Business Advice

//Business Advice

Latest news and tips

Single Touch Payroll Update Employers with 19 or fewer employees are required to start reporting through Single Touch Payroll (‘STP’) from 1 July 2019. The ATO will be working with employers to support them as they transition to STP, including allowing small employers to start reporting any time from 1 July to 30 September (and [...]

June 30 Tax Tips 2019

BUSINESS TIPS. Business Income and Expenses. Consider strategies to defer income until after 30 June, or bring expenses forward into June, especially if you expect lower income for next year. Ensure that your tax deductions are allowable Bad debts must be written off before 30 June Super contributions must be paid before 30 June and [...]

2019 Energy Discounts & Rebates.

Households and businesses can access discounts & rebates in 2019 via the NSW Government's energy efficiency program: FOR HOUSEHOLDS These links provide offers to improve energy efficiency in your home. By accessing rebates and discounts you can cut back on your energy use, save on power bills and help the environment. These programs are available to [...]

May tax news

The Government handed down the 2019/20 Federal Budget on Tuesday 2 April 2019. Some of the important proposals include: Increasing and expanding access to the instant asset write-off from 7:30 pm (AEDT) on 2 April 2019 (i.e., ‘Budget night’) until 30 June 2020, as follows: increasing the instant asset write-off threshold from $25,000 to $30,000. [...]

Finance and loans tips

How can a business loan help my cashflow? Business loans can be used for any business purchase, commercial property, and refinancing of existing business loans. They can also be beneficial to free up cash-flow when used for day-to-day running expenses; buying equipment, inventory, insurance premiums, solar installation, unexpected expenses, renovations & hiring staff. How Insurance [...]