Category: Small Business Tax Advice

Small Business Tax, Small Business Tax Advice, Tax Champion

Superannuation Update – SGC is increasing to 10% on 1 July 2021

When the compulsory SG contribution payments are increased to 10%, you will need to alter your payroll systems to pay the new increased rate to your eligible employees.

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For What It's Worth, Small Business Tax, Small Business Tax Advice, Tax Champion

2021 Annual Federal Budget Tax Changes

Budget 2021 – There’s something for everyone! Big Cash Flow for Business Investments in Assets, Reduced Company Tax Rate, Low Income Offset to Continue, Residency Rules more objective, Positive Superannuation Changes and more! Pat Mannix of Paris Financial chats about what you need to know from the 2021 Budget.

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Small Business Tax Advice, Tax Champion

Partnership Structure – Advantages & Disadvantages

Are you thinking about starting a Partnership?
Let’s look at the advantages and disadvantages to consider when setting up a Partnership Structure and the tax benefits associated. Having a Partnership Structure has its benefits, but how do you know when it’s time to move to a different business structure?

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Small Business Tax, Small Business Tax Advice, Tax Champion

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.

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Small Business Tax Advice

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..

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Small Business Tax Advice

Job Keeper Predictions for Small Business

Job Keeper is a tremendous help to small business at this time of crisis, but how will the future look after Job Keeper has ended?
It is important to be aware of the potential future hardships your business will face, and the hard decisions that come with them.

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Here is a worked example of the government incentives for COVID-19 based on an employee earning $60K pa.

Small Business Tax Advice

Government Incentives for COVID-19 – Worked Example based on Employee $60K

Here is a worked example of the government incentives for COVID-19 based on an employee earning $60K pa.

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We outline the Federal and Victorian support and assistance that is available to small business owners.

Small Business Tax Advice

COVID 19 Federal and Victorian Support for Small Business

We outline the Federal and Victorian support and assistance that is available to small business owners.

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Small Business Tax Advice

Small Business changes to the COVID-19 Stimulus Package

Positive changes have been made to the COVID-19 Stimulus Packages that effect Small Business Owners.

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Small Business Tax Advice

When Is The Right Time To Register For GST?

Our advice is to only register for GST when it is completely necessary if you run a retail business. Your customers will thank you for it.

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Small Business Tax Advice

Getting payroll right for your employees

Looking after your employees is crucial for success.

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Small Business Tax Advice

Tips for recruiting new employees to your business

Need some help recruiting quality employees to your business? This is our advice.

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