side-area-logo

Latest News

Small businesses: don’t forget your FBT concessions

 

If you own a small business still recovering from the COVID-19 induced downturn, remember that you can take advantage of FBT concessions to lower the amount of FBT you may need to pay. 

 

Continue
5 strategies for successful ‘work from home’ policies

As Australian businesses implement work from home arrangements as part of their business contingency plans, managers need to consider how to accommodate telecommuting arrangements without sacrificing productivity and team dynamics, says one recruitment firm.

Continue
ATO Revs Up As JobKeeper Set To End In March 2021

 

Although 2020 saw a temporary lull in the ATO and State Revenue Office’s usual activity level due to the COVID-19 pandemic, 2021 is already set to be as busy as ever when it comes to audits and reviews initiated by government revenue authorities.

 

Continue
ATO tipped to pounce once JobKeeper ends

 

With JobKeeper ending in four weeks, small businesses have been urged to “act early” on exploring their insolvency options before the ATO moves on recouping debts.

 

Continue
Contributing to Superannuation

 

Superannuation remains the best available form of an individual retirement savings plan, in spite of continuing government changes.

 

Continue
Cost of retirement up in December quarter

 

The cost of retirement for Australians has gone up, with the increases in health insurance and domestic holiday prices, according to the Association of Superannuation Funds of Australia’s (ASFA) latest figures.

 

Continue
‘Much more complex’: ATO introduces new partnership profit guidelines

 

The Tax Office has released long-awaited partnership profit guidelines, three years after it first commenced a review of how professional firms engage in income splitting.

 

Continue
ATO’s good-faith approach to crypto won’t last much longer

 

The ATO has maintained its good-faith approach to the accounting of cryptocurrencies, though it isn’t expected to last much longer, says a national tax and accounting network.

 

Continue
Country GDP 1800 to 2040

 

The information in this chart is fascinating from both an historical perspective as well as what it predicts.  It also guarantees you'll be the BBQ expert every time.

 

Continue
Small businesses urged to register assets before insolvency explosion.

 

The Australian Small Business and Family Enterprise Ombudsman (ASBFEO) Kate Carnell says it is essential for small business owners to secure their assets and business loans, with economists predicting a steep rise in insolvencies this year.

 

Continue