Tax Planning Tips For 2022
Restructuring Your Business Due To COVID-19
Why Too Many Super Contributions Could Mean Extra Tax For You
Tax Consequences Of Cryptocurrency
New Support Payments For Workers Affected By Covid-19 Lockdowns
JobKeeper is over – Where to from here?
Innovation is integral to the development and growth of a business.
Developing seasonal pricing strategies. A seasonal pricing strategy will help you minimise loss of cash flow in low periods and maximise profitability in peak seasons.
What to do when you can’t pay your tax on time. Businesses who cannot pay their taxes on time can set up an agreed payment plan with the ATO to avoid late payment penalties. This may be especially useful for businesses during the post COVID-19 period.
Increased cash flow support for businesses as COVID-19 continues. COVID-19 is putting serious financial pressure on Australian businesses, so it is crucial to know what government support is available to help support your business.
Going into 2020 is a great time for business owners to take a step back and think about what they can do to improve on previous years.
Coming out of the holiday period is usually a slow time for businesses but there’s never been a better time to get on top of things. The New Year brings business owners great motivation and opportunity to bring their business to greater heights.
Fringe Benefits Tax (FBT) is required to be paid by employers who provide non-cash benefits to their staff. Accurate reporting of FBT is something that is consistently on the ATO’s compliance program.
The small business income tax offset can reduce the tax that an eligible business pays by up to $1,000 each year.
Spending on capital assets usually cannot be deducted immediately. Instead, small businesses claim the costs over time in accordance with the assets’ depreciation.
The New Year is the perfect time to reflect on the past year, and implement changes in order to strengthen and grow your business. Consider the following areas when developing your New Year business resolutions.
Sexual harassment in the workplace is not a new topic for employers. But in light of the #MeToo movement, it is one worth revisiting. According to the Australian Bureau of Statistics, in 2016, 17 per cent of women said they had been sexually harassed in the past year, and approximately one in two women and one in four men had experienced sexual harassment during their lifetime.
The 2018 Federal Budget is built on the back of a historically strong postmining boom Australian economy, leading to fairly conservative changes to tax policy. The Budget’s strategy is to provide sustainable tax relief to those in the workforce, stimulating spending and encouraging businesses to invest in creating jobs.
Many employers recognise the value of hiring for cultural fit, but they don’t know how to approach the subject in their hiring process. Choosing candidates who can work well in your current business environment and adapt to the core business principles and values that guide your team’s success.
A seasonal pricing strategy will help you minimise loss of cash flow in low periods and maximise profitability in peak seasons. Changing your pricing will help you capitalise on your target market’s spending habits. Keep in mind that creating a supporting marketing campaign to bring awareness to your price change or seasonal deals will be critical in meeting your business objectives.