Top 10 FAQ by Companies Filing Tax Returns for the First Time

Top 10 FAQ by Companies Filing Tax Returns for the First Time

Starting your business and running a company can be daunting, especially when you have limited accounting experience. However, armed with some basic knowledge and by employing the services of a user-friendly accountant, running your business and paying taxes can be a breeze. An accountant is a powerful ally, and can help you navigate the financial minefield, including the dreaded Australian Tax office (ATO)!

JobKeeper Wage Subsidy Update

JobKeeper Wage Subsidy Update

With the end of the financial year just around the corner we highlight below the main points worth considering this tax time. It is worth noting that we would always recommend sitting with your tax adviser who would be best positioned to advise on a tax strategy for your individual business.

30 June 2020 Tax Tips – For Businesses

30 June 2020 Tax Tips – For Businesses

With the end of the financial year just around the corner we highlight below the main points worth considering this tax time. It is worth noting that we would always recommend sitting with your tax adviser who would be best positioned to advise on a tax strategy for your individual business.

Court Ruling on Casual Entitlements

Court Ruling on Casual Entitlements

In a landmark ruling on Wednesday, the Federal Court confirmed a casual mining worker employed by labour-hire firm WorkPac was entitled to paid leave — a decision that could drastically change payroll costs for many firms.The Australian Industry Group was quick to...
Innovation and Leading Industries in a Recession

Innovation and Leading Industries in a Recession

Your Survival Guide This article is about highlighting what’s possible and what to do going into the very likely recession ahead. It’s about what we do as leaders to ensure we’re leading our business and our people effectively. It’s about creating businesses that...
Managing Cash Burnout

Managing Cash Burnout

During this time of crisis, we must slow the cash burn. The income that you’ll be generating is no longer there or is non-existent, so it is important to understand your cash flow.And even with restrictions being lifted in phases, it’s prudent to be able to protect...
Make Informed Decisions with Your Recession Response Plan

Make Informed Decisions with Your Recession Response Plan

Sadly, COVID has shaken so many businesses who have not had a chance to put a recession response plan in place: Contracts cancelled, increased staff attrition, sales way off target!What will happen in the future; how the government will react and what the new normal...
Recession-proof your business through the COVID-19 crisis

Recession-proof your business through the COVID-19 crisis

Many self-employed Australians are getting nervous about the possible recession effects of COVID-19 as their income is less manageable at this time.The best thing self-employed people can do is to review their cash flow. Doing this can help mitigate risk and prepare...
Job Subsidy for Sole Traders

Job Subsidy for Sole Traders

Businesses will receive a fortnightly wage subsidy up to $1,500 per employee to prevent millions of people from losing their jobs to the pandemic.