Category: Small Business
The Coronavirus Stimulus Package: What you need to know
The yet to be legislated four part package focuses on business investment, sustaining employers and driving cash into the economy.
What is the best business structure for you?
We can help to advise you on which structure might be the best for your small business.
How to know if your worker is an employee or a contractor.
Determining whether your worker is an employee or a contractor can often be a challenging task.
What deductions can be claimed if you run your business from home?
You might be able to claim a range of expenses related to the portion of your home set aside for your business.
Two simple tips for small business asset protection
Asset protection is vital, because you have no idea what troubles your small business could run into down the line.
Calculating Super Guarantee: The new rules
New rules ensure that an employee’s salary sacrifice contributions cannot be used to reduce the amount of superannuation guarantee (SG) paid by the employer.
What Tax Deductions Can Be Claimed For A Business?
Saving as much tax as possible is one way to give your business a greater chance of success.
The tax deductibility of Christmas gifts and parties to staff
Christmas parties are considered to be “entertainment benefits”. Therefore, the expenses may be subject to fringe benefits tax (FBT).
What to remember when hiring contractors over the silly season
Over the busy holiday period, many businesses will begin to use more cleaning and courier contractors to cope with heavy demand.
ATO Gets Serious About Super Guarantee Obligations
New data has enlightened the ATO of certain businesses that may not be meeting their superannuation obligations.
When Can I Claim GST Credits?
Essentially, GST credits (or input tax credits) are a refund/credit for the tax included in the price of your business inputs.
Melbourne small businesses receiving in-person visits from ATO
Supposedly, up to 800 businesses will be targeted by the ATO and Fair Work Ombudsman.