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Helping you reduce tax, protect your interests, and grow your income as professional business advisors and accountants.
2020 Stimulus Package for Small Businesses
2020 Stimulus Package for Small Businesses In response to the ongoing COVID-19 pandemic in Australia, the Federal Government has announced a raft of economic stimulus measures aimed at cushioning the impacts of COVID-19 on the Australian economy. The 2020 stimulus package for small businesses is designed to support business investment, help small to medium businesses
Small Business Tax Deductions – Deduction Rules
Small Business Tax Deductions – Deduction Rules The 2020 tax season is still a few months away, but it’s never too early to start preparing all the paperwork for this year’s annual tax return. Keeping abreast of all the various pieces of information you need to compile your tax return is no small feat and
Business Matters Q1 2020
Going into 2020 is a great time for business owners to take a step back and think about what they can do to improve on previous years. The beginning of the year offers a sense of renewal, a chance to take time and hopefully perform better going forward, both personally and in business. Even if you are satisfied with your business’s performance, it is no excuse to sit back and leave things to be done how they were before. There is always room for improvements in every business, so with that in mind here are a few areas you can focus on in the new year.
Is a Self-Managed Super Fund Right for Me?
A self-managed super fund (SMSF) is one way you can save for retirement however it is not the right choice for everyone. Before you decide whether a SMSF may be right for you we have compiled the following information to help. What is a SMSF? A SMSF is a superannuation trust structure that provides benefits
Positive Business Culture
Creating an inclusive workplace environment and positive business culture for all employees can increase productivity, provide positive wellbeing and deliver retention benefits. An inclusive workplace is one that sees a diverse range of people encouraged to provide their own individual skills, knowledge and background to the business. When people have a sense of community, they
ATO takes strong stance on superannuation compliance
The ATO will be enforcing stricter penalties regarding superannuation compliance for employers who fail to meet their superannuation guarantee (SG) obligations. Penalties have been introduced to hold employers who are unable or unwilling to meet their SG obligations accountable. This includes non-payment, under- payment, or late payment of super contributions to an eligible employee’s complying