• What's Next? COVID-19

Australian Business & Coronavirus (COVID-19)

The impact of COVID-19 on Australian businesses and their balance sheets is unprecedented. Although the level and type of threats vary greatly across businesses, executives and boards need to rapidly assess their exposure and prepare response plans to ensure they can generate sufficient cash to survive.

To assist you in safeguarding your business, and keeping your business running, our advisers have developed a range of resources.

Accounting News - June 2020

In this edition, we discuss the hot topic of coronavirus, including how to account for COVID-19-related rent concessions, the presentation of COVID-19 results, accounting for the initial and additional ‘cash boost’ government stimulus measures and impacts of COVID-19 on revenue recognition, share-based payments and termination benefits.

Juniper Development Group

Adele Townsend and BDO’s Tax Team, who have been supporting Juniper Development Group for more than eight years, acted swiftly to collate and package the information tenants needed about the various COVID-19 stimulus packages.

Travel exemptions – COVID-19 border measures: Australian Border Force

In this turbulent, ever-changing and interconnected world, Australia’s borders remain closed and reports suggest they will remain closed into at least early 2021.

Homebuilder – the bigger picture for residential construction and the economy

The Australian treasury has announced a Homebuilder grant for eligible owner-occupiers (including first home buyers) to build a new home or substantially renovate an existing home - in a bid to support the residential construction industry.

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