By Chris Smith Federal Budget – Key Takeaways On 11 May, the Government released the Federal Budget for 2021/22. Continuing the theme from the Budget in October 2020, this budget was designed to stimulate the economy and create new jobs. While generally a positive budget for privately owned businesses, on the whole there is not …
By Chris Smith On 6th October the Government released the Federal Budget for 2020/21, and one of the stand out announcements is the Temporary Full Expensing of Depreciating Assets which will run until 30 June 2022.
By Chris Smith On 6th October the Government released the Federal Budget for 2020/21. A key announcement is the Loss Carry-Back Tax Offset that allows tax losses incurred in FY 2020, FY 2021, and FY 2022 to be offset against tax profits in FY 2019, FY 2020 and FY 2021.
By Chris Smith A handy checklist for small business owners who want to maximise their business’s cash position. June 30 is fast approaching and we know this can be a stressful time for many small business owners. Our EOFY / Tax Planning checklist can assist, with a reminder of the key actions that business …
