PRO Accounting & Financial Services in Brisbane, Queensland, Australia | Financial service

PRO Accounting & Financial Services

Locality: Brisbane, Queensland, Australia

Phone: +61 474 695 622

Address: 973 Fairfield Road 4105 Brisbane, QLD, Australia

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

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23.01.2022 NAB, Westpac, ANZ may allow mortgage repayment holidays of up to six months amid virus shock https://www.theage.com.au//nab-westpac-may-allow-mortgage-

23.01.2022 This is a scam. Avoid it.

22.01.2022 Do you know what your award says about pay for working at particular times? Employees often get a higher pay rate when working: weekends public holidays overtime late nights shifts or... early morning shifts. Know what your minimum rates are for work at particular times. To check the rules in your award, select your industry from the drop-down menu here: https://www.fairwork.gov.au/pay/penalty-rates-and-allowances Remember, if you have an enterprise agreement, you should check it for your pay rates.

19.01.2022 Jobkeeper Payment Under the JobKeeper Payment, businesses impacted by the Coronavirus will be able to access a subsidy from the Government to continue paying their employees. Affected employers will be able to claim a fortnightly payment of $1,500 per eligible employee from 30 March 2020, for a maximum period of 6 months. Eligible employees ... Eligible employees are employees who: are currently employed by the eligible employer (including those stood down or re-hired); were employed by the employer at 1 March 2020; are full-time, part-time, or long-term casuals (a casual employed on a regular basis for longer than 12 months as at 1 March 2020); are at least 16 years of age; are an Australian citizen, the holder of a permanent visa, a Protected Special Category Visa Holder, a non-protected Special Category Visa Holder who has been residing continually in Australia for 10 years or more, or a Special Category (Subclass 444) Visa Holder; and are not in receipt of a JobKeeper Payment from another employer. If your employees receive the JobKeeper Payment, this may affect their eligibility Application Process 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.

18.01.2022 Today the RBA Board decided to lower the cash rate by 25 basis points to 1.00 per cent. The Board meeting was held in Darwin for the first time since 1968.

18.01.2022 Further Stimulus Delivered The RBA has lowered rates to 0.75%. In a move many expected, the Reserve Bank has today lowered the official cash rate to 0.75%, hopeful it will help stimulate employment and income growth.

18.01.2022 WORK RELATED DEDUCTIONS FOR DIFFERENT PROFESSIONS...

18.01.2022 COVID19 Rental Grant A Bond Loan is an interest-free loan to cover your rental bond when moving into private rental accommodation. The loan is up to a maximum of 4 weeks rent, and must be repaid. A Rental Grant is a one-off grant of 2 weeks rent it helps people in housing crisis to move into private rental housing.... A Rental Grant is paid directly to your agent or lessor (landlord) after the tenancy starts. https://blarga.hpw.qld.gov.au/

17.01.2022 Taking on new employees just got easier Pre-filled Tax file number declaration and Super Choice forms can now be completed by your employees using their ATO online services account linked through myGov. You will need to provide your employees with:... * your ABN * the type of employment you will hire them under, for example, full time, part time or casual * your nominated default super fund's details, including:full name, unique superannuation identifier (USI), their ABN. Your employees will then need to print out the completed form summary and give this to you. Once you've received the form, you can: * work out how much tax to withhold from payments you make to them * pay their super to their chosen super fund. You don't need to return this form to the ATO, but you will need to keep it for your records. More information: https://www.ato.gov.au//Single-Touch-Payrol/New-employees/

16.01.2022 #BREAKING: The Federal Government is set to unveil a new wage subsidy for businesses and workers affected by the coronavirus crisis today. Under the scheme, businesses are expected be paid up to $1,500 per fortnight, per employee, for the next six months.

16.01.2022 Welcome to PRO Accounting & Financial Services. We offer services given below. Please contact us.

15.01.2022 SCAM ALERT Be on the lookout for a new text message (SMS) scam claiming you have a tax refund from the ATO. Don’t click any links and don’t give out your bank details, even if it looks convincing. Remember we’ll never send an SMS asking you to access our online services via a hyperlink.... Scammers try to take advantage of people when they’re vulnerable, and we’re doing what we can to shut these scammers down. Warn your friends and family, report any scams you receive, and visit our scam alerts page to learn more: https://www.ato.gov.au//Onli/Identity-security/Scam-alerts

14.01.2022 Even if you signed it, an employment contract can’t lawfully make you worse off than the minimum legal entitlements. That means your employment contract cannot provide for less than the legal minimum in: the National Employment Standards your award or enterprise agreement.... So if you think you’re getting less than the legal minimums, our info will help you check and get help. https://www.fairwork.gov.au/awards-and/employment-contracts

13.01.2022 The ATO diagram below illustrates how SingleTouch Payroll(STP) works:

13.01.2022 #Covid19SuperRelease The tax office has warned that If someone caught attempting to withdraw their super without meeting the eligibility requirements will face fines of $12,600.

07.01.2022 If you receive a Family Tax Benefit or Child Care Subsidy from Centrelink, check out the video below to learn how lodging your tax return helps ensure you receive everything you’re entitled to

07.01.2022 SCAM ALERT There’s another scam going on where scammers will send you an email to click on the link asking you to verify your Electronic Funds Transfer (EFT) details, so that you could receive payments for Medicare benefits & claims. That link will take you to a`FAKE’ myGov website ending with the domain `.net ‘ instead of `.gov.au’ Please DONOT open these kind of emails and please DONOT click on such links. Once you enter your details, scammers can steal your fund...s and identity. Stay Alert, Stay Smart Online

06.01.2022 #COVID #QLD #SmallBusiness SMALL BUSINESS ADAPTION GRANT PROGRAM The Qld Government have released details of a Small Business Adaptation Grant Program, that will provide a grant of up to $10,000 per eligible small or micro business.... Further details can be found here: https://www.business.qld.gov.au//advice-su/grants/adaption

05.01.2022 SCAM ALERT We’ve seen an increase in scam text messages (SMS) offering fake tax refunds. Stay safe by not clicking on any links directing you to log on, even if it seems legit.

04.01.2022 If you work in hospo, here are 6 myths you should know about. Myth 1: employees don't need to be paid for time spent opening and closing a business. FACT: Time= Employees must be paid for all hours they dedicate to work. For example, if you’re required to be at work at 7.45am to set up for an 8am opening, you need to be paid from 7.45am.... Myth 2: paying low, flat rates of pay is OK if the worker agrees. FACT: It’s unlawful to pay less than the minimum rates from the worker’s award or enterprise agreement. Myth 3: paying employees with food, drink or store goods is OK. FACT: isn’t . Srsly. You need to be paid in money for all the time you work. Myth 4: employers can make deductions from an employee's wages to cover cash register discrepancies, breakages and customers who don't pay. FACT: Deductions can be made only in very limited circumstances a till being short, bill runners and breakages aren’t legit reasons. Myth 5: lengthy unpaid work trials are OK. FACT: Unpaid work trials are only OK for as long as they’re needed to demonstrate the skills required for the job. Depending on the work, this could range from an hour to one shift. Myth 6: pay slips aren’t mandatory employers only need to give employees pay slips if they ask for them. FACT: Every worker needs to be given a pay slip for every pay day. We recommend keeping your own record of when you work too, so you can check you’re being paid accurately. This will help you raise and resolve any issues

02.01.2022 SCAM ALERT There are growing number of people making large payments for fake tax debts. Don’t get caught! These phone calls will tell you that you owe money and need to pay it straight away or you’ll be arrested. The scammer will try to keep you on the line until you pay, often by unusual methods such as bitcoin, pre-paid credit cards or gift cards. If you get a call like this, hang up and don’t provide any info. ATO doesn’t : threaten you with immediate arrest send u...nsolicited pre-recorded messages to your phone keep you on the line until a payment is made request payment of debts via bitcoin, gift cards or other vouchers. Warn your family and friends to stay alert and visit scams page to learn more: www.ato.gov.au//online-services/i/verify-or-report-a-scam/

02.01.2022 Be on high alert for tax scams this tax time!