Small to Medium
Remain up to date with the latest industry specific news, advice and updates
2 July 2020
The due date for the 2020 annual reconciliation has been extended to 30 October 2020.
When people are looking for a local business, product or service, most people pull up their favourite search engine to do some research, and there are endless statistics to demonstrate how important it is for businesses to have a digital presence. However, for business owners it can be overwhelming to know where to start.
On 1 April, there were changes made to the laws in relation to Director’s responsibilities and superannuation guarantee reporting.
We live in a world where cyber crime is real. IT infrastructure and emails can be infiltrated by stealth to the point where emails are being monitored or altered without your knowledge. Scary, but true.
Just like software packages that adopt two factor authentications, we should consider adopting the same principal for confirming bank account details.
Many business owners have found that owning their commercial property within their SMSF, when used appropriately, can be a powerful way to boost retirement savings by paying a market rate of rent to their SMSF rather than to an external party.
Commercial vehicles such as certain types of utes, dual cab utes, four wheel drives etc, may be exempt from FBT.