Accounting & Wealth Insights

Many business owners seek the services of a professional business accountant to help them with compliance. Of course, they can complete your quarterly business activity statements and file your annual tax return… but there is so much more that a good accountant can offer you.

The Fair Work Act 2009 was amended on Friday 26 March 2021. The amendments include changes to workplace rights and obligations for casual employees These changes were made by the Fair Work Amendment Act 2021.

Changes from 1 July 2021 will impact how much money you can contribute to superannuation and how much you can have in your retirement phase superannuation account.

Most business owners are always focused on one thing… business growth. Investing time and energy into creating a truly successful venture can be all-consuming and often they spend countless hours doing lots of work, but not receive a proper pay-packet.

It’s quite possible that you’ve never heard of the term ‘the sandwich generation’ but it is the name given to an ever-increasing group of Australians. A group that you might well be a part of! As our population ages, more and more people find themselves providing support for their ageing parents while also caring for dependent children.

Start-ups can be an exciting endeavour, but they can also fail for a multitude of reasons. Some of the most common reasons why start-ups fail include no market need, running out of cash, not having the right team and getting outcompeted.

JobMaker is a credit available to eligible businesses and non-profit entities that create new jobs (not if you are merely replacing someone who left). The hiring credit is available for jobs created from 7 October 2020 until 6 October 2021