Business
5 reasons why record keeping is critical for your business
May 23, 2022 | Business Keeping accurate and complying records is not only a legal responsibility of anyone carrying on a business, but is also vital for any business that wants to know their performance, therefore, you should give it the attention it requires. With the increasing adoption of bank feeds and online accounting, many…
Get Ready – Round 3 of Business Basics Grants opens 4th of May
April 21, 2022 | Business Update: Round 3 of the Business Basics grants will open for applications as follows: Regional Queensland funding – 9am, Monday 16th of May South East Queensland funding – 9am, Tuesday 17th of May Another round of small business grants program is set to start next month. This round will…
Director Penalty Notices and what to do if you receive one
April 13, 2022 | Business The ATO has recently issued warnings of director penalty notices (DPN) to businesses with outstanding debt. During COVID-19 the ATO pulled back from actively chasing debt, but now as we come out the other side of the pandemic they will begin to reengage with businesses. Their focus is to make…
Rising fuel prices: is it time to introduce a fuel surcharge in your business?
March 21, 2022 | Business Recent global instability has resulted in surging fuel prices throughout Australia and the world. With no end in sight to these price increases, a larger number of businesses are introducing fuel surcharges (often referred to as fuel levies) as a method to limit the impact on their margins and profits.…
Breaking: Major relief for disaster victims from Queensland Government
March 1, 2022 | Business In the wake of the extreme weather event lashing across Queensland, the state government has announced emergency funding for affected businesses. Disaster Recovery Funding Arrangements (DRFAs) are available for businesses in affected areas that need help getting back on their feet. The funding includes loans, subsidies, and grants to cover…
New support for COVID impacted businesses in NSW
February 9, 2022 | Business A new support package has been announced by the NSW Government in response to struggling small business owners. Small Business Support Package The NSW Small Business Support package provides eligible employing businesses with a lump sum payment of 20% of weekly payroll, up to a maximum of $5,000 per…
Brisbane City Council to waive fees for businesses, sports clubs and community groups
January 27, 2022 | Business As the local community learns to live with the Coronavirus pandemic, doing this in a cost-effective manner is key, given the uncertainty still present. The Brisbane City Council has announced a $5 million economic relief package to support local businesses, clubs, and groups, as they endeavour to bounce back from…
How to get huge wage subsidies for trainees between 2020 and 2022.
December 2, 2021 | Business Update 27 March 2022: Subsidy Extended to 30 June 2022 On 27 March, the Prime Minister announced that the Boosting Apprenticeship Commencements subsidy would be extended from its original end date of 31 March 2022 to 30 June 2022. This is fantastic news for small business employers around Australia. It means…
What is this lucrative Lord Mayor’s Women in Business Grant 2021
November 10, 2021 | Business The Lord Mayor’s Women in Business Grant 2021 will provide funding to support female business owners to progress their business in response to the devastating impacts of COVID-19. The grant will provide an opportunity for eligible organisations to apply for funding of up to $5,000 to build their business capability…
Breaking: Director IDs are coming. Action required for all company directors by 30 November 2022.
October 20, 2021 | Business Update: Information changed on the date directors must obtain a director ID. This date is now 30 November 2022. Are you a director of a company or planning on becoming one? From November 2021, you will need to apply for a Director ID from the Australian Business Registry Services (ABRS).…