Recent articles

Is it time to hire a CFO?

CFO

In the beginning, hiring a CFO may seem unnecessary and maybe even a little extravagant. However, at some point it will be necessary to bring a CFO on board, either full time or on a consulting basis. Why? CFO’s have the expertise that reach beyond the level of a Bookkeeper. They can help take your …

Economic stimulus package

Economic stimulus package

This morning, the Morrison Government announced a $17.6 billion economic stimulus package to support Australian businesses as we are dealing with the significant challenges posed by the spread of the coronavirus. The package has four components: Supporting business investment Providing cash flow assistance to help businesses Targeted support for the most severely affected sectors, regions …

Coronavirus – How will this affect my small business?

coronavirus

The Coronavirus outbreak in China, which is now spreading throughout the world, has forced millions of people to stay at home and not travel which will have an obvious knock-on impact on the economy here in Australia. While the full financial impact of the outbreak on global business is still revealing itself let’s take a …

Superannuation obligations & you – the ATO is watching

Superannuation

With the roll-out of Single Touch Payroll (STP) now finalised for many employers, it’s never been a more important time to ensure that you’re complying with your employee obligations. The Australian Taxation Office (ATO) now have more information than ever before including detailed records of payments made to employees in real time. Given we consistently …

Tax sting on Australian Expatriates Main Residence

main residence

The re-introduced legislation to remove the Capital Gains Tax (CGT) main residence exemption for foreign residents has been passed by the Parliament on 5 December 2019 and is now awaiting Royal Assent. Let’s look at how this may affect you. The proposed legislation was originally introduced by the Government in February 2018 but had lapsed …

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