ConnectW Tasmania | Business consultant

ConnectW Tasmania

Phone: +61 3 6146 3898

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24.01.2022 Proud to announce as Club Partner of YETI Cricket Club .

23.01.2022 The JobKeeper Payment has been extended! Changes include: an extension until 28 March 2021 a new turnover tests for eligible businesses... two rates for eligible employees based on average hours worked. If you’re already getting JobKeeper or are eligible now with these changes, find out what you need to do in preparation for 28 September. For more info, visit www.ato.gov.au//JobKeepe/JobKeeper-extension-announcement/ #ATO

23.01.2022 Connectw ,

20.01.2022 SCAM WARNING - DO NO REPLY, DELETE IMMEDIATELY If you get this email DELETE IT! Australian Taxation Office says it's receiving reports of email scams about JobKeeper and backing business investment claims. "The fake emails say we're investigating your claims. They ask you to provide valuable personal information, including copies of your driver’s licence and Medicare card," ATO says.... The image below is one example of an email scam currently circulating. If you get this email DO NOT provide the information requested. Delete it straight away. If you receive a message from the ATO asking for your personal information, you can call them on 1800 008 540 to make sure it's legitimate. If you think it's fraudulent, report it by sending an email to [email protected]. REMEMBER - You should never give out your personal information unless you're sure of who you are dealing with. : www.scamwatch.gov.au/

19.01.2022 ATO Update: Cash-flow Boost The ATO is concerned that some businesses who have received the $20,000 to $100,000 cash-flow boost have made either an honest mistake or undertaken a fraudulent arrangement to increase the amount they receive. Businesses that made sudden or unexpected changes to PAYG withholding amounts to increase their entitlement to the cash-flow boost are now being contacted by the ATO.

18.01.2022 Wishing a happy and joyful holiday season; may this amazing time bring peace and harmony into your homes. We can’t wait to work with you in a new year and achieve our every goal together. Happy New Year 2021. #teamconnectw

18.01.2022 JobKeeper Payment Update: Are you prepared for a possible JobKeeper audit? While the ATO has committed to taking an understanding and sympathetic approach to JobKeeper compliance, it has made it clear it will conduct compliance and audit activities to ensure the JobKeeper Payment is passed on to employees, as well as to swiftly and effectively address attempted fraud and any other abuse of the scheme.... Tracking JobKeeper payments through Single Touch Payroll (STP) is one of the main ways the ATO will ensure employers are compliant. In addition to a range of data-matching tools, STP will allow the ATO to identify when an employer has made over or underpayments, incorrectly declared how many employees they are applying for, or when they have not correctly nominated employees. It’s therefore essential for every business to double-check its eligibility for JobKeeper, as well as for its employees. It’s also critical for businesses to maintain documentation and records substantiating information they provided to the ATO in their JobKeeper applications, and to have these documents available in the event of an audit by the ATO.

18.01.2022 Next Match Yeti Cricket Club VS Gurkha Legends This Sunday, 30th August ... #yeticricketclub #gurkhalegends #nepali #Cricket #club #Tasmania Thanks for our Club Partner: ConnectW Tasmania Sponsor: Tassie Mortgage Broker

18.01.2022 ConnectW Tasmania TAX TIME!!! TAX TIME Please Remember us for your Legitimate Maximum Refund from our Registered Tax Agent.... Services Individual Tax Return Business Tax Return Uber Tax Return BAS & IAS Return ABN & GST Registration 187 New Town Rd, New Town TAS 7008 03 6146 3898 0449 794 691 [email protected]

17.01.2022 Spirit of Tasmania ferries to allow free travel for cars from March in bid to boost tourism: Spirit of Tasmania passengers can bring their car or motorcycle for free from March 1 until June 30 The Federal Government has expanded to the Bass Strait Passenger Vehicle Equalisation Scheme to boost tourism... Travelers who come to Tasmania by the sea make up 12 percent of visitors but contribute 20 percent of visitor spending Source:https://www.abc.net.au//vehicle-subsidy-for-spiri/13037282

17.01.2022 It is our great privilege to support and take part in Blood Donation Campaign organised by Yeti Cricket Club (YCC). When: 19th Nov 2020, Thursday tarts 1:15 PM Where: Australian Red Cross Blood Donation Centre Hobart... Level 1 45 Bathurst St, Hobart TAS 7000 Interested Donor, please contact us or Yeti Cricket Club representatives. *Parking is free for Donor.

14.01.2022 JobKeeper payment Update: How will the JobKeeper payment rate change? There will be two extension periods, each introducing a lower payment rate for employees. The first will run from 28 September 2020 to 3 January 2021 and the second from 4 January 2021 to 28 March 2021.... Two tiers of JobKeeper will also be introduced for employees, based on hours worked in the four weeks before 1 March 2021. The eligibility rules for employees remain unchanged. From 28 September 2020, employees who worked: 20 or more hours per week will receive $1,200 per fortnight, decreasing to $1,000 per fortnight from 4 January to 28 March 2021. Fewer than 20 hours per week will receive $1,000 per fortnight, decreasing to $650 per fortnight from 4 January to 28 March 2021.

13.01.2022 We are delighted to be on board as Club partner. All the best YETI Cricket Club for the future

09.01.2022 JobKeeper Payment Update: What are the adjusted eligibility requirements? Businesses (including sole-traders) and not-for-profits will need to reapply for JobKeeper at the end of September and again in January, proving that their turnover has significantly declined.... To be eligible for JobKeeper from 28 September, you need to demonstrate that your turnover has declined over the preceding June and September quarters 2020. To be eligible from 4 January to 28 March 2021, you need to demonstrate a decline in turnover in each of the June, September, and December quarters 2020. The decline in turnover required remains the same as existing rules, namely: 30 percent for those with an aggregated turnover of $1 billion or less; or 15 percent for not-for-profits

09.01.2022 Early Superannuation Scheme Investigation Update : ATO expands early access to super investigation to 2,000 applicants. The Tax Office will take a closer look at 2,000 individuals who applied for the early release of the superannuation scheme after its initial compliance program found that more than 90 percent of applicants were clearly eligible.

08.01.2022 HAPPY DASHAIN & STAY SAFE ConnectW Sydney | Tasmania | Perth... www.connectw.com.au

08.01.2022 SCAM ALERT Scammers have set up a clone of the myGov website to trick you into sharing your login and bank account details, Stay Smart Online says. The scam starts with a phishing email that looks like it is from Medicare, asking you to update your Electronic Funds Transfer (EFT) details, so you can start receiving payments for Medicare benefits and claims. If you click on the link in the email you are taken a replica of the real myGov website. You’ll note the URL include...s ‘.net’ instead of ‘.gov.au’, which is an indication the website is not a legitimate Australian Government domain! If you input your login details you are directed to also enter your secret security question and answer, before you’re taken to the fake Medicare website to input your bank account details. These emails and web pages feature myGov and Medicare design and branding, making them appear legitimate. Remember, clicking on the link and sharing your details gives these scammers access to your personal information, which they then use to steal your money and identity!

05.01.2022 Are you keeping the right records for your business? The new year is a great time to check. Our record-keeping evaluation tool only takes about five minutes to use and helps you assess how well you’re keeping your business records. Simply choose what applies to your business and the kind of records you keep, and you’ll get a report based on the information you’ve provided. We can't access the information so only you will see if you’re doing well or if there’s room for impro...vement. Remember the rules of good record keeping: keep all records that are relevant to your business’s tax and super affairs safely store your records in a way that protects them from being changed or damaged keep most records for five years you need to be able to show us your records if we ask for them they must be in English or easily converted to English. Records you may need to keep include: BPAY or PayPal records tax invoices for purchases over $82.50 stocktake records a list of creditors and debtors wages records (including directors' fees) Super guarantee contributions paid to each employee and how they were calculated. Source: ATO