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2021 07 StewartBrown Aged Care Financial Performance Survey Sector Report - March 2021

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The StewartBrown March 2021 Aged Care Financial Performance Survey incorporates detailed financial and supporting data from 1,174 aged care homes (95,097 beds/places) and 45,306 home care packages across Australia. The quarterly survey is the largest benchmark in the aged care sector and provides invaluable insight into the trends and drivers of financial performance at the sector level and at the aged care home or programme level.

Click here to download a PDF copy of the March 2021 Aged Care Sector Report.

If you have any queries regarding this report or on any of our audit and assurance or consulting services, please do not hesitate to contact our office on (02) 9412 3033 or call 0429 680 785.

2021 06 StewartBrown 2021 Year End Tax Planning Checklist

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For the information of clients we enclose this checklist which you may find helpful in planning your year-end tax strategies. Careful planning (and in many cases timing) is even more important this year. Please contact your StewartBrown Manager or Partner should you need any assistance with understanding or applying the below.

Here’s a quick summary of what you need to consider for yourself and your business before the end of the financial year.

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2021 Federal Aged Care Budget Impact Analysis

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The Aged Care Sector is at a critical juncture both in terms of fulfilling its obligations to residents and care recipients as well as remaining financially sustainable. The Royal Commission into Aged Care Quality and Safety determined that the current system is not fit for purpose and made 148 Recommendations in its Final Report. These recommendations were made to remediate the current system and to bring it up to a standard that is sustainable and meets the care needs and safety expectations of older Australians and their families.

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Federal Budget 2021 – How will it impact you, your business and your superannuation?

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The Federal Budget has been delivered and has focused on continuing to stimulate the economy out of the COVID-19 induced recession. The Government has emphasised spending in order to bolster economic recovery.

As with all Budgets, these are announcements only and have not been legislated. The details are still to be worked through, and both Houses of Parliament need to pass legislation before the announcements take effect.

The key personal, superannuation and business-related tax highlights of last night’s Budget are summarised below:

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2021 04 StewartBrown FBT Newsletter

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FRINGE BENEFITS TAX ("FBT")

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If you or your business have historically been using AUSkey to access Government portal and websites, you will need to make changes before March 2020 as Auskey is being decommissioned. The new replacement service is called myGovID. It will continue to be a secure login that identifies an individual operating on behalf of a business when using Government online services.

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StewartBrown
ABN: 63 271 338 023
Level 2, Tower 1,
495 Victoria Avenue

Chatswood, NSW, 2067
Tel: (02) 9412 3033
Fax: (02) 9411 3242
info@stewartbrown.com.au


StewartBrown Advisory Pty Ltd
ABN: 19 143 011 750
AFSL: 355134
Level 2, Tower 1,
495 Victoria Avenue

Chatswood, NSW, 2067
Tel: (02) 9412 3033
Fax: (02) 9413 4202
info@stewartbrown.com.au

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