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Each industry has its own items that may be deductible for income tax purposes. Have a look at the various cheat sheets that may be useful in preparing your personal income tax returns.
The Queensland Government is extending the Small Business COVID-19 Adaption Grant Program. As part of Stage 2 of Queensland's Economic Recovery Strategy - Unite and Recover for Queensland Jobs, up to $100 million is being made available to deliver a second round of grants, with half of this funding specifically earmarked for regional small businesses located outside of South East Queensland. Round 2 will open on 1 July 2020.
The $150,000 instant asset write-off has been extended to 31 December 2020
We have a new office address - sure, it's a virtual one - but it makes it a lot easier for us to manage various things
We know what it's like to be small business owners. We understand your stresses. We are in this together. Let us help you get through and thrive.
On 6 March 2020, the Treasury Laws Amendment (Recovering Unpaid Superannuation) Bill 2019 received Royal Assent and is now enacted in law. What does this mean for you?
Do you have processes set up for new employees? If not, we do - here's a basic package for using with new employees in your business
Fringe Benefits Tax (FBT) is a whole different ball game wih regards to the Australian Taxation system. Are you prepared for the 2020 FBT year (1 April 2019 to 31 March 2020)?
Parliament has passed legislation to encourage employers to catch-up on paying superannuation entitlements to staff.
December 2019 updates from the bookkeeping industry. Prepared by ICB for its members and their clients.
Building Business Relationships on a physical level is just as important as online interactions so join us in Toowong QLD once a month for business networking and quality conversation.
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Have a cuppa while you read it. :]
