Articles
JobKeeper for Independent Schools
The Federal Government’s JobKeeper Scheme is expected to be a $320 billion dollar boost for the economy. It is available to businesses which have experienced a drop in turnover due to the COVID-19 pandemic. The scheme was intentionally designed to enable charities to participate and benefit from the scheme, with a lower threshold for the […]
Charity and DGR reviews – is your PBI status at risk?
The ACNC has announced they it will begin reviewing charities to check their entitlement to charity registration and for deductible gift recipient (DGR) status. The reviews will commence in July 2020, with approximately 500 charities to be reviewed each year. Public Benevolent Institutions The initial review will focus on Public Benevolent Institutions (PBIs). Most PBIs […]
Government stimulus packages for the impact of Covid-19
We are living through an extraordinary period. Never before have we seen such intervention to deal with a health threat. Every member of society is impacted as result of Covid-19 and the financial impact is far reaching. In order to assist individuals and businesses the Federal and State Governments have released stimulus packages to defray […]