Attention All Company Directors - New Company Director Identification Number
24 Jun

The Government has introduced a Director Identification Number (DIN) to provide greater transparency around the background of company directors and combat illegal phoenixing leaving creditors unable to recover debts... Read More…

2021 Tax Return – Home Expense Claims
21 Jun

As we approach the end of the 2020/21 financial year, the Australian Tax Office has indicated that several types of costs associated with working-from-home will not be eligible as a tax deduction… Read More…

In case you missed our June 2021 Business Accelerator Magazine
15 Jun

Don’t miss our latest edition of the quarterly Business Accelerator Magazine, full of articles and news about growing and nurturing your business. This edition includes our Federal Budget roundup, articles on working ON your business, not IN your business as well as a Tax Return Checklist... Read More…

Victorian Small Business Snap Lockdown Grants
3 Jun

Victorian Business Costs Assistance Program (Round Two) - with the snap lockdown commencing Thursday 27th May the Victorian State Government has announced Round Two of the Business Costs Assistance program which opened for applications today (Friday 4th June) and the Commonwealth Government has announced a Temporary COVID Disaster Payment for employees... Read More…

Tax Planning Strategies 2020/21 Year End
1 Jun

As we approach the end of the 2021 financial year, tax planning has never been more important and as accountants, we believe our client brief includes helping you minimise your tax liability within the framework of the Australian taxation system. Business planning is always challenging but planning with a pandemic in the background is incredibly difficult given the uncertainty, so for many businesses, the number one priority right now is cash flow... Read More…

2021-22 Federal Budget Summary
18 May

The Treasurer Josh Frydenberg released the Federal Budget on Tuesday May 11 and the focus is on recovery and investment to support job creation to drive economic growth. In this article we examine the main changes proposed around personal and business taxation as well as superannuation… Read More…