In light of the recent developments around the Coronavirus (or COVID-19) and the uncertainty we are all facing day to day, we felt it important to email you to assure you that we expect no major interruptions to the services that we provide to you.
Our cloud systems mean you can always contact us if you need us
While we don’t know if we’ll be working from our office or working from our homes in coming weeks, we have invested heavily in the latest technology over the past years, and this means we can keep assisting you no matter what may happen.
All of us are able to work remotely and have access to all the technology systems and tools we use daily to assist our clients.
If you need to complete tax returns, Business Activity Statements or other ATO lodgements with our assistance but do not feel comfortable with a face to face meeting, please feel free to email or post your information to us or contact us directly to make arrangements for a phone meeting.
Please keep emailing or phoning us at BeWise Accounting when you need us, and we will be here to help you!
Good advice is needed now more than ever
If you have any general queries, requests for bookings for meetings or requests for documents, please feel free to contact Alison on info@bewise.com.au.
BUSINESS AND TAX
The Australian Government has just released their $17.6 billion economic stimulus package in response to the Coronavirus. It is designed to help employers to keep their workforce levels. There are key tax benefits that business owners need to access over the next few months. We are here to help business owners receive the maximum benefits they can.
INDIVIDUAL ASSISTANCE
Tax-free payments of $750 to social security, veteran and other income support recipients and eligible concession card holders. It is estimated that around half of those who will benefit will be pensioners. These payments will commence to be automatically made from 31 March 2020
For any questions you may have abut accounting, tax or business matters, please feel free to contact William on wbeedles@bewise.com.au.
Important – Review or update your enduring power of attorney (EPOA) and will now
If you have to self-quarantine or are admitted to hospital, if you don’t have an EPOA then no-one else can make important business or financial decisions on your behalf.
We strongly recommend that you have an up to date EPOA and Will, and that your family know where these are stored.
Contact your solicitor for further advice on this matter.
Next steps
These are times when we need to stay calm and rely on reliable news sources and information from State and Australian Government websites. What you see on social media may be panicky and unreliable information – stay away from this!
The team at BeWise Accounting are here to help you. Please phone us on (02) 4225 0816 if you need any assistance!
