Tax Tips

  JOBMAKER HIRING CREDIT

The Australian Government has introduced the JobMaker Hiring Credit. The payment provides an incentive for employers to hire young job seekers, by delivering a payment to employers to help support the new employee's wage costs. Eligible employers can receive the payment for up to 12 months (between 7 October 2020 to 6 October 2021) for new jobs that employ an eligible young person. This will result in credits of $200 a week for additional employees aged 16 to 29 years and $100 a week for new employees aged 30 to 35 years who meet the eligibility criteria. To be eligible both the employer and new employee must meet certain eligibility rules, in particular the employee must have been on a government payment in the past three months. The employer must also show an increase in head count along with payroll from the three months prior to the period wanting to claim for.

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MYOB BankLink Business Solutions

MYOB BankLink Business Solutions assist in managing your business without the complexity of a full cash book:

The benefits:

  • Easy to install software
  • Quick and simple to use

MYOB BankLink Invoice Plus

MYOB BankLink InvoicePlus MYOB BankLink InvoicePlus speeds up the invoicing process so you can spend less time in the office and more time on your business.

With MYOB BankLink InvoicePlus, you can:

  • Maintain your customer database
  • Issue quotes
  • Raise invoices
  • Enter receipts
  • Create credit notes
  • Produce statements
  • run reports

Along with MYOB BankLink PayablesPlus, MYOB BankLink InvoicePlus offers a simple solution for managing debtors and creditors without the complexity of a full accounting system.

MYOB BankLink PayablesPlus

MYOB BankLink PayablesPlus is an easy to use creditor's solution. It allows you to track incoming invoices and credit notes – speeding up the payment process to allow you more time to run your businesses.

With MYOB BankLink PayablesPlus, you can:

  • Maintain your supplier database
  • Add notes to invoices, credit notes and payments
  • Match credit notes against invoices
  • Generate a wide range of reports
  • Use our Chart of Accounts to categorise business costs

Along with MYOB BankLink InvoicePlus, MYOB BankLink PayablesPlus offers a simple solution for managing debtors and creditors without the complexity of a full accounting system.