Author: Pat Mannix
Insolvencies rise by 61% in February
External administrations increased by 61 per cent over the last month, stirring fears that more businesses will need to close their doors once JobKeeper expires at the end of the month.
Sole Trader Structure
Are you thinking about becoming a sole trader? Want to know the advantages & disadvantages of setting up as a sole trader structure?
Being a sole trader has its benefits, but how do you know when its time to move to a different business structure? If you’re operating as a sole trader you need to be aware of ‘unlimited liability’ and how that effects you.
Winding-up: Simplifying small business insolvency
On 1 January 2021, new laws came into effect that introduce a new, simplified debt restructuring and liquidation framework for small business.
Paper Gold
Paper Gold – the artistry of accounting. Find out how Franking Credits (Paper Gold) can continue to benefit you long after your business has been sold.
2020 Budget Tax Cuts for Small Business & More
Learn about the new Budget Tax Cuts coming into effect, temporary write off’s, small business budget changes and more.
If your business was hit hard during the pandemic, stick around to find out how to bounce back using tax offsets.
Extended Insolvency Relief
The Australian Government introduced new bankruptcy and insolvency regulations to assist businesses and individuals who have been impacted by COVID-19 was intended to expire on 30 September 2020 but has been extended.
The Little Disaster – Structure for Success
Having the right structure can be the key difference for financial independence. Regardless of whether you are running your business or selling it, structure is everything.
Melbourne Lockdown Benefits
Melbourne has gone into Stage 4 Lockdown making it even tougher for business owners to survive, but there are still a few things you can do to help your business.
JobKeeper 2.0 V2
On 4 January 2021, the JobKeeper scheme will transition into its third installment.
It is important to keep up-to-date and aware of the changes that are being made within the JobKeeper schemes.
JobKeeper 2.0
JobKeeper 1.0 was set to discontinue after September 2020, however the second wave of the Coronavirus means that the Government has come out with a second wave – JobKeeper 2.0.
JobKeeper 2.0 has some significant changes to the level of support for the December and March quarters. Find out what changes you need to be aware of..
Melbourne Lock-down Benefits
Melbourne has gone into Stage 4 lock-down making it even tougher for businesses to survive the next six weeks. Find out what steps you need to take to be eligible for the Government’s $10,000 grant.