Business Advice Features
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.
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.
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.
This article discusses the Australian Taxation Office's updated guidelines on how to differentiate between employees and independent contractors, and the impact of these changes from a tax accounting perspective. Learn about the new approach, the factors that will be assessed, and what employers can do to ensure compliance with the legislation.
Explore the significant implications of Bankwest's shift to digital banking on the Esperance community, including challenges for local businesses and internet connectivity issues. Discover the ongoing relevance of physical bank branches in rural areas and the need for a dialogue on banking services' future
Choosing the right website platform can be challenging, but it's essential for businesses of all sizes. This blog post discusses the factors to consider when selecting a website platform, such as your goals, budget, and technical expertise. It also provides tips on how to create a captivating online experience that connects with your audience.
Discover effective strategies for agribusiness and business tax planning with our essential guide on interim financial statements. Ensure timely and informed decisions to optimise your taxation position for the 2024 financial year.
New legislation requires all company directors to apply for a unique Director Identification Number.
Strategies for developing resilience in your small business or agribusiness to enable you to bounce back from challenges. A guest post by Adam Pryztula, Director of Armed For Life
Everything you need to know if you are considering moving your business online.
Diving into the details of Capital Gains Tax (CGT) in Australia, especially if you own a large property over 2 hectares, might seem overwhelming at first. However, by understanding some basic rulings surrounding CGT, you’ll be able to plan wisely when it comes to selling your home.
Mental health strategies for business owners, mental health first aid for accounting clients and business owners