In-depth and timely insight on small business news and resources relevant to small businesses in the Esperance region, as well as right across Australia
24 Apr 2024, 3:19 PM
Learn how to handle your business name renewal directly with ASIC and avoid extra fees from third-party providers. Get tips on distinguishing between genuine and scam notifications to protect your business. Need help? Contact us today!
21 Dec 2023, 11:30 AM
Wondering why you need to make those 'PAYG Instalment' payments to the Australian Taxation Office (ATO)? We get it. The PAYG Instalment system can be a puzzle, especially if it's your first go-round or you're unsure about the payment amount.
13 Dec 2023, 12:18 PM
Unlock farm profitability in 2024 with Mel's strategic insights! From financial forecasting to embracing technology, navigate market challenges for sustainable success. Connect with Mel for personalised guidance on maximising your farm's potential
19 Jul 2023, 5:37 PM
Discover the latest developments post-2022-23 Federal Budget as the Technology Investment Boost and Skills and Training Boost clear parliamentary hurdles. Unveiling a significant opportunity for businesses with under $50 million turnover, this blog unveils the 120% tax deduction for technology and skills expenses. Get ready to maximise these advantages with essential insights provided here
12 Sep 2022, 1:35 PM
The Government has reinvigorated the 120% skills training and technology costs deduction for small and medium business. An election ago, the 2022-23 Budget proposed a 120% tax deduction for expenditure by small and medium businesses on technology, or skills and training for their staff. This proposal has now been adopted by the current Government and details released in recent exposure draft by Treasury.
26 Aug 2022, 11:46 AM
It seems as though lately almost everyone is talking about cryptocurrencies, telling you about their crypto investments, or asking you if you’re involved. However, when it comes to tax time, many people are either forgetting to declare their crypto investments or labelling them wrongly. If you are involved with cryptocurrency, the team at Smith Shearer are here to ensure that you are making smart decisions with your investments and declaring them correctly come tax time.
12 Apr 2022, 3:31 PM
The Australian Federal Budget 2022 was delivered on 29 March 2022 by the Federal Treasurer Josh Frydenberg. See our breakdown of the tax measures impacting small business in Australia.
28 Mar 2022, 3:56 PM
Four new tax rulings have been released to address taxpayers utilising adult-child beneficiaries of family trust to reduce tax.
16 Mar 2022, 5:09 PM
I think we're all feeling the impact of the political unrest in Ukraine. While individuals are noticing the impacts across petrol bowsers, and in the grocery store, many small businesses are struggling to make a profit in the face of searing costs and limited supplies.
8 Mar 2022, 12:28 PM
It’s the start of the end of yet another financial year. For farming businesses and small businesses across Western Australia, this year has presented a number of both triumphs and challenges. That’s why it’s vital to begin thinking about strategies which can be implemented to reduce taxable income for year ending 30 June 2022.
29 Nov 2021, 2:29 PM
Mental health strategies for business owners, mental health first aid for accounting clients and business owners