STAY PROTECTED AGAINST COMMON TAX SCAMS

Taya Elliott

STAY PROTECTED AGAINST COMMON TAX SCAMS

STAY PROTECTED AGAINST COMMON TAX SCAMS

With Government restrictions forcing many Australians to continue working from home, we’ve seen an increase in the sophistication of scams and fraudulent invoicing. Here’s a few scamming trends to be on the lookout for and how you can protect both your business and personal information from falling prey. With the advancement in technology, scams are […]

TAX TIPS FOR STARTING YOUR SIDE HUSTLE

TAX TIPS FOR STARTING YOUR SIDE HUSTLE side hustle

Starting a new business but unsure of where to start? Whether you work a side hustle, have started making some extra income from your hobby or have just crossed over into full-time self-employment, things can be overwhelming to say the least! We sat down with one of our Directors, Pam Badke, to help wrap your head […]

Small Business New Year’s Resolutions

Small Business New Year’s Resolutions

As we tick over our calendar to the New Year it’s the opportune time to assess your business finances. We have put together three small business accountancy New Year’s resolutions to help you achieve success this 2022. A commitment to keeping track of expenses Keeping track of expenses as a small business owner can prove […]

Tips for Small Business Owners Preparing for Christmas

Tips for Small Business Owners Preparing for Christmas

Christmas can be one of the most profitable times of year for your business, and choosing to close over the festive period can be stressful. We have put together a few things to keep in mind when preparing your business and employees for the end of year rush. Understand your staffing needs Are you remaining […]

How Do You Define Your Business Success?

How Do You Define Your Business Success?

Whether you perceive the success of your business as hitting a certain profit margin, an obvious growth or simply having a cohesive team that doesn’t rely on you to mange absolutely every aspect. Whatever the measure, the parts of the equation that always needs to be considered in your business strategy are your numbers and […]

Australia’s interest rate remains at a record low of 0.10%

Australia’s interest rate remains at a record low of 0.10%

Despite the continued rapid rise in house prices, the Reserve Bank of Australia (RBA) has decided to keep the interest rate on hold for the eleventh month in a row. It also said that it’ll hold its quantitative easing program of purchasing $4 billion a week of government debt steady. But that makes it only […]

Do you have a study or training loan?

Do you have a study or training loan?

If you earn $47,014 or more per year, you may need to start making compulsory repayments. Compulsory repayments of your study and training support loan are made through the income tax system. If you have a loan when you lodge your tax return and your repayment income is above the minimum repayment threshold, your compulsory […]

Commonwealth COVID-19 Disaster Payment

Commonwealth COVID-19 Disaster Payment

The COVID-19 Disaster Payment was originally announced on 3 June 2021 in response to the May/June lockdown in Victoria. Since then, the Disaster Payment has been made applicable to Commonwealth declared hotspots such as in News South Wales, Queensland and South Australia. Its primary aim is to provide weekly assistance to eligible individuals, like full […]

Taxable Payments Annual Reports (TPAR)

Taxable Payments Annual Reports (TPAR)

Are you a business owner that needs to lodge a taxable payments annual report (TPAR) for this financial year? If you have made payments to contactors that provide the following services, you will be required to lodge a TPAR: Building and construction service Cleaning services Courier or road freight services Information technology (IT) services Security, […]

2021 COVID-19 Business Support Grants for lockdown impacted businesses in Queensland

2021 COVID-19 Business Support Grants for lockdown impacted businesses in Queensland

If your business has been impacted by the recent Queensland lockdown, you may be eligible for financial support through for 2021 COVID-19 Business Support Grants. The $5000 grants (excluding GST) are available to small and medium businesses across Queensland affected by the COVID-19 lockdown that commenced on Saturday 31July 2021. These grants are aimed to […]