Colleen Hennequin & Associates in Beaconsfield, Victoria, Australia | Business service

Colleen Hennequin & Associates

Locality: Beaconsfield, Victoria, Australia

Phone: +61 3 9769 3840

Address: 27-33 Woods St Shop 8 3807 Beaconsfield, VIC, Australia

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

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• Business service
• Accountant

25.01.2022 https://www.pm.gov.au//130-billion-jobkeeper-payment-keep-

24.01.2022 Tax time will be a little different this year Due to covid-19 restrictions tax appointments will now be conducted by telephone Our Saturday and After Hour appointments will book up quickly so if you want a particular time or day get in contact with our office soon! We thank all our clients for their understanding during these changes and look forward to speaking with you all soon

24.01.2022 We hope you are all keeping safe during the lockdown!We are all working from the comfort of our homes right now. You can still call the office or email us if you need any assistance

24.01.2022 Colleen's new puppy was a big hit with our clients today. One even tried to smuggle him out!

23.01.2022 We couldn't be more excited for Shea and the team at Eden Racing with their huge start to the racing season. We love seeing our clients succeed!!

22.01.2022 Staff meetings look a lot different these days

21.01.2022 Our office will be closed Monday and Tuesday and reopen Wednesday 27th. Have a safe and fun long weekend

17.01.2022 10 years ago today my daughter Chloe Moody started working for me. Many people including Gino Hennequin said it would end in tears. Quite the opposite, we have ...grown the business so much that we had to buy extra premises and employ 5 more staff! Chloe is now a qualified accountant and is managing the business! See more

17.01.2022 Early access to superannuation If you are accessing your super early due to Covid 19 related financial hardship PLEASE check your bank details The ATO may use past bank details that are in their system and this will cause a delay in getting your money

17.01.2022 Income support partner pay income test Over the next six months the Government is temporarily expanding access to income support payments and establishing a Coronavirus Supplement of $550 per fortnight. JobSeeker Payment is subject to a partner income test, and today the Government is temporarily relaxing the partner income test to ensure that an eligible person can receive the JobSeeker Payment, and associated Coronavirus Supplement, providing their partner earns less than $3,068 per fortnight, around $79,762 per annum.

16.01.2022 We’re working so very hard to get all the Jobkeeper registrations lodged and the Tax Office breaks down

12.01.2022 Businesses without employees Businesses without employees, such as the self-employed, can register their interest in applying for JobKeeper Payment via ato.gov.au from 30 March 2020. Businesses without employees will need to provide an ABN for their business, nominate an individual to receive the payment and provide that individual’s Tax File Number and provide a declaration as to recent business activity. People who are self-employed will need to provide a monthly update to ...the ATO to declare their continued eligibility for the payments. Payment will be made monthly to the individual’s bank account. Further details for the self-employed will be provided on ato.gov.au See more

11.01.2022 Job keeper payment example Employer affected by Covid-19 with multiple employees Adam owns a business whose turnover has declined by more than 30% as a result of the downturn due to the Coronavirus. The business had the following three employees as at 1 March 2020: Anne, who is a permanent full-time employee and who continues to work in the business earning a gross salary of $3,000 per fortnight.... Nick, who is a permanent part-time employee and who continues to work in the business earning a gross salary of $1,000 per fortnight. Fred, who was recently stood down from the business without pay. Adam is eligible to receive the JobKeeper Payment for each employee of $1,500 per fortnight (before tax), for a maximum period of six months (which would be paid monthly in arrears). The JobKeeper Payment would provide the following benefits for the business and its employees: (a) The business continues to pay Anne her full-time gross salary of $3,000 per fortnight, as well as superannuation guarantee support on this income. In this case, the $1,500 per fortnight JobKeeper Payment effectively partly subsidises the cost of Anne’s salary. (b) The business continues to pay Nick his $1,000 gross fortnightly salary and an additional $500 gross amount per fortnight, resulting in a total gross fortnightly salary of $1,500. In this case, the JobKeeper Payment fully subsidises the cost of Nick’s salary. The business must continue to provide Nick with superannuation guarantee support on the $1,000 fortnightly salary amount, but has the option of choosing to pay superannuation on the additional $500 gross amount paid to Nick under the JobKeeper Payment scheme. (c) The business must start paying Fred a gross salary of $1,500 per fortnight, which is fully subsidised by the JobKeeper Payment. The business has the option of choosing to pay superannuation on this amount paid to Fred under the JobKeeper Payment scheme. If Fred commenced receiving any Centrelink support (e.g., JobSeeker Payment), he will need to advise Centrelink of his JobKeeper payment. See more

10.01.2022 Another financial year has ended and its time to hit refresh!! Thank you to all of our clients for your support and understanding during these challenging times. We look forward to working with you to achieve your goals in the 20/21 Financial Year.

10.01.2022 Another example of the government Boosting cash flow for employers Sarah’s Construction Business Sarah owns and runs a building business in South Australia and employs 8 construction workers on average full-time weekly earnings who each earn $89,730 per year. In the months of March, April and June for the 2019-20 income year, Sarah reports withholding of $15,008 for her employees on each business activity statement (BAS).... Under the Government’s changes, Sarah will be eligible to receive the Boost on lodgment of each of her BAS. Sarah’s business receives: A credit of $45,024 for the March period, equal to 300 per cent of her total withholding. A credit of $4,976 for the April period, before she reaches the $50,000 cap. No payment for the May period, as she has now reached the $50,000 cap. An additional payment of $12,500 for the June period, equal to 25 per cent of her total Boosting Cash Flow for Employers payments. An additional payment of $12,500 for the July period, equal to 25 per cent of her total Boosting Cash Flow for Employers payments. An additional payment of $12,500 for the August period, equal to 25 per cent of her total Boosting Cash Flow for Employers payments. An additional payment of $12,500 for the September period, equal to 25 per cent of her total Boosting Cash Flow for Employers payments. Under the previously announced Boosting Cash Flow for Employers measure, Sarah’s business would have received a maximum payment of $25,000. Under the Government’s enhanced Boosting Cash Flow for Employers measure, Sarah’s business will receive $100,000. This is an additional $75,000 to support her business and help her retain her staff. Please call Chloe, Chris or Colleen to discuss.

10.01.2022 Thank you for delicious treats Joanne Tucci and Mel from The Cake Stop

08.01.2022 We are closing for the year on Friday 18th of December. We will reopen on Monday 4th January. On behalf of Colleen and the team we would like to thank all of our clients for their support during this challenging year. We cant wait to see you all back in the office in 2021! Have fun and be safe these holidays

08.01.2022 What a delicious surprise to receive these cupcakes from The Cake Stop in Beaconsfield. Thank you to our amazing clients Natalie and Jason from Think Advantage for sending these to the office today. We have the best clients! We are grateful to all of you for your support and understanding in these challenging times

07.01.2022 IMPORTANT INFORMATION Following the Premier's announcement this afternoon we will be shutting our office as of Wednesday. Our staff will begin working from home. All appointments will go ahead as normal unless we contact you to say otherwise. ... The best way to contact us is by email, however, we will still be answering our phones. Please bear with us as we make these changes. Your patience and understanding is appreciated. Stay home, stay safe and please reach out if you need us in these difficult times

06.01.2022 https://mobile.abc.net.au//coronavirus-can-i-get/12085164

06.01.2022 Just released from treasury Jobkeeper- Fact sheet for Employers https://treasury.gov.au//Fact_sheet_Info_for_Employers_1.p

06.01.2022 Jobseeker payment example Self-employed affected by Covid-19 with no employees Melissa is a sole trader running a florist without any employees. The economic downturn due to the Coronavirus has adversely affected Melissa’s business and she expects that her business turnover will fall by more than 30% compared to a typical month one year ago (i.e., in 2019).... On this basis, Melissa will be able to apply for the JobKeeper Payment and would receive $1,500 per fortnight (before tax), which will be paid to her on a monthly basis in arrears. See more

05.01.2022 Early release of superannuation Example if you're an employee - Ed the bartender... Ed works in a popular bar in Melbourne. As a result of the Coronavirus, Ed has had his work hours reduced from 40 hours on average in the second half of 2019 to 20 hours per week on average in May 2020. As a result, Ed determines that his hours over the last month have reduced by more than 20 per cent compared to the average of his hours over the last six months of 2019. Ed decides to apply for the early release of $8,000 of his superannuation in May 2020 to help pay his rent and other living expenses. Ed self-certifies that he is eligible for early release on myGov. He could have applied for up to $10,000, but chose not to. Ed cannot seek any further early release of superannuation in 2019-20 on the grounds that he has been affected by the adverse economic effects of the Coronavirus. However, Ed finds after 1 July 2020 that his hours continue to be reduced by more than 20 per cent compared to the average of his hours in the last six months of 2019. Ed decides to make a second application and self-certifies through myGov that he is eligible for early release. He is able to apply again for a release of up to $10,000 of his superannuation. Ed submits a second application for the full amount of $10,000 this time. For each application, the ATO approves Ed’s early release and notifies both him and his superannuation fund. Ed has received a total of $18,000 of his superannuation in two separate payments. He will not be taxed on this amount and is free to spend this money on anything he chooses, or save it for future expenses. He is also free to recontribute any unused amounts to his superannuation in the future (within his contribution caps). Example if you're a sole trader- Rachel the sole trader Rachel is a sole trader with a catering business. At the end of July 2020, Rachel seeks to apply for an early release from her superannuation for the 2020-21 financial year. Due to the economic effects of the coronavirus, Rachel’s turnover for July is $5,000 compared to $10,000 on average per month for the second half of 2019. Rachel therefore determines that her turnover has reduced by more than 20 per cent compared to her average turnover over the last six months of 2019. Rachel self-certifies that she is eligible for early release and applies to have $10,000 released from her superannuation. https://www.business.gov.au//Coronavirus-information-and-s See more

05.01.2022 We are trading as usual obeying all the Governments COVID-19 orders. We are an essential service. Businesses will receive the Cashflow assistance when they lodge the March Bas and our job is to prepare the Bas and assist clients who prepare their own Bas. Please call our office on 97693840 for assistance.

04.01.2022 The Victorian Government has recently announced more support for businesses. Go to the link to see if you're eligible or get in touch with our office for more info or assistance. Sole Trader Support Fund. Grants of up to $3,000 to eligible sole traders in sectors such as retail, accommodation and food services, creative and media, hairdressing, gyms, events, education and training who operate from a commercial premises or location as a tenant. Small and medium sized busin...ess. The third round of the Business Support Fund will provide grants of $20,000, $15,000 or $10,000, depending on size Licensed Hospitality Business. Grants of up to $30,000 for licensed pubs, clubs, hotels, bars, restaurants and reception centres, based on their venue capacity and location http://www.business.vic.gov.au//business-resilience-package

01.01.2022 Working from home isnt as easy as it looks!! Please be patient with us as we get to your emails and phone calls. If you call and don't get an answer try again in a few minutes or send through an email. We are doing our best in a very challenging situation. Stay safe and be kind!!