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How to sell your business

We’re often asked the best way to sell a business. There are two key components at play in the sale of a business; structuring the transaction and positioning the business to the market. Both elements…

COVID-19 Vaccinations and your Workplace

The first COVID-19 vaccination in Australia rolled out on 21 February 2021 preceded by a wave of protests. With the rollout, comes a thorny question for employers about individual rights, workplace health and safety, and…

Fringe Benefits Tax 2021

Fringe benefits tax (FBT) is one of Australia’s most disliked taxes because it’s cumbersome and generates a lot of paperwork. The COVID-19 lockdowns have added another layer of complexity as many work patterns and behaviours…

The COVID Productivity Gap

A recent article published in the Harvard Business Review by Bain & Co suggests that the pandemic has widened the productivity gap between top performing companies and others stating, “Some have remained remarkably productive during…

Business Support Packages: Circuit Breaker Action

Following the recent Circuit Breaker Action, the State Government announced a specific business support package to provide financial support for eligible businesses. The $143 million package includes four key initiatives including: Business Costs Assistance Program:…

What’s in a business name?

Are you thinking about starting a new business? Then you will need a business name. But what’s in a business name and how do you get it right? We’ve compiled a list of tips to…

Claiming Refunds for Tax Losses

If your company has made a loss, you may be able to claim a tax refund for tax previously paid on profits. In the 2020-21 Federal Budget, the Government announced that businesses with turnover under…

JobMaker Explained

We’ve had quite a few questions about the JobMaker hiring credit announced in the 2020-21 Federal Budget. The legislation enabling the JobMaker scheme passed Parliament in mid-November without changes. What is JobMaker? JobMaker is a…

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