Tax-deductible super contributions
Individuals may be able to claim tax deductions for personal superannuation contributions they make. Personal super contributions are made..
Changes to business practices and TPAR
COVID-19 has forced businesses to adapt their practices to cater for social distancing measures and sanitary precautions. As a result, man..
How can you fund your business?
Turning an idea into a business requires money, and securing this stable funding is not easy. Businesses have a variety of innovative fund..
Tax on super death benefits for dependants vs non-dependants
A super death benefit is the super paid after a person’s death, usually to a nominated beneficiary. These benefits are subject to differen..
Debt financing vs equity financing
Gathering funding is a challenge that almost all business owners face at some point. Financing can come in two forms – debt financing and ..
Are you eligible for the small business income tax offset?
The small business income tax offset can be used to reduce the tax you pay by up to $1,000 a year. Also known as the unincorporated small ..
How to keep employees safe as they return to the workplace
Enforcing health precautions is an essential step to creating a safe workplace and giving your employees peace of mind, especially during ..
Do you need to lodge a transfer balance account report?
Self-managed super funds (SMSF) may be required to lodge a transfer balance account (TBA) report by 28 July 2020 in the case of a TBA even..
COVID-19 factors to remember when filing your tax return
The end of the financial year has rolled around again, but this time, COVID-19 may affect the way you fill out your tax return. The ATO ha..
What are the different types of cashless payment methods?
In an effort to minimise physical contact during the global pandemic, most businesses are making the switch to cashless payments. While co..