Video Increasing the Instant Asset Write-Off A Bill to increase the instant asset write-off from $20,000 to $25,000 and extend it 12 months to 30 June 2020

International business Expanding internationally can be pretty exciting for your business but the truth is, every country you plan to operate in is different and

Business tax The tax rate for all companies used to be at 30% but since 2015 it has been gradually decreasing. What is accelerated tax

Business tax Scott Morrison has promised further tax relief for small businesses in a speech that highlighted the importance of a strong economy. Morrison is

Payroll If your business employs people, you should know more about payroll tax – a self-assessed State and Territory based tax imposed in Australia. This

Fair Work More than 15% of Australian employees are paid based on a modern award but plenty of employers are still non-compliant mainly because awards

SMSF The ATO has reduced the timeframe it takes for SMSFs to become compliant and announced several changes with the process of issuing the compliance notice.

Business expenses Businesses often focus on fixed expenses such as rent, salaries and wages, machinery, vehicle and insurance, among others. However, it is also important

Business credit profile A good business credit profile is important especially for those who are looking to get loans or larger investments to grow their

Accountants for small businesses Plenty of small business owners think that they cannot afford an accountant, or they are saving money on hiring one.  However,