QLD Business Basics Grant | Round Three Applications Open from 16 May 2022

May 11, 2022

Following its initial introduction in 2021, from 16 May 2022, applications will open for the Queensland Government's Business Basics Grant Program - Round Three, available to small businesses to increase core capabilities/skills and adopt new best-practice methodologies.

Federal Budget 2022/23 - Insights & Analysis

Apr 05, 2022

On Tuesday, 29th March, Federal Treasurer Josh Frydenberg delivered the 2022/23 Federal Budget, focused on supporting Australians against the rising cost of living, and build the post-pandemic recovery for the economy as this begins to take shape.

Fringe Benefit Tax - Update 2022

Mar 18, 2022

As we approach the end of the Fringe Benefit Tax year for 2021/22, it is important for SME businesses to continue to maintain obligations ahead of the 31 March Year-End date.

QLD Extraordinary 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.

Fuel Tax Credits - New Credit Rates Update | February 2022

Feb 07, 2022

For businesses managing a vehicle fleet, the Fuel Tax Credits scheme can be an excellent route for operators to claim full or partial credits for the fuel tax (excise or customs duty) that's included in the price of fuel.

Welcome to 2022 - Executive Chairman's Message

Jan 19, 2022

Happy New Year and may it be a successful 2022.

New Super 'Stapling' Choice Rules now in Effect from 1 November 2021

Nov 29, 2021

Following Royal Assent of the ‘Your Future, Your Super’ legislation, new Superannuation Fund rules apply surrounding a new employee’s superannuation account, which will now follow them from job to job unless they make an active choice to nominate an alternative.

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.

Lord Mayor's Women in Business 2021 Grant

Nov 15, 2021

Announced late last month, the Brisbane City Council & Brisbane Business Hub has released their "Lord Mayor's Women in Business Grant 2021", aimed at supporting female business owners to grow and develop their businesses in response to the impacts of COVID-19.