News

Mental health support for business owners

2021-09-30T16:39:53+10:001st October 2021|Accounting, News, Taxation|

Running a business can be an isolating experience. And, with COVID-19 lockdowns and disruptions to trade, the pressure can be intense.

NewAccess for Small Business Owners is a free and confidential mental health program developed by Beyond Blue to give small business owners the support they need. Whether you’re just feeling stressed, or

New laws will target ride sharing and accommodation platforms

2021-09-30T16:39:35+10:001st October 2021|Accounting, News, Taxation|

In an attempt to reign in undeclared income, proposed new laws will require platform providers in the sharing economy to report all transactions through their platforms.

Traditional employment models have shifted in favour of more flexible options including contracting, self-employment and use of labour hire. Consumers are increasingly paying to ‘use’ rather than

What are Lifetime Directors IDs and do you need one?

2021-10-28T10:25:28+10:0030th June 2021|Accounting, News, Taxation|

Updated 28/10/2021

From 1 November 2021, directors will be required to register for a unique identification number that they will keep for life, much like a tax file number under a rewrite of Australia’s business registers.
As director, you must apply for your director ID yourself as you will need to verify your

Can you use prepayments to your advantage?

2021-06-21T17:01:38+10:0021st June 2021|Accounting, Advisory, News, Taxation|

Are you ready for the end of the financial year?

The 2021 end financial year is just around the corner, have you contact us yet to see how we can help you?

In this episode, Ryan Sheppard discusses closing your books in relation to end of year prepayments.

So, what are prepayments?

Watch episode 5 now

What are carry forward concessional contribution rules?

2021-06-15T16:49:12+10:0015th June 2021|News|

Are you ready for the end of the financial year?

With less than 2 weeks until the end of the 2021 financial year, there’s no better time than now to put plans in place to make the new year shine.

In this episode, Cassie Weston discusses carry forward concessional contribution rules.

So, what are carry

What is a rental property depreciation report?

2021-06-06T17:44:38+10:006th June 2021|Accounting, News, Taxation|

Are you ready for the end of the financial year? The end of financial year can be stressful enough, why not let us help you strategise ways to start the new year on a high?

In this episode, Shaun Allen discusses rental property depreciation reports.

So, what is a rental property depreciation report and

New laws simplify insolvency for small businesses

2021-04-06T14:37:30+10:006th April 2021|Accounting, Advisory, News, Taxation|

On 1 January 2021, new laws came into effect that introduce a new, simplified debt restructuring and liquidation framework for small business.

Drawing on key features of the Chapter 11 bankruptcy model in the United States, the new system aims to speed up the insolvency process, reduce costs and where possible, restructure