Arabon Accountants

Arabon Accountants Queensland government flood relief and disaster grants

How to apply for Queensland Government flood relief and disaster grants

As devastating rains continue in Queensland and New South Wales, small businesses find themselves facing another crisis and seeking support.  There are several Queensland government flood relief and disaster grants now available to individuals and businesses affected. This article details what is available now, noting some grants are being modified and added as more Local […]

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Arabon Accountants employee leave COVID

Everything you need to know about employee leave when isolating because of COVID

As the majority of Australia has switched to a policy of ‘letting COVID rip’, more employees are now isolating with COVID as a patient or close contact than ever before.  Consequently, more employees are relying on their annual or sick leave entitlements to ensure they’re getting paid while in isolation.  This article summarises the most

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Arabon Accountants Pandemic Leave Disaster Payment

How to access the Pandemic Leave Disaster Payment

With nearly 700,000 active COVID-19 cases across Australia, the federal government has readjusted how people who are forced out of work to isolate can access hardship payments.  Rapid antigen tests (RATs) can now be used as proof you’ve been infected with the virus and may be used to prove eligibility for the Pandemic Leave Disaster Payment. 

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Arabon Accountants changes from 1 january 2022

Changes to government payments and subsidies from 1 January 2022

With the commencement of the new year came a number of changes to government payments, subsidies and a new international free trade agreement. Boost to government payments Recipients of youth, student and carer allowances will benefit from a boost to their payments from January 1 after the indexation rate was raised to 3.5 per cent – the

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Arabon Accountants Christmas parties and FBT

Everything you need to know about Christmas parties and FBT

As Christmas and the New Year fast approaches, many businesses look forward to celebrating the past year with gift giving and Christmas parties for employees. Many business owners may not fully understand the fringe benefits tax (FBT) implications of providing such benefits and if you’re not informed, it could see you owing unexpected costs for

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Arabon Accountants apply for new director ID number

Applications for the new Director ID number open November 2021

Earlier this year, we wrote an article about what you need to know about the new Director ID Number.  A director identification number (director ID) is a unique identifier you need to apply for once and will keep forever. It will help prevent the use of false or fraudulent director identities. Let’s recap the new

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Arabon Accountants pay superannuation on time

The importance of paying superannuation on time

If your business has employees, then paying superannuation on time is undoubtedly a topic you know much about. The government’s superannuation guarantee requires employers to pay a superannuation contribution equal to 10% (2021/2022) of an employee’s ordinary time earnings if an employee is paid $450 or more before tax in a month.  If you use

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