29 July 2019 An Export Market Development Grant (EMDG) is offered to businesses who promote goods or services overseas. The EMDG program is an incentive scheme run by the federal government, set up to help Australian businesses grow in international markets. How does...
21 June 2019 There’s recently been big tax law changes that may reduce the tax deductions for many businesses across Australia. This may happen if you: 1. Don’t lodge your BAS’s on time; or 2. Don’t lodge your payroll each week using Single Touch Payroll (STP); or 3....
9 May 2019 The ATO has indicated it will be looking closely at the following fringe benefits tax issues this year. According to the ATO website, the following FBT issues will be closely monitored this year: failing to report car fringe benefits, incorrectly applying...
1 May 2019 If you’re a small business, this is a great opportunity to consider acquiring assets to help your business flourish. What it means for small businesses The popular instant asset write off for small business has been extended and increased. The new...
17 April 2019 Employers can access a free online course to ensure they understand their employer superannuation guarantee obligations. The course is available on the ATO website and takes approximately 2 hours to complete. The employer superannuation course is...
3 April 2019 With an election soon to be called, Treasurer Josh Frydenberg has announced the 2019-20 federal budget. Most notably, personal income tax cuts and energy assistance payments are on offer for individuals, while small/medium businesses are set to benefit...
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