Beginning the year with a clean financial slate can be pivotal to your business’ health.
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Clearing debts early enhances creditworthiness, reduces stress, and fosters cash flow. It also facilitates strategic planning and growth, setting a sol...
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10 Accounting News
Does your business have a company Power of Attorney?
An individual power of attorney gives an attorney legal authority to manage a person’s assets and financial affairs.
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A company power of attorney authorizes a person or persons to act on behalf of a company and/or sign certain documents on i...
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Updated guidance on R&D claims
New taxpayer alerts on incorrect R&D claims that are attracting our attention.
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We've released 2 new taxpayer alerts to warn entities and their advisers about our concerns regarding incorrect Research and Development (R&D) tax i...
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Labor tweaks stage 3 tax cuts to make room for ‘middle Australia’
Following years of mixed messaging, Labor has bowed to economic pressure and announced changes to its stage three tax cuts.
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Only those earning less than $150,000 will benefit from the impending tax cuts, which were originally ...
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2 in 3 SMEs benefit from instant asset write-off, survey reveals
The uncapped version of the instant asset write-off scheme was extremely popular among SMEs with the average spend over $90,000, according to ScotPac.
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The latest SME Growth Index by ScotPac has shown that 63 per cent of Au...
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GrantConnect
GrantConnect provides centralised publication of forecast and current Australian Government grant opportunities and grants awarded.
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Click on the links below to find out more about the grants and how to access them.
What is GrantConnect...
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Why crypto treads an uncertain path through tax minefield
The taxation of digital assets used for lending and borrowing would benefit from clear-sighted guidelines.
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The ATO has not released much formal (binding) guidance on the taxation treatment of crypto assets and continues to slowly publish genera...
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The Countries that Export the Most Wine in the World
Check out the countries that export the most wine in the world
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Types of small business benchmarks
There are different types of small business benchmarks that help compare your business' performance.
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Performance benchmarks
Performance benchmarks are financial ranges for your industry. They help you work out how you compare to oth...
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Raft of revenue tweaks in MYEFO to raise millions
Changes to interest deductibility, taxes, thresholds and even passport fees made up the fineprint of the mid-year economic update.
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Canberra will embellish its budget bottom line by hundreds of millions over the next few years with a raft of...
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