Business Bust-up
One thing that is nearly as awful as getting divorced from your spouse, is to go through a toxic business…
Small Business Archive
Penalties will recommence: ATO restarting debt recovery action
Taxpayers defaulting on tax debts and lodgement requirements can soon expect contact from the ATO as it confirms the recommencement…
ATO chases $172bn in undeclared contractor income
The ATO has urged businesses to come clean on $172 billion worth of payments to contractors as it gets tough…
Why are some businesses returning JobKeeper?
Companies that received JobKeeper and subsequently paid dividends to shareholders and executive bonuses have come under particular scrutiny, not just…
Insolvencies rise by 61% in February
External administrations increased by 61 per cent over the last month, stirring fears that more businesses will need to close…
FBT 2021: Tax & Employee Benefits
Fringe benefits tax (FBT) is one of Australia’s most disliked taxes because it’s cumbersome and generates a lot of paperwork.…
Winding-up: Simplifying small business insolvency
On 1 January 2021, new laws came into effect that introduce a new, simplified debt restructuring and liquidation framework for…
The Final Stage Of JobKeeper And How To Access It
The impact of COVID-19 has been felt very differently from region to region. Fortunes vary wildly between business operators subject…
The JobMaker Hiring Credit
JobMaker is a credit available to eligible businesses and non-profit entities that create new jobs. Unlike JobKeeper, JobMaker can apply…
JobMaker Hiring Credits: What We Know So Far
We’ve had quite a few questions about the JobMaker hiring credit announced in the 2020-21 Federal Budget. Here is what…
Forecasting during a pandemic
Now, more than ever, business operators should have a plan in place to manage during uncertain times. So, how do…
Has COVID-19 devalued your business?
If you are selling your business, merging, acquiring, or inviting in new investors, you need to understand the value of…
