As our economy heads towards a recession, now is the perfect time to conduct a business ‘health check’ so that you come out the other side improved and ready to... read more →
Most businesses have now determined their eligibility for the JobKeeper payment, but with the scheme about to commence, the questions are turning to what steps are next to administer the... read more →
A framework to help business owners to see their situation through a different lens and move upward. MELTDOWN. If you need to have a meltdown, do it. Negative emotions will... read more →
Thousands of small businesses across NSW struggling to cope with the COVID-19 shutdown will receive grants of up to $10,000 under a new assistance scheme announced today by Premier Gladys... read more →
The Australian Taxation Office (ATO) issued a special edition Business Bulletin yesterday, 16 March 2020, which contains information about how the ATO can support your business during the COVID-19 crisis.... read more →
With the recent bushfires devastating many parts of Australia, it is not a top priority to be thinking of tax obligations, either personal or business related. In the event that... read more →
The business deals you make or don’t make can drastically change the course of your company, so it is important that you enter negotiations well prepared. Research: Have a well... read more →
The end of year period is a busy time for everyone, not just at work but preparing for the holidays and the New Year. For retailers, a large portion of... read more →
The taxable payment reporting system (TPRS) has extended to further businesses that provide particular services or pay contractors to do so. The extension was approved on 1 July 2019. Road... read more →
How often do you give your business finances a tidy-up? As another end-of-financial-year rolls by, now is a good time to undertake a bit of housekeeping. The stresses of running... read more →
Single Touch Payroll (STP) is changing the way employers report their workers’ tax and super information to the ATO. Employers are expected to report information on a variety of areas... read more →
The holiday period is the perfect time to declutter your documents but avoid throwing out those essentials you need to keep. Since different rules apply to different documents, the length... read more →
The holiday rush can be your most profitable time of the year so long as your small business is set up for success in the Christmas period. For many businesses,... read more →
The Christmas party is a joyous event, but it is also a work-sponsored function, and you have a duty of care to provide to your staff on the night. When... read more →
Businesses with an annual turnover less than $10 million (from 1 July 2016) can claim the $20,000 instant asset write-off. Eligible businesses can take advantage of the instant asset write-off... read more →
The sharing economy has become a big part of daily life. It’s become easy to hop on an app for a ride-share, find a place to stay or hire someone... read more →
Running your own business can be extremely rewarding but there will always be times when it will be quite the opposite. Depending on the business, many factors will determine the... read more →
As a hard-working small business owner you've spent years building your own livelihood and now, for whatever reason, you've decided the time has come to sell or close down your... read more →
When developing a business or coming up with a new idea, there will always be people that focus on the negative; they say you can’t do it, that something will... read more →
It’s a common question asked by employees: “what should I do about my super?” If you are an employer or manager and feel confident of your knowledge of superannuation and... read more →