To lease or buy a business asset? That’s the question With business conditions picking up in Australia, many business owners are thinking about the equipment they will need to evolve in the years ahead. Whether it’s a new delivery van or a high-end digital printer,...
Tax Alert June 2021 The Government is continuing to support COVID-affected businesses by extending most of its pandemic inspired tax offsets and benefits. But at the same time the ATO has micro businesses like contractors who fail to declare all their income in its...
The financial rewards of optimism If it wasn’t already clear, the past 12 months certainly cemented the fact that life has a habit of throwing us the occasional curveball. The reality is we all face challenges, however approaching life with a positive mindset can help...
Salary packaging – worth the sacrifice The principle of ‘salary sacrificing’ may not sound very appealing. After all, who in their right mind would voluntarily give up their hard-earned cash. But it can have real financial benefits for some in terms of reducing...
Good records the best defence when the Tax Man knocks As the Australian Taxation Office (ATO) turns its attention to businesses and individuals who have used COVID-related support programs, many taxpayers are likely to find themselves on the tax man’s radar. There are...
Tax Alert March 2021 Individuals and small business owners who have taken advantage of the government’s COVID-19 support programs will find themselves increasingly under the tax man’s microscope in coming months. This is just one of the key developments occurring in...
