Coronavirus Stimulus Package 3

A subsidy of $1,500 per fortnight per employee, administered by the ATO, will be paid to businesses that have experienced a downturn of more than 30% (50% for businesses over $1bn).

Coronavirus Stimulus Package 2

The Government yesterday released a second, far reaching $66.1 bn stimulus package that boosts income support payments, introduces targeted changes to the superannuation rules, provides cash flow support of up to $100,000 for small business employers, and relaxes corporate insolvency laws. 

COVID-19 Minimising infection risk for you, our team and the community

Forsyths is mindful of the role we play within our communities in minimising the spread of COVID-19.  In caring for our team and our clients, this week we have implemented a number of new policies designed to reduce unnecessary exposure within the New England North West. 

The Stimulus Package: What you need to know

The Australian Government has released a number of support measures for individuals and businesses in response to the financial impact of the Coronavirus.

We have some exciting news.

We have recently finalised negotiations with Edwards O’Connor Chartered Accountants (Tamworth, Glen Innes and Narrabri) to join with Forsyths in a merger effective 1 July 2020.

Our growing team at Armidale settles into their new contemporary space

In a new and contemporary approach, the 800 square metre space offers a light and collaborative area for clients to hold meetings, a central kitchen for clients and the Forsyths team and large open plan seating areas suggestive of a Google or Yahoo style office arrangement

Forsyths Team News

Erica Hoy has just completed her Chartered Accountant Program with Chartered Accountants Australia and New Zealand.

Forsyths Community News

Keep up-to-date with us on all the latest news around our region and our community.

Tamworth Meals on Wheels – 5000 meals a month

Forsyths Principal, Phil Bolton is the Honorary Treasurer of Tamworth Meals on Wheels. Phil has fulfilled this role for more than ten years and has recently introduced Forsyths Business Services Manager, Emily Fritsch, to the organisation as well.

New Xero Support Specialist

In response to the growing number of clients moving to cloud based accounting we’re excited to announce that Forsyths will soon employ a Xero Support Specialist within our growing team.

Superannuation Guarantee amnesty legislation re-tabled

The legislation to establish a one-off amnesty for historical underpayment of superannuation guarantee (SG) has been re-introduced in a bill to go before parliament.

Interest rate lows

Record low interest rates, with the official cash rate at 0.75% provide potential opportunities for some and a need for repositioning for others.