In an effort to make Queensland the place to be for small business, three new grants programs worth $25 million over two years have been announced by the Queensland Government. The announcement comes during Small Business Month; the theme of which is ‘bounce back better’.
Only twelve months ago we were in the thick of a Covid recession, but according to Josh Frydenberg “Team Australia” is bouncing back. It comes with the announcement of the 2021 Budget, which promises $30 billion in tax cuts. Here’s some highlights for small-medium business owners, as well as families.
Every year, after the March quarter ends we commence tax planning with our clients. Whilst most accountants offer this service, there are a few things you can do within your business to help the process along or consider prior to speaking with your accountant.
The commencement date for Single Touch Payroll (STP) is fast approaching, so what is it and what do you need to do to prepare?
Whilst we were all enjoying the Christmas break, the passing of the downsizer superannuation contribution (DSC) legislation occurred. So what is this additional form of contribution and what are the specific criteria that is required to be met?
Sometimes it can feel like someone’s turned the tap off on your cashflow – we’re exploring what to do when this happens to get the cash flowing again.
When it comes to succession planning we often look outside the business for the next CEO rather than internally. In a recent HBR article Joseph Bower explores the trends in S&P 500 companies, finding that 80% promoted insiders in the past 12 months. So, which strategy is more successful and why?
Setting goals is the key to achieving pretty much anything worthwhile in life. Whether it be in business, in your personal life, with health, with your family and children. If you don’t set goals how do you know where you are going? How do you know when you get where you wanted, so you can set some more goals?
