support for Business... 1. Boosting Cash Flow for Employers 2. Banking Relief 3. Support for immediate cash flow needs for SMEs 4. Temporary Relief for financially distressed business 5. Increasing the asset write off 6. Backing business investment 7. Supporting apprentices and trainees 8. Payroll Tax Relief and other State Incentives Support for Individuals and Households 1. Income support for individuals 2. Payments to support households 3. Temporary early release of superannuation 4. Temporarily reducing superannuation minimum drawdown rates 5. Reducing social security deeming rates For more details check out our website or if you would like to discuss further with Duncan, Kelly and the team please give us a call

04.01.2022 7 days and counting to EOFY! Contact Cadenze Partners if you have any last minute questions regarding tax planning, superannuation, instant asset write offs, government grants, the list is endless...

03.01.2022 JobKeeper: We’re here to help you! The application process for the governments JobKeeper payments will be open on Monday 20 April, with a deadline to get payment for April's payroll closing 26 April. The team at Cadenze Partners are here to help you through this, and assist you with any questions you may have. ... Here's hoping the ATO systems can cope! #taxadvice #accounting #businesstax #covid19 #ato #businessadvisory #businessportal #taxportal

02.01.2022 Small Businesses battling COVID-19 can apply for $10,000 grant plus other States support packages A new assistance scheme providing grants of up to $10,000 has been announced by the NSW Premier, Treasurer and Minister for Finance and Small Business for struggling small businesses across NSW. This grant applies to NSW small businesses impacted by the public health orders to restrict social gathering and movement to cover unavoidable costs such as utilities, overheads, legal c...osts and financial advice. To be eligible for the grants, your business must: Have between 1 and 19 employees and a turnover of more than $75,000 Payroll below $900,000 (the NSW Government 2019-20 payroll tax threshold) Have an ABN 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. Highly impacted industries include: o Retail trade o Accommodation and food services o Rental, hiring and real estate services o Administrative and support services o Arts and recreation services. o Use the funding for unavoidable business costs The Grant Application form and requirements are proposed to be available on the Service NSW website by 17 April 2020 until 1 June 2020.

02.01.2022 And the new name goes up!!!