Tag: small business
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 ...
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 ...
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 ...
Free small business advisory services
Let’s face it, running a business is expensive and many small businesses can’t afford professional advice. So where can small Australian businesses go when ...
Challenges for Australian businesses in 2022
2022 is a tough triple whammy year for small, medium and large businesses in Australia. Businesses, already shaky as they pull themselves out of ...
The Pros and Cons of a Country Accounting Practice
There are many benefits to moving your accounting practice to the country. Rural accounting also comes with a lot of risk and potential downside, ...
How to manage poor-performing employees
Human capital is often the biggest cost to a business. Employees must perform at their best for your business to succeed. But what if ...
How to protect yourself from malicious spam emails
Spam emails are unauthorised electronic messages sent in bulk from outside parties. The intent varies, some promote legitimate products or services whilst others link ...