Retrain your staff with the tax man's help For many business owners, fear of incurring a Fringe Benefits Tax (FBT) bill has kept them from retraining and re-skilling their employees to perform different roles or activities within the business. But…
The Government has announced additional assistance for those businesses impacted by the NSW lockdown. COVID RELIEF PACKAGE Businesses to receive 40% of their NSW payroll payments, from a minimum of $1,500 to a maximum of $10,000 per week Business without…
Running a business keeps you pretty busy, so it’s easy to overlook the help that’s available. Many small businesses don’t realise the government offers a range of valuable concessions that can make a real difference to their annual tax bill.…
With the rise of the gig economy, correctly working out whether you are hiring an employee or simply engaging an independent contractor has never been more important. Getting it wrong can be costly, as a recent court ruling shows. A…
Cars and tax – what can you claim? With transport costs for Australian families continuing to rise, claiming some of your expenses back at tax time sounds great, but it’s important to get it right if you don’t want to…
Negotiation is a fact of life. We do it with our friends and families all the time – ‘I’ll pick up the kids, can you do dinner?’ – deals like this are so easy, so normal that we don’t even…
As the economy begins to get back on its feet, it’s time to get your business back on track and start preparing for this year’s tax time. Although 30 June may seem a long way off, there have been so…