Small business lifelines

life saving ring

Operating a small business comes with many challenges. From work-life balance to getting your employees’ paid on time, to basic daily operations – small businesses have many ins and outs. The Australian Tax Office understands this and has released 2 new webinars surrounding the theme of small businesses at crossroads in terms of whether to […]

Overcoming Adversity

woman cheering

It’s no secret that COVID-19 has posed unexpected threats to many small business owners – not only in Australia but all around the world. As a result of lockdowns and restrictions, many small businesses have had to close their doors, unable to make rent with dwindling revenue being made. This said, small businesses have been […]

Test your knowledge

siblings holding books

A free quiz about financial reporting for directors has been released by the Australian Securities & Investment Commission (ASIC) this month. The quiz was released on the premise that most directors feel their knowledge about practical financial reporting isn’t exceptional, a fact that makes prospective clients uneasy.  According to Tax & Super Australia, the quiz […]

Grants and Tax

logbook

A common misconception is that government grants and payments are not eligible for tax. Although technically not thought of as ‘income,’ most grants and payments will still need to be detailed in your tax return. With taxable government payments such as JobKeeper now becoming commonplace, it’s important to understand what is and isn’t relevant for […]

Workplace Safety: COVID

people with make shift masks

With many teams returning to offices after a long time working from home, new considerations arise around people’s health and safety in the workplace. Much of the advice for businesses revolves around tighter hygiene stipulations such as: Encouraging the use of face masks. Making sure people with even the mildest symptoms stay home. Making sure […]