Martel Wheatley Logo
02 6813 0799
  • Home
  • About
    • About
    • Team
    • Careers
  • Services
    • Accounting
    • Advisory
    • Bookkeeping
    • Self Managed Super Funds
    • Software Support
    • Succession Planning
    • Tax Compliance
  • News
    • Blog
    • Newsletters
  • Contact

May 2020 newsletter

Sunday, 31 May 2020

Inside our May 2020 newsletter:

  • End of financial year review and tax planning
  • JobKeeper payments - What now?
  • MYOB Essentials update
  • Payment summaries and Single Touch Payroll

May 2020.pdf

COVID-19 Stimulus Measures

Melisa WheatleyFriday, 17 April 2020

A snapshot of the available measures to small businesses during this pandemic.

COVID-19 Stimulus.pdf

The Economic Response to the Coronavirus

Melisa WheatleyMonday, 23 March 2020

The government has had no choice but to chuck the economy under the bus to save Australian lives. 

The current economic situation is making the GFC look like a kitten. With forced closures of business and isolation directives, it’s difficult for consumers to spend money, if they were allowed out of the house. The knock on effect of these policies will see many people unemployed. 

The government is spending a massive amount of money in an effort to support people that may lose jobs and businesses. This newsletter provides details on most of these initiatives. 

Martel Wheatley will be working with clients through these challenging times. We are available to ensure our clients maximise all the government support available. We are also working with clients to ensure business cash flow decisions are made early and with confidence. 

Big volatility brings big opportunity. 

The information in this newsletter was sourced from the The Treasury of the Australian Government.

Economic Response to the Coronavirus.pdf

The Stimulus Package

Sam MartelFriday, 13 March 2020

The Stimulus Package: What You Need To Know

The Government has announced a $17.6 billion investment package to support the economy as we brace for the impact of the coronavirus.

 The yet to be legislated four part package focuses on business investment, sustaining employers and driving cash into the economy.

 For business

  1. Business investment
    • Increase and extension of the instant asset write-off
    • Accelerated depreciation deductions
  2. Cash flow assistance for small and medium sized business 
    • Tax-free payments up to $25,000 for employers
    • Wage subsidy of up to 50% of an apprentice or trainee wage
  3. Targeted support for severely affected sectors, regions and communities

 For individuals

  1. Household stimulus payments to drive cash into the economy
    • Tax-free $750 payment to social welfare recipients

 Parliament sits on 23 March. The Prime Minister has stated, "we have no plans to change the parliamentary sitting schedule."

The Stimulus Package.pdf

Credit: Knowledge Shop, March 2020

February 2020

Sam MartelFriday, 28 February 2020

In this newsletter:

  • Changes to the AusKey
  • International Women's Week
  • Text message reminder
  • Superannuation guarantee amnesty
  • MYOB Essentials update
  • Software tip

Download February 2020 Newsletter

January 2020

Melisa WheatleyFriday, 31 January 2020

In this newsletter:

  • Deferring livestock sales - it's like throwing a boomerang. It's coming back!
  • Meet Jacob!
  • Barnaby bank fast facts
  • Did you know the Government can contribute to your super fund?
  • Text message reminders
  • December BAS and IAS reminder

January 2020.pdf

December 2019

Melisa WheatleyTuesday, 31 December 2019

In this newsletter:

  • Meet Ethan!
  • FAQ: Can I buy property in my family trust?
  • Calculating long service leave
  • First Home Loan Deposit Scheme - Fact Sheet

December 2019.pdf

December 2018

Saturday, 01 December 2018

Inside this newsletter:

  • Let us do your payroll!
  • FAQ: Can my business claim a tax deduction for our work Christmas party?
  • No tax deduction if you don't meet your wages withholding obligations
  • New TPAR reporting industries - road freight, IT, security investigate and surveillance

Download December 2018 Newsletter

2018-19 Budget. Our special budget newsletter!

Friday, 01 June 2018

We have examined the Government's financial budget and put together a special newsletter with key points for our clients. These include:

  • Extension of the $20,000 immediate write off deduction for small businesses,
  • 3 year audit cycle for self managed superannuation funds (SMSF),
  • Maximum number of SMSF members increased,
  • No salary and wages deductions for late paying employers,
  • Personal income tax cuts,
  • Low and middle income tax offsets.

We encourage anyone with questions to contact our office.

We can be contacted on 02 6813 0799 or admin@mwata.com.au

June 2018

Friday, 01 June 2018

Inside this Martel Wheatley Newsletter:

  • 12 month amnesty for employers with outstanding super obligations
  • Travel relating to residential rental properties
  • Personal income tax cuts
  • GST property settlement forms and instructions
  • New cents per kilometre rate
  • New pay rates as of 1 July 2018
  • Incorrect application of GST and low value goods imported into Australia

RECENT POSTS

  • “Everyone has a plan until they get punched in the mouth” - Mike Tyson 1987
  • 2017 - 18 Budget. Our special budget newsletter!
  • 2018-19 Budget. Our special budget newsletter!
  • April 2018

CATEGORIES

Self Managed Super Funds Icon

Self Managed Super Funds

Superannuation is an important retirement asset for all Australians. How you ...

Read More
Accounting Icon

Accounting

Let us assist you to meet your taxation obligations, including: Income T...

Read More
Bookkeeping Icon

Bookkeeping

Good account keeping makes it much easier to manage your business. Martel Whe...

Read More

The Latest


Tweets by Martel_Wheatley

End of financial year review and tax planning

Monday, 15 June 2020

The 2020 financial year has been incredible. We have now seen the end of the worst drought on record and as COVID-19 restrictions are lifted, we are noticing an upward swing in business confidence.Many businesses have experienced a difficult finan...

Did you know the Government can contribute to your super fund?

Thursday, 13 February 2020

If you are a low or middle income earner, and you make a personal contribution into your superfund, the government may also make a Co-contribution, to a maximum of $500 per year.The amount the government contributes, depends on your income and how...

Contact Us


Dubbo Office

  • 02 6813 0799
  • admin@mwata.com.au
  • Level 1 Endeavour Court
    139 Macquarie St
    Dubbo NSW 2830

Nyngan Office

  • 02 6832 1116
  • admin@mwata.com.au
  • 66A Cobar Street
    Nyngan NSW 2825
  • © 2021 Martel Wheatley.
  • Privacy Policy.
  • Website Design By: P.S. Websites and Design.
  • Powered by Treepl.