Business Advisory

Updated guidelines on allocation of professional firm profits PCG 2021/D2

Updated guidelines on allocation of professional firm profits PCG 2021/D2

The Australian Taxation Office has released new guidance for the allocation of professional firm profits. Here’s what you need to know.

Director ID: why you need one and how to apply

Director ID: why you need one and how to apply

Director IDs are being introduced across Australia, in an effort to detect and deter unlawful activity. Here’s what you need to know.

Why financial advisers are invaluable during the pandemic

Why financial advisers are invaluable during the pandemic

Research has found that the help of a financial adviser can be invaluable during unstable times like the pandemic. Here’s why.

What are directors’ fees? Here’s everything you need to know

What are directors’ fees? Here’s everything you need to know

From what they are, to ensuring you are tax compliant, here’s everything you need to know to navigate the complex issue of directors’ fees.

Financial support for Victorian businesses hardest hit by lockdowns

Financial support for Victorian businesses hardest hit by lockdowns

Victorian businesses hardest hit by recent COVID-19 lockdowns will be able to access support payments under new and existing initiatives.

Victorian small businesses eligible for commercial tenancy relief

Victorian small businesses eligible for commercial tenancy relief

Commercial landlords are required to provide rent relief to eligible small and medium-sized businesses...
Financial support for Victorian businesses impacted by July 2021 lockdown

Financial support for Victorian businesses impacted by July 2021 lockdown

Following the commencement of Victoria’s fifth lockdown in July 2021, there are several support programs available to eligible businesses.

Victorian Government Circuit Breaker Business Support Package – applications now open

Circuit Breaker Business Support Package – applications now open

Small and medium businesses impacted by Victoria’s circuit-breaker lockdown restrictions may be eligible for support under new programs.

Law to ban cash purchases over $10,000 axed

Law to ban cash purchases over $10,000 axed

A proposed law to ban cash purchases of more than $10,000 and impose harsh penalties has been axed in...
Rules tighten for business director resignations

Rules tighten for business director resignations

The process of resigning as a director of a business has now changed, following the adoption of new federal...
What you need to know about JobKeeper payments and WorkCover premium

What you need to know about JobKeeper payments and WorkCover premium

Commonwealth Government JobKeeper Payments are made to eligible employers whose income has been significantly...
How to choose the right management software for your medical practice

How to choose the right management software for your medical practice

Finding the right management software for your medical practice will ease admin duties and allow you to focus on what’s important: your patients.

Choosing a corporate structure for your business

Choosing a corporate structure for your business

When starting a business, deciding on the appropriate structure is key. The size and type of your business,...
How to negotiate with the ATO if you have outstanding debt

How to negotiate with the ATO if you have outstanding debt

Businesses facing cash flow challenges can negotiate with the Australian Taxation Office (ATO) to manage...
Facebook offers $3 million in grants to Australian small businesses

Facebook offers $3 million in grants to Australian small businesses

Social media corporation Facebook has opened applications for small business grants to businesses in...