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February 2021 Newsletter

Inside this month we explore: 

  • "Elevate" - 2021 FMA Conference
  • Selling Your Business (or Looking to Buy?) 
  • Winding-Up: Simplifying Small Business Insolvency 
  • February Tax Update
As always, please get in touch with our office should you wish to discuss any of the content further.
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The JobMaker Hiring Credit
JobMaker is a credit available to eligible businesses and non-profit entities that create new jobs (not if you are merely replacing someone who left). The hiring credit is available for jobs created from 7 October 2020 until 6 October 2021.

Summary: 
  • The first JobMaker period ended on 6 January 2021.  
  • The ATO have extended the enrolment deadline so that clients can enrol for JobMaker at any time before the end of the claim period for the relevant JobMaker period. 
  • For the first JobMaker period, which ended on 6 January 2021, the claim period ends on 30 April 2021. This means that the deadline for enrolling with the ATO for entities wanting to make a JobMaker claim for that period is also 30 April 2021.
  • Claims for the first JobMaker period can be made from 1 February 2021. 
There was too much information to fit into this month's newsletter so similar to other COVID-19 measures, FMA has put together a comprehensive client guide with all the detail.

Click the button below to access our full guide. 
 
Read More Here

FMA Recruitment

We are strengthening the FMA team to help support our clients at a time when they need us the most.

Do you know an experienced and qualified accountant who would thrive at FMA? How about an enthusiastic, fast learner to join our administration team?
 
If so, please forward their details to careers@fmapartners.com.au
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FMA Partners Pty Ltd · Suite 5 379 Port Hacking Road · Caringbah, NSW 2229 · Australia

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