INSIGHTS | NEWS

Record numbers of businesses are facing insolvency, and one major reason? The ATO is cracking down on unpaid tax debts – no longer acting as a safety net for struggling businesses. With tax debt..

The clock is ticking! If your company has undertaken eligible research and development (R&D) activities during the 2023–24 income year, you must register for the R&D Tax Incentive by 30 April 2025.

Running a business in Sydney comes with its own set of challenges, from managing cashflow to ensuring compliance with Australian tax regulations. Having the right business accountant by your side can..

In today’s fast-paced business environment, understanding your cashflow is crucial for making informed decisions and ensuring the longevity of your business. A cashflow forecast is an essential tool..

As the end of the financial year (EOFY) approaches, business owners are gearing up for the annual tax season. While it’s tempting to leave tax preparation until the last minute, early tax planning..

What is FBT and When Does the FBT Year Run?

On Tuesday, 25 March 2025, Treasurer Jim Chalmers delivered the highly anticipated 2025–2026 Federal Budget, outlining the government’s plan for the economy in an era of global uncertainty. 

The..

The Australian Government’s Industry Growth Program is designed to support Startups and Small to Medium Enterprises (SMEs) in commercialising innovative ideas and scaling their businesses. Whether..

As the new year begins, it's the perfect time to reflect on your business's progress and set clear priorities for the months ahead. Here are five key areas to focus on to ensure your business thrives..

As we step into 2025, artificial intelligence (AI) continues to revolutionise how businesses operate. Small businesses, once limited by resources and budget, can now leverage AI to scale and compete..

For many business owners, the distinction between personal and business resources can sometimes blur. The business often feels like an extension of their personal life, leading to occasional missteps..

The Export Market Development Grants (EMDG) online portal remains open for the following grant categories: 

The festive season is the perfect time to show appreciation to your clients and employees. While giving gifts can strengthen relationships and boost morale, it’s also important to consider the tax..

Running a successful medical practice requires more than just top-notch patient care; it demands strategic financial planning and efficient accounting. Doctors are often so focused on patient care..

Choosing the right accounting company is a critical decision for your business's financial health and compliance. While many accounting companies can provide essential services, not all are equal.

In today's interconnected world, expanding your business internationally is more attainable than ever. If you've been considering promoting your products or services overseas, now is the perfect time..

In today’s rapidly evolving business landscape, organisations face a multitude of challenges that demand constant adaptation and strategic thinking. Whether it’s the need to keep up with..

In today's digital landscape, cyber threats are a growing concern for businesses of all sizes, especially small enterprises. With limited resources and expertise, small businesses often find..

Effective accounting and cashflow management are essential for maintaining financial stability and driving business growth. With the right strategies, businesses can avoid cash shortages, enhance..

In the early days of a startup, founders are hyper-focused on product development, customer acquisition, and securing funding. They’re moving fast, iterating quickly, and doing whatever it takes to..

October is an exciting time for small businesses across New South Wales, as it marks Small Business Month – a dedicated celebration of the entrepreneurial spirit that drives our local communities. ..

Starting from 1 July 2026, employers in Australia will be required to pay their employees' superannuation contributions at the same time as their salary and wages. This marks a significant shift from..

Economic loss reports are essential tools for individuals facing financial disputes or claims. Whether it's due to a breach of contract, business interruption, or personal injury, an economic loss..

Running a medical practice is no easy feat. Between patient care, managing staff, and navigating ever-changing regulations, your focus is understandably on providing the best possible healthcare. ..

Are you ready to pay up to 200% of the SGC (Super Guarantee Charge)?

As medical professionals, doctors excel in diagnosing and treating patients, but when it comes to managing finances, even the best practitioners can sometimes falter. Handling the complexities of..

Starting a new business is an exhilarating journey filled with innovation and growth opportunities. As a startup founder, understanding the basics of accounting is crucial for making informed..

Effective medical accounting is critical to driving the growth of your healthcare practice. In the ever-evolving landscape of healthcare industry, maintaining a thriving practice goes beyond..

The theory of goal setting emphasises that setting specific targets creates a powerful sense of motivation, excitement, and a drive to succeed. When a goal is clearly defined, it not only provides..

As the end of the financial year (EOFY) 2024 approaches, it's crucial for business owners to ensure their financial and operational affairs are in order.   The EOFY is not just about meeting..

The start of the new financial year brings a number of important changes that will impact businesses. Below, we've highlighted some of the key updates you need to know to ensure your business stays..

The end of the financial year (EOFY) is an important time for businesses. It’s essential for businesses to start preparing to ensure a smooth transition and to maximise their tax benefits. By..

In the competitive landscape of the tech industry, where user expectations evolve rapidly, the success of a tech startup is intricately tied to the success of its customers. A dedicated focus on..

Running a successful medical practice involves more than just providing quality healthcare services. Efficient financial management is crucial for the sustainability and growth of your practice. One..

The Research and Development (R&D) Tax Incentive serves as a powerful tool for businesses looking to fuel innovation, build new products, and boost financial performance. However, the journey from..

The difference between tech startups thriving and merely surviving often comes down to the collective mindset within the organisation. Cultivating a growth mindset, where challenges are viewed as..

In a significant leap towards fostering innovation and entrepreneurship, Western Sydney University has proudly unveiled its latest initiative — the Ignition Startup Accelerator. This ground breaking..

In the world of small business, where decisions can make or break the future, having a roadmap is crucial. Financial modelling offers a multitude of advantages that can transform the trajectory of a..

Timing is everything, especially when it comes to paying bonuses to employees!

Running a successful medical practice involves more than just providing excellent patient care; it also requires effective financial management. In the complex world of healthcare, accounting for..

The holiday season is a time for joy, celebration, and giving. For businesses, it's also a time to navigate the complexities of Fringe Benefits Tax (FBT) when planning Christmas parties and giving..

The Australian Taxation Office (ATO) is sending a clear message to the small business sector — there's no room for leniency when it comes to overdue payments. Commissioner Chris Jordan, in a recent..

In the ever-evolving landscape of the tech sector, where innovation is the heartbeat of progress, understanding your cashflow or operating cycle is fundamental to sustainable growth. 

In the dynamic landscape of Australian startups, accessing Government Grants can be a game-changer. There are over 500 Government Grants and funding for new and existing businesses in Australia...

The festive season — a time of joy, celebration, and, unfortunately, potential tax headaches. As you gear up for the holidays, consider these tips to ensure you and your business don't end up with a..

Business valuation is like holding a mirror up to your company, reflecting its true essence. It's not just a number; it's the DNA of your business, decoded and laid bare. But, before we dive into the..

Earlier in the year, the NSW Treasurer, Daniel Mookhey, announced that a range of popular funding programs for early-stage companies would be put on hold as part of a "comprehensive expenditure..

Setting up a company in Australia can be a rewarding venture, but it comes with its own set of challenges. From choosing the right business structure to managing accounting intricacies, there's much..

You've set your sights on the bustling market of China for expanding your business. Wise choice! However, diving into this colossal market requires more than just ambition — it requires a strategic..

Embarking on the journey of managing your own financial destiny through a Self-Managed Superfund (SMSF) is both empowering and rewarding. Whether you're navigating the world of superannuation for the..

If your company conducts eligible R&D activities, it's important to register them with AusIndustry within 10 months of the end of your income year to claim the R&D Tax Incentive. If you don't..

Australia's robust corporate governance framework is known for its transparency, accountability, and adherence to international best practices. Understanding and complying with these regulations is..

In the ever-evolving world of business, the right financial leadership can be the difference between thriving and merely surviving. As an entrepreneur or business owner, one of the pivotal choices..

Setting up a Self-Managed Superannuation Fund (SMSF) is a significant financial decision that offers you greater control and flexibility over your retirement savings. While it provides opportunities..

When you think of business accountants, you might picture them hunched over calculators and spreadsheets, meticulously crunching numbers. While this image isn't entirely inaccurate, it only scratches..

Failing to keep up with your daily, weekly and monthly accounting tasks is like piling up the stock in your warehouse and then trying to find a particular item a month later. Just as you would take..

Self-Managed Super Funds (SMSFs) offer individuals more control and flexibility over their retirement savings. However, with great power comes great responsibility, and one of the critical aspects of..

Last week, the Australian Taxation Office (ATO) issued a warning about the rising volume of scams impersonating the organisation, urging taxpayers to stay vigilant when completing their tax returns...

"A leader’s lasting value is measured by succession" - John C MaxwellEvery company must prepare for the future and this preparation lies in the succession planning process. Effective business..

'Payday Super' aims to provide a much-needed boost to employee superannuation funds across the country, but what does the change mean for employers? Since being announced, the reform has received a..

So, you've decided that it's time to exit your business and you are looking to sell, but how do you determine a fair selling price? Business owners and potential buyers usually have two very..

It is officially Fridge Benefits Tax time, which means that the FBT return deadline is just around the corner. If you have provided your employees with any fringe benefits during the year, you will..

The 2023-24 Federal Budget presented a number of measures to address some of the major pain points for Australians, from housing and cost-of-living relief packages to overhauling Medicare and..

You've invested a huge amount of time and effort to build your business into what it is today and now that you've decided to sell your business, you want to make sure that you get the best possible..

We've all heard the saying "You need to spend money to make money", but without proper budgeting and financial planning, businesses can end up overspending and amassing too much debt, making it..

You can find dozens of accounting firms by simply searching "tax accountants near me", but finding the right tax accountant for your business takes careful consideration. Unfortunately, there is no..

If you are a foreigner looking to register a company in Australia or intend to sell products digitally in Australia under a foreign parent company, it's important to understand the difference between..

Company directors are responsible for ensuring their company's tax and super obligations are reported and paid on time.If your company has an overdue debt with the Australian Taxation Office (ATO)..

A disorganised estate can leave a major burden on your loved ones. Without a valid Estate Plan, assets may fall into the wrong hands or get tied up in the court system, and you may end up..

Cash Flow Management is crucial for all types of businesses, but it is especially important for tech startups. In the fast-paced world of tech, it can be easy to focus on the big picture and lose..

As a business owner, we know you are always looking for ways to save money and maximise your profits. One of the best ways to do this is by working closely with an experienced tax accountant to..

The Fringe Benefits Tax (FBT) year will come to an end on 31 March 2023. If you have provided any fringe benefits to your employees during the year, your business may be liable for the fringe..

Just a quick reminder that for companies with financial year ends of 30 June 2022, the AusIndustry deadline to apply for the R&D Tax Incentive is 2 May 2023. As 30 April falls on a Sunday this year,..

31 March marks the end of another Fringe Benefits Tax (FBT) year and there have been several significant law and policy updates throughout the year that could greatly impact your obligations.While..

Nurturing employees' creative thinking is critical for tech startups because it helps them to innovate, adapt, engage employees, solve problems, and differentiate their brand. By creating a culture..

Scaling a tech startup is a challenging process that requires careful planning and execution. While rapid scaling can bring significant rewards, it can also present significant risks and challenges..

From 1 July 2025, the wealthiest Australians could pay more tax on their Superannuation. Prime Minister Anthony Albanese has announced that the government plans to introduce a new cap for..

The NSW Government has expanded the funding available under its Minimum Viable Product (MVP) Ventures program. The maximum funding available has increased from $25,000 to $200,000 per company, the..

The Round 3 of the Export Market Development Grants (EMDG) program will be open for 4 weeks, from Wednesday, 15 March 2023, and will close on Friday, 14 April 2023.

Running a small business is no easy task, and accounting is one of the most important aspects of managing a successful business. As a business owner in Sydney, it's crucial to have a solid..

Without trying to sound too much like, well, accountants, it might be important to watch the budget this festive season - if you don’t want to be subject to Fringe Benefits Tax (FBT)!In previous..

As a small business or startup owner in Sydney, cost-effectiveness and efficiency are no doubt at the forefront of your priorities. Engaging an accountant for your small business may seem like a..

For many businesses Tax Planning is a topic that comes to mind briefly when the annual tax return is being prepared and maybe again after it has been submitted. It is often a subject that business..

Export Market Development Grant AustraliaThe Export Market Development Grant (EMDG) scheme is an Australian Government initiative, that provides key financial funding to current and aspiring..

“Revenue is vanity, profit is sanity, but cash is king.”

Ask nearly every small to medium-sized business (SMB) owner or manager what their biggest fear is and they will almost all tell you that it..

"Can this offshore vendor be included in my R&D claim? We spent a lot of money with them.”

This is a question that we certainly aren't foreign to hearing from clients when preparing R&D applications!..

Export Market Development Grant The Export Market Development Grant (EMDG) program is an Austrade initiative that assists Australian businesses in expanding into international markets, by providing..

Businesses rely on accountants to assist with tax compliance requirements, cash flow and financial management, decision-making capabilities, strategy and CFO advisory, and more. These services are..

2022-23 Labor Federal Budget Highlights

On the 25th of October 2022, treasurer Dr Jim Chalmers delivered the Labor Government's first Federal 2022-23 Budget, which pledges to provide cost-of-living..

NSW Small Business Month commences on Tuesday 1 November 2022, providing an opportunity for small businesses to take advantage of the copious resources that the program offers. If you are a small..

Outsourced Finance

Entrepreneurs dream big – and to presume that these aspiring pioneers of world-class innovations aren’t fantasising about accounting, tax, compliance, and payroll doesn’t take much..

Australia presents a myriad of opportunities for businesses seeking global expansion, but before you start a business in Australia it is important that you understand the steps to Company..

October is Cyber Security Awareness Month and an annual reminder for all Australian businesses and individuals to stay secure online. The first steps to online protection are turning on automatic..

If you have a corporate trustee for your Self-Managed Super Fund (SMSF), then you are a Company Director, and need a Director Identification Number (DIN), a 15 digit identification number issued by..

Single Touch Payroll (STP) Phase 2 Reporting started on 1 January 2022 and is now truly underway. According to the Australian Taxation Office (ATO) so far, more than 200,000 employers have started..

When managing a business,  volatility is inevitable – much of which is driven by external factors. However, there are several internal factors that can indicate a company is in financial trouble. It..

Australia is widely regarded as an appealing country for international companies to expand into. Doing business in Australia is seen as a chance to seize unique opportunities in a low-risk market..

Employee Share Schemes (ESS) have gained traction in recent years, due to an increasingly competitive business landscape, roaring entrepreneurship, and recent tax reform.But is it the right option..

The ATO has warned that reports of fraudulent activity involving fake Superannuation investments targeting SMSF trustees have significantly increased.Given that many scammers are highly skilled and..

In today’s era, doing business is fiercely competitive. We’ve seen an explosion of new technologies, innovations, unexpected turbulence in the form of global financial, political and health issues,..

Whilst the ATO took a lenient approach to overdue employer obligation payments in the midst of COVID-19, it’s important to us that businesses, and in particular company directors, are prepared for..

Cyber criminals could take advantage of upcoming major changes to Australian website rules. To protect their digital identity, Australian businesses should take urgent action in coming weeks with..

The climate crisis and the cost of living are two prominent issues at the forefront of many people’s present-day concerns. The government recently introduced legislation to address the former, but if..

With rising interest rates, an uncertain economic future and clients knocking on the door for extended payment terms, cashflow is becoming the hottest topic in business for the foreseeable future...

Did you encounter a costly mistake during the EOFY rush to get your finances in order? This isn't uncommon for business, but as we progress into the new financial year, there's no time like the..

Most companies walk a well-trodden path through the business life cycle, from start up, to maturity, and finally exit. Whilst it certainly isn’t the case for every organisation, a majority think..

It is not surprising many UK business owners and managers look at Australia as a fantastic location for registering their businesses. Not only is Australia seen as a land of opportunity for business,..

The 30^th of June is fast approaching! To make things a little easier this end of financial year, we've compiled a list of useful EOFY Tax Tips 2022  to make sure your business is well prepared and..

If you have national wages of less than $1.2m,  you might want to consider the Small Business Fees and Charges Rebate NSW before applications close 24^th June 2022.We wanted to make sure you haven't..

As the new financial year approaches, there are two important changes to Super Guarantee (SG) that will be of relevance to your business. Namely, the rate of Super Guarantee is increasing from 10% to..

Once a foreign business has registered a new entity in Australia, it is time to set up a business bank account for the new endeavour. There is a specific procedure for setting up a business bank..

The end of the financial year is a key time for Australian businesses, whatever they do or wherever in the country, they are based. It is a time for reflection and analysis of the year just passed..

Research and Development (R&D) Tax Incentive for Industry 4.0 | Agriculture Case Study

Globally, the agricultural industry is less digitalised compared to other industries. In response to new..

Research and Development (R&D) Tax Incentive for Industry 4.0 | Software Development Case Study

Data is a huge component of Industry 4.0. As a society we are constantly generating data –..

Research and Development (R&D) Tax Incentive for Industry 4.0 | Automotive Case Study

In 2019 almost 70% of automotive manufacturers had committed to ongoing smart factory initiatives, a significant..

Research and Development (R&D) Tax Incentive for Industry 4.0 | Aeronautics Case Study

Multiple technical innovations and improvements have swept through the aeronautics industry in the past few..

Research and Development (R&D) Tax Incentive for Industry 4.0 | Medical Case Study

Technical advancements in healthcare and medical technologies are just as influenced by Industry 4.0 technologies..

Federal Budget 2022-2023 - A pre-election vote winner?

At 7.30pm on Tuesday March 29^th, 2022,with a federal election likely to be called within a few months, TreasurerJosh Frydenbergdelivered his ..

Research and Development (R&D) Tax Incentive for Industry 4.0 | The state of advanced Manufacturing activities

Manufacturing employs more than 10% of the Australian workforce, contributes more than ..

Industry 4.0 | Why it matters and How you apply Research and Development (R&D)

Technology has transformed the day-to-day operations of society, from how we communicate to how we learn to even how we..

It's time to start considering your fringe benefits tax (FBT) lodgment and payment obligations for the 2022 FBT year.The 2022 FBT year ends on 31 March.

Outsourced accounting is when a business engages a business accounting firm to manage its financial functions, including bookkeeping services, payroll management, and financial reporting. In addition..

In this guide we will demystify Employee Share Schemes (ESS) – often known as ESOPs, and give a simple structure to help Startup founders craft the best ESS policy for their venture.

..

There are many reasons why a business owner may want to exit & sell their business. Perhaps it’s time to retire or you’ve received an offer for the business that is hard to refuse. Then again, maybe..

There is a saying that “Behind every good businessperson there is a great (outsourced) Accountant.”  

As companies strive for greater efficiency and more effective working practices, there is an..

When you think of tech companies, it is easy to think Silicon Valley and ginormous money-making social media companies, run by power crazy, data thieves or alternatively, of geeky individuals in..

Company Registration Australia

For foreign companies looking to register a company in Australia, there are several factors that need to be taken into consideration. For example, the legal..

Eligible businesses and not-for-profit organisations will receive fortnightly payments backdated to cover costs incurred from week 4 of the Greater Sydney lockdown (from 18 July 2021 onwards). The..

The previously announced 2021 COVID Business Grant ('the Grant') is now open for applicants experiencing difficulties during the latest NSW lockdown. The applications are open from 19 July 2021 and..

As you would be aware the lockdown across large parts of NSW has been extended until the end of the month given the rising number of COVID infections. Workers and businesses impacted by the extended..

To assist customers with the impact of COVID-19, NSW Revenue have extended the due date for lodgment and payment of the 2021 Payroll Tax annual reconciliation to 30 August 2021.

As we are quickly approaching the end of financial year 30 June 2021, now is a good time to start tax preparation and have a look at both your expected taxable income for the current financial year..

On 1 July 2021, the Super Guarantee Rate will increase from 9.5% to 10%.  Make sure your Payroll and Accounting systems are updated to incorporate the increase to the Super rate.

A gentle reminder that the 2021 Fringe Benefits Tax (FBT) return is due for lodgment on 25 June 2021, if the return is lodged via PLS.

You might be able to claim a tax deduction for personal Superannuation Contributions that you made to your Super fund from your after tax income. 

There will be changes to Single Touch Payroll (STP) reporting for small employers with closely held payees and quarterly reporting for micro employers effective from 1 July 2021. This may affect how..

On Tuesday 11th May 2021, treasurer Josh Frydenberg delivered his third Federal Budget.  This Budget is all about how the Australian economy is bouncing back strongly, but it is also a big spending..

Entrepreneurs nearly all share one thing in common – they don’t seem to have enough time to do everything that needs to be done in a day.

It’s not always a matter of being inefficient, it’s just..

Having strong accounting systems and accurate financial records is extremely important for business success, especially for small-to-medium businesses (SMBs), and both should be maintained on a..

Many foreign companies that have decided to start a company in Australia in the last two years are growing steadily. In 2020 the Australian government instituted measures to protect businesses during..

Many businesses offer their employees fringe benefits but these perks come with their own set of rules and tax treatments. The Fringe Benefits Tax (FBT) year runs differently to the financial year,..

Millions of businesses around the world had to learn to adapt and reinvent themselves during the Covid pandemic. 2020 has been an incredibly challenging year, but many businesses readjusted to the..

The Boosting Female Founder (BFF) Initiative was recently expanded to Round 2, providing additional funding for grants and introducing a new mentoring element to further support women entrepreneurs..

Many people are talking about life after JobKeeper and what happens beyond April 2021.  Did the government’s support package keep the wolves at bay in your business over the past 12 months? The truth..

ASIC announced that effective from 18 February 2021, new requirements will apply when ceasing a company director.

The difference between growth and scaling becomes most clear when a company isn’t a startup anymore but is not yet a large corporation. At this critical stage, the business will have to decide..

Many businesses are divesting themselves of their in-house accounting function and transitioning to Outsourced Accounting Services. There are many reasons for this. Smaller businesses can become..

Small and medium-sized enterprises (SMBs) are being hit hard by COVID and its economic consequences in Australia – and everywhere, for that matter. Directors of SMBs are questioning whether..

Hiring a CFO with their financial expertise could be one of the best decisions you ever make. Post-Covid, many businesses are assessing their business structures and staffing arrangements. Perhaps..

A Succession Plan for your business can massively reduce financial and emotional stress and protect those you love most. Without one, you could be leaving your family, your business partner and..

As a CEO of a startup, it’s tempting to think that you have to do everything, including the managing costs and spending of the business. But if you set up your financial processes well from the..

Payroll tasks have probably become more challenging since you started your business and it may be time to consider whether this is something that could better be left to the experts.

The process of..

After steering your business through unprecedented uncertainty to maintain continuity and strengthen financial resilience, it’s now time to set your sights – and strategies – on achieving success in..

Are Christmas gifts & parties tax deductible? The holiday season is almost upon us and for many businesses that means it’s time to start sending Christmas gifts to their clients and organising..

Are you a startup company looking for investors and/or accelerators?  To increase your likelihood of success, go where they are by joining a leading tech startup ecosystem. There are plenty of..

How to start a business in Australia? If you want to start your own business in Australia, you will need to know where to find the right information and support quickly and easily. This will position..

You can be the most honest person with the most trustworthy business, yet still be in financial trouble due to fraud.  This is because scammers often target small- and medium-sized businesses (SMB)..

If the thought of starting your own tech business  seem a bit daunting, you are not alone. Starting any business, let alone a tech one, is one of the most intimidating things anyone could do...

Will your business sink or swim after COVID? Are you already in deep water without knowing it?‘If you can’t measure it, you can’t improve it.’ Peter Drucker known as the ‘founder of modern..

If you’ve ever watched ‘Shark Tank’ on television, you’ll remember the tension between entrepreneurs trying to make a successful pitch and sceptical multimillionaires judging if their product would..

On October 6, Treasurer Josh Frydenberg handed down a historic Federal Budget 2020-2021 promising to recover what has been lost – jobs, incomes, revenue, customers and building the Australian economy..

In today's evolving business world, having information at your fingertips is critical for driving quick decision making to enable ongoing business success. In order to have this information so..

Having commercial guidance that a senior financial expert can provide to get your business from where you are now, to where you want to be is one of the smartest investments a business owner can..

NSW small businesses will benefit from a new $45 million grant program designed to cushion the economic impacts of the southern border closure. Eligible businesses in 13 local government areas along..

The Export Market Development Grant (EMDG) scheme will be simplified and reoriented from a scheme providing assistance through reimbursement after expenditure to an upfront grant agreement. This will..

As you would be aware the Government has extended the Jobkeeper program from 28 September until 28 March 2021. Given the legislation associated with this extension has recently passed through..

The past financial year was turbulent to say the least. It was also unexpected and it is a good lesson how quickly business and the economy can change in circumstances that are unpredictable and out..

One of the few certainties already apparent from this crisis is the acceleration of people’s relationship with technology.  The past few months have shown us that in an environment like this, consumer..

On 21 July 2020, the Government announced an extension of the JobKeeper Payment until 28 March 2021 targeting those employers who continue to be significantly impacted by the Coronavirus.

When the..

There are two types of financial leadership roles in a business – Financial Controller and CFO. Both Financial Controllers and CFOs usually come from an accounting background and start off as..

For early-stage businesses, the global pandemic has brought about a load of new financial challenges but entrepreneurs are using their own inventiveness to respond and adapt. There is market..

The new Small Business Recovery Grant valued up to $3,000 is now open for applicants to help you rebuild your business. This grant helps small business get back to business by meeting the costs of..

While most businesses in Australia are dealing with losses and the risks of the unknown in the future, there are some industries and businesses that are either business as usual or are benefiting..

This tax return may be your most important, but also the most complicated one you have done in a while. For organisations there are some key tax planning and compliance issues that need to be..

Many business owners shudder at the mention of tax time, but it doesn’t have to be a stressful time. The key to a stress free tax time is preparation. The earlier you start preparing the easier it is.

Starting a business in Australia as a foreignerStarting a business in Australia is exciting but can also be challenging if you are not prepared. The Australian government actively encourages foreign..

The economic impacts of Coronavirus (COVID-19) are hitting businesses across Australia and globally. Some businesses are struggling to secure cashflow, while others are taking advantage of sudden..

The internet, our computers, phones, tablets and other devices are crucial to the way of life we are living at the moment. In this climate, it’s vital that we protect our online systems and..

While thousands of Australian workers are being forced to work remotely due to the Coronavirus (COVID-19) outbreak, some of us are asking ourselves: Is remote work the future of business?

There is a..

The Coronavirus (COVID-19) is unsettling supply chains, sapping sales of products, shaking global stock markets, throwing travel into chaos, sinking businesses worldwide, and intensifying fears of a..

The Government has released a legislative instrument outlining seven alternative eligibility tests for its JobKeeper subsidy payments. When the JobKeeper package was originally announced, under the ..

Cashflow is the lifeblood of a business, yet during a pandemic such as Coronavirus (COVID-19), we can see our cash reserves run dry pretty quickly and this can cause irrevocable damage to your..

Since Coronavirus (COVID-19) was declared a pandemic, the magnitude of the crisis continues to have flow-on effects not only to our everyday lives, but to the future of many businesses. However,..

Even two weeks ago, the thought of an employer standing down their workforce was unimaginable. Now, it is a heartbreaking reality for many business owners since they are forced to shut down their..

Late on Thursday 9 April, the Treasurer released the Coronavirus Economic Response Package (Payments and Benefits) Rules 2020. These Rules set the formal eligibility criteria for businesses to..

As a result of the Coronavirus (COVID-19) outbreak, many Australians have been thrust into working from home. Whilst the ATO has already responded by lifting the flat rate from 52 cents to 80 cents..

On 1 April 2020, the Commonwealth Government injected an extra $49.8 million into the Export Market Development Grant (EMDG) scheme to support Australian small business.