Timing of real estate and Capital Gains Tax (CGT)
14 April 2021
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When you sell or otherwise dispose of real estate, the time of the event (when you make a capital gain or loss) is usually when
Category: SMEs
Vehicle benefit FBT treatment changes under COVID-19
22 March 2021
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The special circumstances that coronavirus has thrown our way looks like having some very practical outcomes on certain areas of fringe benefits tax. One of
Bye-bye JobKeeper. Here’s how to make sure your business is ready.
3 March 2021
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As I sit down to write this article, another city has again gone into lockdown due to COVID. A reminder of how quickly trading conditions
Single touch payroll: When your reporting can cease
17 February 2021
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A business may no longer be required to lodge single touch payroll (STP) reports for a number of reasons. These are if your business no
JobMaker hiring credit: What you need to know
8 February 2021
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The JobMaker Hiring Credit scheme was passed into law in mid-November 2020. JobMaker was part of the 2020-21 Federal Budget, and will operate until 6
Elements of a Business Plan
8 February 2021
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A business plan establishes the goals and objectives of a business and outlines how they will be achieved. It is vital, especially for small businesses,
Calculating income tax deductions
8 February 2021
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The calculation of income tax for businesses becomes more complex as business activities and income streams grow. There are two primary considerations that arise when
Partnering up with fellow businesses
3 February 2021
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Partnering up with more established businesses can be highly beneficial for a small business. Taking the following factors into consideration will assist you in creating
Dine & Discover NSW vouchers – what your business needs to know
29 January 2021
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The NSW Government is launching Dine & Discover NSW to encourage the community to get out and about, supporting dining, arts, and tourism businesses and stimulating spending in the
Digital record-keeping
20 January 2021
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Businesses should aim to move towards digitising their tax, super and employee-related documents as per recommendation by the ATO. Digital record-keeping has many advantages and