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Happy holidays to you and yours!
On behalf of the entire Banks Group team, we wish you and your family all the excitement, joy and... read more
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FBT and the 2020/21 Festive Season
With the 2020/21 festive season nearing, it is once again worthwhile having a refresher of the Fringe Benefits Tax (FBT)... read more
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Victorian State Budget 2020/21
On 24 November 2020, the Victorian Government handed down its State Budget. The focus of the budget was on the... read more
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Victorian Government’s Small Business Digital Adaptation Program
As a result of the impact COVID-19 has had on businesses’ digital operations, the Victorian Government unveiled the Small Business... read more
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Victorian Music Industry Recovery Program
Creative Victoria recently announced the Victorian Music Industry Recovery Program to provide funding of between $4,000 – $50,000 to successful... read more
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Superannuation news from the Federal Budget 2020-21
There was nothing specific or unexpected announced in relation to superannuation in the Federal Budget 2020-21. However, there are some... read more
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Federal Government delivers 2020-21 Budget
https://www.youtube.com/watch?v=YR5lMYCvPJc Over the last 10 months, we have experienced conditions we have never seen before. As a result of the... read more
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Alternative turnover test rules introduced
As was the case for JobKeeper 1.0, a legislative instrument has now been registered which provides businesses with access to... read more
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COVID-19 is not the only virus in the community… Cyber security threats are always present
As part of our ongoing quality assurance programs, we are advised to regularly review our cyber security policies and reengage... read more
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Third round Business Support Fund guidelines introduced
On 14 September 2020, we sent out a release in relation to the Victorian Government’s $3B business support package pledge. Included in... read more