A SPECIAL MESSAGE FROM BONGIORNO

Headlines from around the world are firmly centred on the global economic impact of Coronavirus. To help buoy the Australian economy in these difficult times, the Federal Government has introduced a stimulus package worth nearly $18 billion.

In this extraordinary edition of our newsletter, we explore the stimulus package in greater detail.

We also touch on the NSW stamp duty exemptions for small business insurance.

Finally, rest assured, it’s business as usual here at Bongiorno. That said, in the unlikely event that our office needs to close as a result of the Coronavirus distancing measures, you can still contact your advisor. Just send an email and they’ll call you straight back. If you prefer, we’re also more than happy to conduct meetings by ZOOM.

Bongiorno (NSW) Group

CORONAVIRUS: FEDERAL GOVERNMENT STIMULUS PACKAGE

As the economic knock-on effects of the Coronavirus pandemic continue, the Australian Government has implemented an $18 million stimulus package to boost the economy and save jobs. For your information, details of the package are outlined below.

Read full article >>

STAMP DUTY EXEMPTIONS FOR SMALL BUSINESS INSURANCE

Did you know that, If you are classified as a small business (turnover <$2m) in NSW, you are exempt from paying stamp duty on most forms of business insurance?

Read full article >>

IMPORTANT DATES

31/3/20: 2019 tax return lodgement date for high taxpayers

28/4/20: March 2020 BAS due date for self lodging taxpayers

15/5/20: 2019 tax return lodgement date for all other taxpayers

25/5/20: March 2020 BAS due date for BAS’s we prepare

Disclaimer: Whilst every attempt has been made to verify the information provided in this newsletter the Bongiorno (NSW) Group assume no responsibility for any errors, omissions, lack of care, default, negligence or contrary interpretation of the subject matter. This e-newsletter is general advice and has been prepared without taking account of your objectives, financial situation and needs and because of that you should, before acting on anything in this e-newsletter, consider the appropriateness of the advice to your financial situation, needs and objectives. If this general advice relates to acquiring a financial product, you should obtain a Product Disclosure Statement before deciding to acquire the product.

Privacy: The Bongiorno (NSW) Group respects your privacy. Personal information held by the Bongiorno (NSW) Group may have been used to enable you to receive this e-newsletter. If you do not wish your personal information to be used for this purpose in the future please click the unsubscribe button at the top of this e-newsletter.

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