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Budget Update 2018/19
May 10th, 2018Federal Treasurer, Mr Scott Morrison, handed down the 2018/19 Budget on 8 May 2018. Mr Morrison said the Budget is focused on further strengthening the economy to “guarantee the essentials Australians rely on” and “responsibly repair the budget”. Mr Morrison has stated that the Budget plans to return the economy to balance by 2019/20, oneread more
Update – Banking Royal Commission
May 7th, 2018The revelations coming out of the Royal Commission, initially focussed on the Banks and AMP, have been damning. With this in mind, it is worthwhile to make a few comments on the findings so far and where we as a business stand on these issues. Focus of Royal Commission A major focus is the conceptread more
Franchising – What are your Tax Obligations?
April 30th, 2018Are you thinking about taking on a franchise? Many Australians become franchisees of large companies to leverage existing brand power and customers, whilst also giving themselves the opportunity to run their own small business. As attractive as this type of business setup might look, it is crucial to understand all the related tax obligations, feesread more
How a Coaching Culture Attracts, Retains and Improves Staff
April 23rd, 2018With job tenure in Australia averaging 3 years and 4 months across industries, job mobility is higher than it has ever been. The introduction of easy to use job seeking tools, greater access to education and upskilling, and a more flexible employment market has meant that people are somewhat less motivated to remain in theread more
Small Business in 2018
April 9th, 2018With the first quarter of 2018 behind us, and tax time fast approaching, now is a great time to have a look at how the year has treated small businesses; and what the rest might hold. Renewed volatility in the global market started the year off on shaky ground, however the outlook for small businesses,read more
Market Watch – Volatility
April 4th, 2018The volatility of markets around the world naturally leaves investors concerned about the security of their investments. While this is understandable, it is also critical to understand why markets are volatile, how to manage the impact of volatility in the market, and the implications of cashing out your investments. Why are markets volatile? Many thingsread more
First Home Buyers’ Super Deposit Opportunity
March 21st, 2018A major roadblock for people trying to get into their first home is saving up a sizeable deposit, however legislation has recently passed that will enable eligible first home buyers to save for their deposit through the First Home Super Saver Scheme (FHSSS). The scheme aims to help participants accumulate a larger deposit when comparedread more
Fringe Benefits Tax – Year-End Roundup
March 16th, 2018March 31st is right around the corner – and therefore so is the Fringe Benefits Tax (FBT) year-end date. With that in mind, it is worth a quick look into a few key points regarding FBT, particularly what can attract it, as well as the application of salary sacrifice. Note this article explores some ofread more
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