Insights

You may be able to claim a tax deduction for motor vehicle expenses if you have used your vehicle for work-related purposes.

For Management Rights owners, remaining compliant with governing standards is an essential business and licensing requirement – regardless whether you are a seasoned operator or new to the industry.

In our latest Building Your Business podcast episode, Chris Lewis hosts Dominic Doan - Associate Lawyer, McLaughlin & Associates and Ian Walker as they discuss the Legal and Accounting considerations involved in Commercial Lease Agreements.

After two years of significant spending by the Government amid the COVID-19 pandemic in providing financial assistance to businesses and individuals, the Government will now be looking at ways to boost revenue and recoup the money spent to support the economy through the pandemic. With increased funding being provided to the ATO, we can expect to see a rise in the level of review and audit activity in areas the ATO believe mistakes are being made by taxpayers.

Regardless of industry, the upcoming New Financial Year presents an ideal opportunity for business owners to review the results of the previous 12 months and begin formulating a plan for the fiscal year ahead.

In our Building Your Business podcast episode, Chris Lewis hosts Jonathan Mamaril - Director & Principal, NB Lawyers - the Lawyers for Employers, and Smiljan Jankovic as they speak to the Legal and Human Resources considerations workplaces now face in today's post-COVID-19 pandemic "new world".

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.

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.

This has been a quarter of drama from extreme weather events to devastating wars, from hype around inflation to hype of rising interest rates, from the passing of sporting icons to the commencement of the winter football codes – our thoughts are with everyone that has been affected.

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.