News

West Carr & Harvey new director announcement – Brent Hewitt

Brent is a trusted resource in the Geelong region, having provided extensive advice and services to small to medium sized businesses for over 12 years.

Brent is recommended for his business acumen and specialises in transactional and valuation advice in addition to providing business and individual tax services.

His industry knowledge sees him regularly providing advice to medical professionals, professional services firms, retailers, manufacturers, primary producers and land developers.

Brent’s ongoing success is the result of his detail-focussed dedication to his clients with a commitment to achieving positive business and tax outcomes.

Brent has particular expertise in:

  • Business and individual tax advice and compliance
  • Structuring for tax effectiveness and asset protection
  • Capital Gains Tax and small business CGT concessions
  • Business valuations and assistance services for legal purposes
  • Shareholder transactions
  • Business restructuring

Brent’s qualifications include:

  • Master of Professional Accounting
  • Bachelor of Commerce (B.Com)
  • Chartered Accountant (CA)
  • Chartered Tax Advisor (CTA)

brent@westcarrharvey.com.au

https://www.westcarrharvey.com.au/people-and-careers/our-people/brent-hewitt

Adroit Insurance & Risk – Geelong Business Bites with Wildlife Wonders

Adroit are so excited to announce the launch of our new video series, The Adroit Insurance and Risk – Geelong Business Bites. Each episode will showcase some of the amazing Geelong, Surfcoast and Bellarine businesses and their owners. You will hear their stories of successes, challenges and goals for the future.
In this first video, Lizzie from Wildlife Wonders describes how they experienced significant fraudulent activity and the impact on the business. Lizzie explains how Adroit Insurance and Risk partnered with them to ensure the best possible outcome.

2021-2022 Financial Year Calendar

Please see below our latest Financial Year Calendar for your reference. For a printable pdf, please click anywhere on the image below or click here to download.

The most important changes from 1 July 2021 are the following:

  • The concessional contribution cap will increase from $25,000 to $27,500.
  • The non-concessional contribution cap will increase from $100,000 to $110,000.
  • You may be able to contribute up to $330,000 of non-concessional contributions in one year under the bring forward rule.
  • The temporary reduction in minimum superannuation draw down rates will continue for another year.

 

No entries match your request.

EOFY Sale

End of Financial Year Sale – Up to 75% off RRP – Save up to $1,000 – includes Fires, BBQs and accessories only while stocks last!

https://aboutbbqs.com.au/

No entries match your request.

Thank you for your support

birch

Superannuation Guarantee update

As of 1 July 2021, the “Superannuation Guarantee” will be increasing from the current 9.5% to 10%. This means that by law, all employers will need to be paying 10% of eligible employees’ earnings from 1 July 2021 to their nominated superannuation fund.

Generally speaking, superannuation eligibility extends to full time, part time and casual employees who are over 18 years of age and earn more than $450 a month. More info on eligibility can be found on the ATO website.

Employee communication and budgeting
It will be important to identify and communicate this news to employees who are paid on a “superannuation inclusive package” as this may mean that their take-home income will reduce.

While it may seem welcome news to employees who are paid their superannuation on top of their income, employers will need to budget for this increased cost to the business.

Paying on time
As an employer, in order to ensure your superannuation processes are compliant with this change, it is important to have updated your payroll systems prior to the first pay run following 1 July 2021. With data-matching facilities in place, the ATO will be monitoring compliance and enforcing penalties so we strongly suggest preparing now for the change.

Need help?
If you need guidance on the how to update your processes or budget for the upcoming change, please feel free to contact us and we can advise the best way forward for you and your business.

Why is this happening?
The Federal Government put this increase in place to ensure Australians accumulate more superannuation for retirement and decrease the dependence on pensions.

This update forms part of a greater scheme to gradually increase mandatory superannuation contributions to 12% by 1 July 2027. The increase dates can be found here.

https://www.westcarrharvey.com.au/news/788-superannuation-guarantee-update

Marketing & Memberships Administrator - Anglesea Golf Club

Anglesea Golf Club – Sponsorship Opportunity

Sponsorship

Partner with us for Open Week and the Pro Am – Sunday 17th October to Monday 25th October 2021

Open Week has been a part of the Anglesea Golf Club calendar since 1954 and is one of Victoria’s premier weeks of golf. Approximately 1500 competitors from Clubs across Australia compete in 10 events over eight days of friendly competition.

The Pro Am has been run at Anglesea Golf Club since 2000 and provides a day for golfers to play and compete with the Pros (Monday 25th October 2021).

An opportunity to provide excellent exposure for your business amongst our members and guests, we have packages available from $300 up to $4000.

For more information please email Monika Ewen via marketing@angleseagolfclub.com.au

https://angleseagolfclub.com.au/

COVID-19 Business update

Last week, the State Government announced a $250.7 million package to support Victorian businesses during the current circuit breaker lockdown.

The package features initiatives for small to medium-sized businesses and sole traders.

Business Costs Assistance Program
The Business Costs Assistance Program will provide $2,500 grants for eligible businesses directly affected by the circuit-breaker industry restrictions, including restaurants and cafes, event suppliers, accommodation providers and non-essential retailers.

The program will open for applications on Wednesday 2 June, 2021 and will remain open for three weeks.

Register your interest in the program and be alerted when applications open on Wednesday.

Licensed Hospitality Venue Fund 2021
Licensed Hospitality Venue Fund 2021 program provides businesses holding an eligible liquor licence and food certificate with a $3,500 grant per premises.

The program will open for applications on Wednesday 2 June, 2021 and will remain open for three weeks.

To be alerted when applications open, register your interest for the program.

Victorian Events Support Package
A $20 million Victorian Events Support Package was also announced, to support operators in the events industry impacted by the circuit breaker lockdown.

The details of this package are expected to be released soon.

To learn more about the Circuit Breaker Business Support Package, visit the Business Victoria website.

For more information on all circuit breaker restrictions, visit the Victorian Government’s Coronavirus website.

If you would like further information, or to talk through your situation, please contact Council’s Economic Development Team on 5220 7111 or business@gplains.vic.gov.au.

New date! You’re invited to our first Localised Meetup for 2021

Together with our event partners, West Carr & Harvey and Adroit Insurance & Risk, we have decided to postpone next week’s Localised Meetup at GMHBA Stadium due to the current restrictions.

But in good news, we have rescheduled to a new date: Thursday 22 July 2021, 9.30-11am.

What’s on offer this meetup:

– West Carr & Harvey along with Adroit Insurance and Risk present an expert panel on “Bouncing Back: what’s happening in business across Geelong and what we’ve learnt post-COVID.”

– Discover local services and products and explore opportunities for your business

– Network with other business owners and share your experiences, challenges, and success stories

Register here: ticketing.localised.com.au/events/localised-meetup

We look forward to seeing you all!

Director OWC (and Co-Founder of Clann) - One World Consulting
business relationship

FREE eRAD (Relationship Alignment Diagnostic) trial worth $100+

Hi Localised community,

As we enter yet another lockdown I thought I would offer something of value ($100+) for anyone that has 20 mins or so to spare this coming week.

High performance business relationship management is one of the fastest growing areas in business management today. The pressing need for an engaged workforce together with high performance alignment of strategy, structure, process, people and culture has put a renewed focus on relationship management.

I am accredited in the 0to10 Relationship Management framework developed by international author Tony Lendrum that helps organisations understand what high performance relationships are, how to implement and sustain them and how their business can benefit from them.

We are now offering a FREE trial of the unique online 0to10RM eRAD to complete a survey and get a detailed report on a business relationship of your choice.

So give it a try with a key customer or supplier in mind and see what you learn.

All the best

Liam McFadden

One World Consulting

https://oneworldconsulting.ck.page/free-erad

eRAD2