Jones Louros & Associates in Essendon, Victoria, Australia | Accountant

Jones Louros & Associates

Locality: Essendon, Victoria, Australia

Phone: +61 3 9379 5888

Address: 1/24 Leake Street 3040 Essendon, VIC, Australia

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

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• Business service
• Accountant
• Business consultant

25.01.2022 - JOBKEEPER DOCUMENTATION CRITICAL - As we have highlighted in previous communication you need to ensure you have documentation that provides a basis for you enrolling. To avoid any issues if the ATO questions you, save emails, notes, comments from customers, whatever will assist. If your not sure or have a specific situation, give us a call

23.01.2022 - JOBKEEPER STUDENTS 16 & 17 YEARS OLD - Full time students aged 16 and 17 years old The benefit of the JobKeeper payment to workers over the age of 16 is justified for those who are financially independent and who require the security provided by participation in the JobKeeper scheme and the maintenance of the working relationship that it affords. The rules will provide that full-time students who are 17 years old and younger, and who are not financially independent, are N...OT eligible for the JobKeeper Payment. (03) 9379 5888 [email protected] https://ministers.treasury.gov.au//media/jobkeeper-update

22.01.2022 - JOBKEEPER ELIGIBLE EMPLOYEES - Employees who were NOT originally eligible may now be eligible! New date for employees and additional flexibility. The Government has updated the JobKeeper rules to better support those who:... - Have moved employers - Are casuals who had previously not met the '12 month' test https://www.ato.gov.au//jobk/employees/eligible-employees/

19.01.2022 Jones Louros & Associates are missing the footy so we all kitted up in our footy gear for our afternoon meeting, #bringbackfooty #accountants #covid19 #doggies #pies #dons #cats #tigs #pegsfc #afl #slipstream

19.01.2022 -JOBKEEPER MONTHLY DECLARATIONS - If you are enrolled for the JobKeeper Payment and identified your eligible employees, you need to make your monthly declaration to receive payment. The sooner you do this the sooner you will get the Jobkeeper Payments. You have to the 14th of June to complete this months monthly declaration.

17.01.2022 JOBKEEPER - XERO PAYROLL SUPPORT Quick video giving you some information on what Xero have done around Government Support and their payroll functionality. (03) 9379 5888... [email protected] See more

17.01.2022 - ASK XERO - We are excited to introduce Ask Xero, a communication system that provides a secure messaging way for us to request information or documents from you (03) 9379 5888 [email protected]

16.01.2022 - BUSINESS AS USUAL AT JONES LOUROS - We might be back in Lockdown but for our team it's business as usual. We will continue to work remotely from our homes but as always we are here to assist you in any way we can.... We have the technology in place to conduct Zoom, Teams or telephone meetings and the ability to electronically sign any important documents. If you have any questions or need our help please just email one of our team members or [email protected]

16.01.2022 - JOBKEEPER 2.0 - The Federal Government has announced an extension to the JobKeeper wage subsidy scheme until 28 March 2021. While the initial period still has a couple of months to run, until September 28th, and it’s hoped that fewer businesses will need the assistance of JobKeeper 2.0, the scheme will continue until March 28th, 2021.... Please reach out to the team if you need any help or would like something clarified based on your particular circumstances. (03) 9379 5888 [email protected] joneslouros.com.au

16.01.2022 DOCUMENTATION THE KEY Make sure your maintaining all supporting documents in relation to the governments COVID-19 stimulus measures.

16.01.2022 - RENT REDUCTION REQUESTS - Many of our clients have used our template for a rent reduction from their landlords. Some landlords are now requesting their tenants to provide further information. ... Landlords can ask for the following information: - evidence of turnover from Xero or another accounting system - BAS lodgement extracts You DONT have to provide them with: - Cash flow projections - Balance sheets or P&Ls - Bank balance

16.01.2022 - BUSINESS SUPPORT FUND - The announcement by the government on Sunday noted the allocation of $822 million for a third extension to the Business Support Fund. The applications will be opening on the 18th of September via the Business Victoria website. These grants will be made available to 78,000 businesses with payrolls up to $10 million. Allocations will be based on the following:... 1. Employing businesses with a payroll of less than $650,000 will be eligible to receive a $10,000 grant 2. For employing businesses with payroll between $650,000 and $3 million, a grant of $15,000 will be made available 3. Those employing businesses with payroll between $3 million and $10 million will be eligible for a grant of $20,000. Please reach out to the team if you need any help or would like something clarified based on your particular circumstances. [email protected] joneslouros.com.au https://www.business.vic.gov.au///business-support-fund-3

14.01.2022 ATO CORRESPONDENCE - Changing the way we provide you information Jones Louros and Associates is committed to providing the best communication possible. To ensure we achieve this we are constantly researching new ways to communicate with our clients that is faster, clearer and easier for all involved. CHECK OUT THE NEW PROCESS BELOW

13.01.2022 - BUSINESS SUPPORT FUND - The Round 3 Business Grants are Now Open. This round of grants is industry specific, which means you will only be eligible based on your ANZSIC code.... Please ensure you check your eligibility following the steps in the link below: https://www.business.vic.gov.au///business-support-fund-3

13.01.2022 - INSTANT ASSET WRITE OFF- The Instant Asset Write-Off threshold has been extended for six months to 31 December 2020. The increased threshold is designed to further assist business by bringing forward tax deductions for eligible expenditure. https://www.accountantsdaily.com.au//14470-150k-instant-as

11.01.2022 Employers: With COVID-19 restrictions lifting and gyms, pubs and cafes reopening, you might be wondering whether increases in your GST turnover will affect your... JobKeeper payment eligibility Here's the good news - once you're in, you're in! You’ll continue to receive payments as long as you: met the criteria when you first applied continue to pay eligible staff lodge business monthly declarations. Watch our videos to find out more: www.ato.gov.au//JobKeeper---easier-to-understand-informa/

10.01.2022 - JOBKEEPER MONTHLY REPORTING - We are approaching the next reporting due date for the monthly Jobkeeper declarations. The ATO have announced that the Monthly claim form and reporting will now be due by the 14th of the following month, which gives you a little extra time to get things sorted. If you need any help please contact our office.

07.01.2022 - HOW TO ENROL FOR JOBKEEPER- Business Owners or Jones Louros & Associates can enrol for the JobKeeper payment. If you want to do this yourself:... 1. Log in to the Business Portal using myGovID. 2. Select 'Manage employees' then the link for the JobKeeper payment. 3. Fill in the JobKeeper enrolment form and provide your: * eligibility information * expected number of eligible employees * contact and bank details. 4. Notify all your eligible employees you have nominated them. All businesses are entitled to a Business Portal with the ATO. We cannot set this up for you as you need to do it via your own myGovID account. Please contact the ATO if you want to set up the Business Portal, we, unfortunately, have no ability to assist. Jones Louros & Associates have a tax agent portal which gives us access to complete the JobKeeper enrollment. https://www.ato.gov.au//e/enrol-for-the-jobkeeper-payment/

07.01.2022 - TAX TIME WE ARE HERE TO HELP - We might be back in lock down again but from your perspective nothing changes, we are here when you need us. Our process this year with Tax Returns might be a little different to what you are used to but we will still be here to help.... When preparing your annual tax return for 2020 we have a number of options to help you: 1. You can email our office at any stage to provide us with your paperwork - [email protected] 2. We can organise a Zoom or Teams meeting to answer any of your questions prior to preparation 3. We can take your calls 03 9379 5888 (please be patient as we have one staff member in the office with the rest working from home, email is our preferred option) We understand everyone is keen to get their tax returns done as soon as possible but please give your employers the time to lodge your income statements with the ATO. This is due on the 14th of July, so we will begin preparations from this point on wards. Its forever changing environment and as soon as restrictions ease we will open our doors to those that want to come in to see us face to face (03) 9379 5888 [email protected]

06.01.2022 - BUSINESS SUPPORT FUND - Businesses within metropolitan Melbourne and Mitchell Shire that are affected by the return to Stay at Home restrictions may be eligible for a one-off, $5,000 grant under the Business Support Fund Applications close 19 August 2020 ... https://www.business.vic.gov.au//bu/business-support-fund

04.01.2022 CASH IS KING - DEBTOR MANAGEMENT Our first video is a series of short videos covering topics around cash flow management, business planning and family budgeting. If there's a topic you would like us to discuss please let us know. (03) 9379 5888... [email protected] See more