Insights

We provide our expert opinion, news, and knowledge to help keep you informed and aimed towards building your business.

Establishing Internal Controls & Risk Management for SME Busineses

Apr 11, 2022

As business owners, significant time can be dedicated to growing your organisation and shaping it for the future. However, often neglected can be the time taken to ensure that proper protections are put in place, which can combat against potential risks that may arise both internally and externally.

Proposed New Tax Residency Rules for Expats

Mar 22, 2022

As Australia re-opens its international borders in a return to ‘normal’ life following forced closures throughout the COVID-19 pandemic, many expatriates may be considering this as an ideal time to return home to family and friends – resettling life back Down Under.

QLD Disaster Recovery Grant | February / March Flood Response Support

Mar 07, 2022

In response to the impacts of the recent South-East Queensland rainfall and flooding, the Queensland Government has announced the release of its ‘Extraordinary Disaster Assistance Recovery Grants’, designed to support affected small businesses in their recovery.

Varying PAYG Instalments due to COVID-19

Nov 24, 2021

Taxpayers can vary their pay as you go ('PAYG') instalments throughout the year if they think they will pay too much, compared with their estimated tax for the year.

To assist taxpayers who continue to be affected by COVID-19, the ATO has stated that it will not apply penalties or interest on varied instalments for the 2021/22 income year for excessive variations when the taxpayer has taken reasonable care to estimate its end of year tax.

New Queensland Stamp Duty Relief for Small Businesses

Nov 24, 2021

Under newly revised legislation which took effect earlier this year, eligible small businesses can now restructure from trading discretionary trusts to trading companies, gaining access to a Stamp Duty Exemption in Queensland.

August 2021 - QLD COVID-19 Lockdown – Financial Assistance Packages

Aug 03, 2021

Whilst more details are still to be announced by the QLD Government in the coming days, businesses impacted by the latest lockdown restrictions in Queensland may be eligible for financial assistance and support through the 2021 COVID-19 Business Support Grant.

Superannuation Guarantee base rate to increase to 10% from 1 July 2021

Jun 02, 2021

As confirmed in this year's Federal Budget, a reminder that from 1 July 2021, the Superannuation Guarantee (SG) base rate is set to increase to 10 per cent, rising from 9.5 per cent.