It might be tempting to put a lot of your purchases onto your credit cards. They’re an easy way to pay, but an even easier way of getting into debt. Especially if you’ve been splurging with it during this gift-giving season. The following are some tips that will make it easier for you to stay…
Are you considering giving your employees a treat this year as a thank you for their hard work? Certain gifts that are given to your employees may be claimable as a tax deduction under strict conditions and rules. During this time of giving, a Christmas gift can be rewarding to both the employee and the…
Are you an SME who has been impacted economically by COVID-19, and who could use financial assistance to get back on their feet? The SME Recovery Loan Scheme has been extended to 30 June 2022 with a reduced Government guarantee of 50 per cent. This is known as the 2022 Scheme expansion, where loans will…
Copyright is plagued with a lot of misconceptions and myths that lead to a lot of misgivings. In a business world where outsourcing for content is more frequent than ever before, it can also lead to legal issues as to who exactly owns said content. If a business hires an outside writer to create blog…
Is your ABN at risk of cancellation? You might not have thought about it, but it’s a distinct possibility for businesses, especially after a few years of considerable fluctuations. As a resident of Australia, you are entitled to an ABN if you’re: carrying on or starting an enterprise in Australia making supplies connected with Australia’s…
There are plenty of ways to maximise your superannuation contributions prior to your retirement at any time of your life. As the means of funding your nomadic lifestyle, your seachange or your downtime after retiring, you want to make sure your superannuation is equipped to handle it. The Australian Taxation Office recommends that you should…
Taking care of invoices and billing payments can often be an onerous task for many small businesses. However, very few things are more important in the business industry than getting paid on time, since delays in payments can disrupt a business’s cash flow quite seriously. In these times, interruptions to cash flow could be significantly…
Superannuation can be confusing at the best of times for the average Australian. However, for those experiencing the effects of dementia, or living with those affected by it, access to their superannuation can become a financial issue of great magnitude. Dementia is not a specific disease, but rather a term that describes symptoms associated with…
While your business may not necessarily be planning an extravagant bash after the events of this year, a Christmas party may be on the menu for your hard-working employees. Planning out your Christmas party in a COVID-safe manner with a little knowledge of the tax deductions you might be able to claim back can make…
Australia has a very competitive business environment that relies heavily on maintaining a fair market for all traders involved, It’s to ensure that no one business maintains a monopoly in a specific market, using specific legislation that limits the effect that some mergers or acquisitions of the business market may have on the competition. By…