Small Business All Figured Out
Running a small business in Australia can be a rollercoaster of ups and downs, but we know it's worth it for the freedom and fulfillment it brings. That's why you'll love the 'Small Business All Figured Out' podcast, co-hosted by Corinne Cole and Sheryl Cole, the co-founders of Platinum Accounting & Taxation. In each episode, they share actionable strategies, tips, and tools to achieve success in your small business. They cover a broad range of business-related topics, including finance, accounting, tax, marketing, branding, social media, and management, tailored specifically for the Australian business environment. With their practical advice and inspiring insights, you'll gain the knowledge and confidence to take your business to the next level. This show is for Australian entrepreneurs, small business owners, and anyone looking to build a successful and fulfilling business that aligns with their values. So grab a cup of coffee, tune in, and get ready to figure it all out with us!
Small Business All Figured Out
JobKeeper Payment: Everything You Need to Know
In this episode, Accountants, Registered Tax Agents and CPA’s Sheryl Cole and Corinne Cole dive deeper into the JobKeeper Payment Scheme and what it means for employers, self-employed people, and individuals by default.
We clarify for you:
- The details of how you, as an employer, will determine your eligibility for the JobKeeper Payment
- The need for $1,500 physical wage payments that must be made to your employees in the two fortnights of April 2020 - and all fortnights beyond - in order for your employees to be eligible for JobKeeper Payment
- The registration process and the documentation to be completed by you and your employees
- How to assess whether you have satisfied the decline in turnover test (the basic test and the alternative test)
- Your monthly reporting obligations to the ATO for the next 6 months
- How sole traders, and other self-employed type individuals can go about registering for the JobKeeper payment; and
- The integrity measures that will ensure fair access to the JobKeeper scheme.
You can learn more about the show hosts, Corinne Cole and Sheryl Cole at: