New Employee Payroll Setup & other obligations
CURRENT AS AT 11 Oct 2022 Have you recently hired a new employee or thinking about paying yourself a wage from your company or trading...
SYDNEY LOCKDOWN GOVT SUPPORT - Individuals & Businesses (NSW)
**UPDATED 13 AUGUST 2021* We have summarised the ever changing government support payments below (sorted into one off grants and ongoing...
FEDERAL BUDGET 2021 - an overview
This Federal budget was not very eventful but there were a few key changes announced. We have summarised the tax changes below: LOW &...
Rolling over a Sole Trader to a Company
If you have been thinking about changing from a sole trader to a company please STOP and read below. Some of the reasons that you may...
When to register for GST (2 min read)
Knowing when it is time to register for GST is an important part of running a business and one that is often overlooked or misunderstood....
JOBMAKER EXPLAINED (5 min read)
In our earlier blog post we briefly discussed the Federal Budget announcements, in this post we provide a more detailed overview of...
INSTANT ASSET WRITE OFF EXPLAINED (5 min read)
In our earlier blog post we briefly discussed the Instant Asset Write Off and how it has been increased from $150,000 to have no cap for...
FEDERAL BUDGET 2020 - an overview
This Federal budget may be the most important one in over a decade, so what is in it for you? Below we have summarised the key points for...
Why your tax refund can vary from year to year (2 min read)
There are many reasons that your tax refund may vary from one year to the next, sometimes you may not get a refund and might have to pay...
CASH FLOW BOOST explained
The Government is providing temporary cash flow support to small and medium businesses and not-for-profit organisations that employ staff...