What to look for when choosing a super fund
Over the course of your life, the contributions made to your superannuation fund can often end up being your greatest asset. Because of th..
FBT car parking threshold changes
The ATO has released the Taxation Determination 2019/9, which outlines changes to the fringe benefits tax (FBT) car parking threshold.
Th..
Find the perfect employee for you
Picking the wrong employee after a long interview process ultimately results in wasted time and lost money for a business. A successful in..
Deduction rules for small businesses
Spending on capital assets usually cannot be deducted immediately. Instead, small businesses claim the costs over time in accordance with ..
Ineligible downsizer contributions and how they are administered
When a downsizer contribution is ineligible, the fund must re-assess the amount in accordance with the Superannuation Industry (Supervisio..
New ATO toolkit helps small businesses get expenses right
The ATO has developed a new toolkit that helps small business owners to understand their entitlements and avoid mistakes in their tax retu..
Teaching your staff to be social media savvy
Although approximately 52% of the Australian population use social media, not everyone understands how online presence, both individual an..
Getting on top of cash flow
Managing cash flow is critical to the success of a small business. While it is necessary to be profitable, your profit is a number that sh..
Be wary of unregistered tax preparers
The Australian Taxation Office (ATO) is warning taxpayers to keep an eye out for people posing as tax agents who are not registered with t..
Boost employee productivity
All businesses need to look at ways to increase the productivity of their staff. When your employees get more work done, it will ultimatel..