Browsing Archive

June, 2020

Tips on recruiting the right employee for your business
People

Tips on recruiting the right employee for your business

By On 25 June 2020

As unemployment rates rise and more individuals compete for the same job, businesses with open positions may find themselves flooded with job applications and potential candidates. With so many individuals applying for… Read More

Expanding your business to different locations
Business

Expanding your business to different locations

By On 25 June 2020

Expanding your business to open in multiple locations can offer more opportunities and profitability. However, managing one location can be challenging enough, so it is crucial to examine and prepare for the… Read More

What to know about carrying on a business in an SMSF
Super

What to know about carrying on a business in an SMSF

By On 25 June 2020

Self-managed super funds can carry on a business providing the business is allowed under the trust deed and operated for the sole purpose of providing retirement benefits for fund members. Carrying on… Read More

New car threshold amounts for financial year
Tax

New car threshold amounts for 2020-21 financial year

By On 25 June 2020

New car threshold amounts will be implemented from 1 July 2020. Understanding the new thresholds and how they may affect your small business operations and vehicle usage will be important in preparing… Read More

Avoiding bad debts from your clients
Money

Avoiding bad debts from your clients

By On 18 June 2020

Running a business is challenging enough, and having to deal with bad debts can add an unneeded layer of stress for you and your team. The easiest way to handle bad debts… Read More

How your business can benefit from flexible workplace arrangements
Business

How your business can benefit from flexible workplace arrangements

By On 18 June 2020

Businesses working from home due to social distancing restrictions can take the opportunity to learn from the experience and consider new work structures coming out of COVID-19. This could mean increased flexibility… Read More

How to transfer a business property into your SMSF
Super

How to transfer a business property into your SMSF

By On 18 June 2020

Employers with a self-managed super fund (SMSF) looking to protect their business assets can consider transferring their business real property into their SMSF. Transferring business property into your SMSF is useful to… Read More

Landlord tax obligations under COVID circumstances
Tax

Landlord tax obligations under COVID-19 circumstances

By On 18 June 2020

Property investors may have a number of tenants that have temporarily paused their rent payments or are not paying the full amount of rent owed due to being impacted by COVID-19. Regardless… Read More

Options you can consider before declaring bankruptcy
Business

Options you can consider before declaring bankruptcy

By On 11 June 2020

Businesses struggling with debt may feel like declaring bankruptcy is their only option. Premature bankruptcy is an unfortunately common scenario but there are ways businesses can deal with unmanageable debt before declaring… Read More

Dividing SMSF assets when splitting with your partner
Super

Dividing SMSF assets when splitting with your partner

By On 11 June 2020

Running an SMSF under regular circumstances comes with enough compliance obligations as it is. Adding divorce or separation into the equation can raise even more legal and tax issues that need to… Read More