by Marketing | Mar 17, 2022 | BAS Bookkeeping, Bookkeeping Services, Busienss Strategies, Business Startup, Business Structures, Income Tax - Business, Income Tax - Individuals, Tradies
The building industry will be feeling the consequences of the recent liquidation of large construction companies, Probuild and Condev. Given the potential for other builders to experience financial distress/liquidation, trades and small business operators may well be...
by Marketing | Nov 25, 2021 | Business Startup, Income Tax - Business, Tax Saving Strategy, Trust Setup
New businesses are birthed either from a spontaneous idea, a long-held dream, or meticulous planning. When business income is taxed, the business structure used can impact the amount of tax paid. Example: Helping a client reduce the amount of tax he was paying, I...
by Marketing | Oct 28, 2021 | BAS Bookkeeping, Business Startup, Employment, Payroll, Superannuation
For many years, employees have been able to choose a fund for employer superannuation guarantee contributions. If the employee failed to exercise that choice, the employer could create a new super fund on their behalf. Over time, employees can end up with multiple...
by Marketing | Mar 30, 2021 | Busienss Strategies, Business Startup, JobKeepr, JobSeeker, Single Touch Payroll, Tradies
Employment & the Economic Environment Employing team members has always been challenging. It is becoming increasingly so as every year passes. The Global Financial Crisis (GFC) in 2007-09 triggered an increase in labor supply for several years and was a rare...
by Marketing | Mar 24, 2021 | Busienss Strategies, Business Startup, Business Structures, Company Setup, Employment, JobKeepr, Stimulus 3, Stimulus Package 1, Stimulus Package 2
There has been a lot of talk about how businesses will cope post-JobKeeper. A comment I heard just today said, “The end of JobKeeper in March 2021 will result in an economic cliff face.” Really? Government Stimulus A year has passed since COVID-19 ravaged...
by Marketing | Mar 26, 2020 | BAS Bookkeeping, Bookkeeping Services, Business Startup, Business Structures, Company Setup, Employment, Income Tax - Business, Income Tax - Individuals, Shelf Company, Single Touch Payroll, Tax Saving Strategy, Tradies, Trust Setup
SMALL BUSINESSES NEED TO GET READY Stimulus Measures The Australian Government’s economic response to the COVID-19 crisis is a two-pronged approach. Cash Flow Boost JobKeeper/JobSeeker How do They Work We have been busy answering inquiries and calculating...
