Insights

As house prices continue to remain high in a competitive market, for those with a significant portion of land, the attraction of subdividing the family block may appeal as a source to increase wealth, build a property portfolio, or downsize for retirement.

One of the most common issues raised by business owners during the New Financial Year period often pertains to how to build a continuous ‘pipeline’ of leads and potential clients, which can be converted into increased revenue and business growth over time.

Over the past 24 hours, the Palaszczuk Government released their QLD State Budget 2022-23, dedicated to creating more jobs across industries, delivering better services, and protecting the Queensland lifestyle.

Whether you’ve newly purchased or have a well-established operation, preparing your Management Rights business for sale is an important scenario to consider in the back of your mind.

As of 1 July 2022, there are a number of important changes which come into effect impacting employers and the Superannuation of employees.

In our latest Building Your Business podcast episode, Chris Lewis chats with Smiljan Jankovic as they discuss what has been seen across the last 12 months in the Management Rights industry, and an overall sector update MLR professionals.

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.