Office Reopening Monday
As a result of the impending removal of the COVID-19 lockdown restrictions, our office will be reopening on Monday the 23rd of November.
Thankyou for your understanding during this interesting time.
Take care and stay safe.
SA Government Lockdown – COVID-19
As the State Government has ordered South Australia into a six-day lockdown amid the COVID-19 outbreak, we have closed our office and implemented our work-from-home arrangements.
Should you require our assistance during this period, please contact your RJC Evans & Co team member via email, whom will subsequently respond to your inquiry via phone or email.
We […]
SA Government’s Second Round of Cash Grants
The South Australian Government has announced a second round of cash grants of up to $10,000 to assist small businesses who continue to be impacted by the COVID-19 pandemic.
To be eligible for the $10,000 cash grant, a business must:
Employ people in South Australia as at 30 September 2020
Have turnover of more […]
100% Write Off for Existing Small Business Equipment
Many small business owners would be aware of the 2020 Federal Budget measure to allow their business to immediately claim a tax deduction on the full cost of equipment purchased and installed between 6 October ’20 and 30 June ‘22, no matter the cost.
Interestingly, the same concession also applies to existing equipment, where the simplified […]
Federal Budget 2020-21 Headlines
Summary of Federal Budget 2020-21 headline measures:
Immediate reduction in personal income tax. This will be reflected in employees regular pay, via a reduction in PAYGW, soon after the budget is passed by parliament.
Ability for businesses with turnover less than $50 million to deduct the full cost of eligible new or used assets of […]
Country Trips October 2020
Our Principals will be visiting the following towns and surrounding during their country trips in October 2020.
Please contact the office should you wish to schedule an appointment on one these country trips.
Country Trips October 2020:
October 12-16: Kadina, Crystal Brook., Melrose, Laura, Peterborough, Jamestown, Spalding, Booborowie, Burra, Bute & Clare.
October 19-22: Naracoorte, Penola, Millicent […]
JobKeeper 2.0
Enrolments for JobKeeper 2.0 have now opened.
To be eligible for the initial 3 months of the scheme, a business’ turnover for the September ’20 quarter (generally G1 on the Business Activity Statement) must have reduced by at least 30% compared to the September ’19 quarter.
There are alternate tests available for businesses where this is not […]
COVID-19 HomeBuilder Grant
The COVID-19 HomeBuilder Grant is designed to provide eligible owner occupiers (not just first home buyers) with a tax-free grant of $25,000 to build a new home or substantially renovate an existing one.
The grant will run from 4 June 2020 until 31 December 2020, with construction required to be commenced within three months of the […]
Laws on Bankruptcy Changed to Help Cope with COVID-19
The government has temporarily changed laws on bankruptcy to help protect people who are facing unmanageable debt as a result of the economic impacts of COVID-19. If you are in financial difficulty, application can be made for temporary debt protection, which prevents recovery action by unsecured creditors, for six months.
June 2020
The threshold of debt that […]
Concerns On Property Development and SMSFs
The ATO, as regulator of selfmanaged superannuation funds, has reported an increase in the number of SMSF trustees entering into arrangements involving buying and then developing property (either with related or unrelated parties) that is subsequently sold or leased.
June 2020
Trustees should be aware that the ATO is taking an active interest in property development investments […]