Category: Business
Increase productivity and reduce costs with a four-day work week
A four-day workweek is a workplace arrangement whereby employees work four days per week rather than the customary five. Typically this involves having Monday ...
FBT exemption for retraining and reskilling staff
Employer expenditure on retraining and reskilling redundant (or soon to be redundant) employees is exempt from FBT. The education or training is not required ...
5 advantages of staff working from home
Having staff work from home reduces office space requirements and reduces rent. Additional advantages include: Increased talent pool - companies can hire the best ...
Crowdfunding for fast growing businesses
Innovative fast growing businesses needing to raise additional capital. Crowdfunding involves using the internet and social media to raise funds for specific projects or ...
Did you think you could outsmart the Australian Tax Office?
The Australian Tax Office (ATO) raided 35 Australian businesses in 2022 suspected of using electronic sales suppression tools (ESSTs) to delete business transactions, reduce sales ...
Top 10 reasons to have an end of year function for your business
It’s no secret, small businesses face incredible headwinds going into 2023. You may be tempted to save money and forgo your 2022 end of ...
Don’t pay tax on your Christmas party this year with our FBT hangover cure!
Cutting your tax bill for this year's Christmas Party can be accomplished simply by having your bash on business premises as opposed to an ...
Phasing out written authorisation for agent linking
Agent linking between tax agents and clients is carried out through written authorisation. The ATO will be phasing agent linking out in the wake ...
Are you ready to start a new business?
Starting and running a business requires a lot of work and a huge time commitment. Is self-employment the right choice for you? Do you ...
Director identification numbers to mitigate illegal phoenixing
The Australian Business Registry Services (ABRS) has introduced director identification numbers (director IDs) to cut down on phoenix companies (liquidating a company to avoid paying ...