Blog

It’s that time of year again where you have the opportunity to give a ‘shout out’ to your favourite local businesses in Banyule by voting in the Banyule BestBiz Awards.…

A lot of small business websites are like billboards in the desert. They are attractive and flashy but with no passing traffic they don’t generate new customers or sales. The…

The vast majority of business owners in this country work hard, very hard. However, despite their best efforts, a lot of businesses never reach their full profit potential. There’s no…

Wishing all our clients and associates a happy, safe and prosperous 2018-2019 financial year! May this financial year be a rewarding year in all aspects of your life, including reaching…

The Treasurer, Scott Morrison handed down his third Federal Budget on Tuesday May 8 and there were no major surprises. In terms of the economy, the Budget deficit is forecast…

1. Children’s Income from Testamentary Trusts From 1 July 2019, the Government intends to change the law so that the adult tax rates and the tax-free threshold available to children…

1. Extending The $20,000 Instant Asset Write-Off By Another 12 Months The government will extend the current $20,000 instant asset write-off available for small business entities (i.e. businesses with an…

1. Phoenix Activity Phoenix activity is where companies are deliberately gutted of assets and income to pay their debts to the ATO and other creditors including employees. This activity has…