Business
What is the lucrative R&D Tax Incentive and how do I apply?
March 10, 2021 | Business During these uncertain times, many organisations are taking extraordinary steps to try and steady the ship and continue business as usual. Subsidies like JobKeeper and the Cash Flow Boost are extremely well known, however, how much do you know about the R&D Tax Incentive? This article details how to determine…
DEXT: Receipt Bank Relabelled
March 3, 2021 | Business One of the most useful accounting tools on the market Receipt Bank has now renamed to Dext. Its main purpose is to automatically capture and categorize invoices in seconds. It is noted that changes in accounting technology are common and should not lead to any eyebrows being raised. Those aware…
Hiring a contractor vs an employee: all you need to know.
February 26, 2021 | Business Business is booming and you need an extra set of hands to keep on top of the workload, that’s great news. You are now ready to hire some extra help. With seemingly more obligations to engage an employee than to hire a contractor, it would be easier just to get…
4 fresh government initiatives introduced for Victorian business owners
February 25, 2021 | Business The Victorian Government has introduced further funding to help businesses impacted by the circuit breaker action to limit the spread of COVID-19. They have made $143 million on offer for eligible businesses and there are four initiatives available: 1. Business Costs Assistance Program The new Business Costs Assistance Program helps eligible businesses…
How to hire and pay family members
February 24, 2021 | Business “Small and family businesses are the engine room of our economy” – Scott Morrison has been repeating this statement over the last year during the pandemic. There are a number of measures in place to support these businesses. One of them is to postpone the Single Touch Payroll (STP) reporting…
5 ways to stay on top of software subscription expenses
February 17, 2021 | Business Almost all the software available for businesses is now subscription based. And although most of them seem to be affordable individually, you can easily accumulate a large monthly expense. 1. Review and analyse what you are paying now Studies have shown that on average 89% of people are paying…
4 Vital business expenses worth reviewing
February 17, 2021 | Business It is hard to know whether you are using the best products and services for your business. Business owners’ top priority is to get bang for their buck, and without proper guidance, this can be difficult to achieve. This article details 4 expenses you should review, and determine whether something…
Extremely competitive Round 3 of the Community Childcare Fund is now open!
January 20, 2021 | Business There is up to $117.4 million available under this grant opportunity. The purpose of these grants is to support services in disadvantaged and vulnerable communities. Funding will be available under three elements: sustainability, community, and capital. Eligible applicants can submit one application for each of the elements and services funded…
4 Costly legal obligations some employers don’t know about
January 13, 2021 | Business With the new year underway, now is the time to take the courageous step of hiring the employee your business needs. You must ensure that your legal obligations are met, as the consequences can be brutal if they aren’t. This article summarises a few key obligations which must be met…
5 Crucial reasons to change accountants in the new year
January 6, 2021 | Business A lot of business owners are not happy with their current accountant, however, they don’t make the choice to change. Why? It has been proven that sometimes people prefer to accept poor quality of something they know, as opposed to going out in the realm of the unknown and finding…