Starting November 13th 2023, all types of businesses with an Australian Business Number (ABN) must use the client-to-agent linking nomination process to make any of the following […]
The QBCC (Queensland Building and Construction Commission) has recently updated their accounting regulations for QBCC licensees when changing their maximum turnover limits. The changes to their regulations are […]
The Federal Government just passed a bit of legislation that has been hanging around for a while now. An additional 20% tax deduction for expenditures incurred […]
As the end of the financial year approaches, it’s essential to start thinking about tax planning. Tax planning is the process of analyzing your financial situation […]
Fringe benefits tax (FBT) planning is an essential part of managing an Australian business, as it can help you minimize your FBT liability and ensure that […]
Budgeting is a crucial aspect of any successful business. A budget is a financial plan that outlines the company’s projected revenues, expenses, and profits over a […]
Businesses require a systematic approach to monitor their financial performance to ensure that they are on track to achieve their objectives. The key performance indicators (KPIs) […]
The Queensland Government has announced the open dates for round 4 of the Business Basics Grants for Queensland small businesses. The application process will start with Registrations […]
Directors are now required to verify their identity and apply for a Director Identification Number (director ID) in an effort to deal with illegal phoenix activities and improve […]