Business
What is the SME Recovery Loan?
March 31, 2021 | Business Were you receiving JobKeeper for the January quarter? You may be eligible for the Small-to-Medium Enterprises (SME) Recovery Loan. The Government has introduced a Recovery Loan Scheme to aid businesses with the termination of JobKeeper. The Government will work with lenders and ensure that eligible firms will have access to…
NSW small business rebate
March 31, 2021 | Business NSW small businesses are eligible for a $1500 rebate to cover government fees and charges from 1 March 2021 to 30 June 2022. Funds can be used to offset the costs of eligible NSW and local government fees and charges. These include, but are not limited to: food authority licences…
3 day lockdown and what this means for your employees
March 31, 2021 | Business The Fair Work website has been updated on the 29th March 2021 with information regarding workplaces shutting down due to the three day lockdown. Fair Work has stated that employers may be able to stand down their employees during the lockdown period if the sudden closure is outside the employer’s…
Female Founder Grant
March 30, 2021 | Business This federal program, as the name suggests, is targeted at supporting female founded (majority owned and led by women) start ups who are looking to scale their business into domestic and global markets. Key information: Close date 22 April 2021 Grant amount between $25,000 and $480,000 The grant amount…
Why is it important to pay superannuation on time?
March 30, 2021 | Business If you hire employees in your business, superannuation is something you would need to budget for when calculating your cost. Under the superannuation guarantee, employers must pay superannuation contribution of 9.5% (2020/2021) of an employee’s ordinary time earnings if an employee is paid $450 or more before tax in a…
What is the epic new Exporting Grant for Queenslanders?
March 25, 2021 | Business As of Monday, a new grants program has opened aimed at helping Queensland export businesses better sell their products online to overseas customers. The new E-commerce Grants Program of up to $10,000 (total value of grants to approve is $400,000) is available for Queensland Exporters that already have an E-commerce…
5 Automation tricks to boost your business efficiency.
March 18, 2021 | Business The core of automation focuses on implementing a system to complete a task (mainly repetitive) without the need for human intervention. Therefore, you first need to focus on those things you do that are repetitive. There are hundreds of opportunities to automate and most of them are easy and cheap…
4 Exciting possibilities when JobKeeper ends
March 17, 2021 | Business With JobKeeper payments due to finish in the near future, there is a fair amount of speculation as to what will replace the wage subsidy. The government has been clear that JobKeeper will cease, but with nearly a million Australians still relying on it as of the end of January, Treasurer Josh Frydenberg has…
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…