As part of the government’s economic response to the Coronavirus, the Coronavirus SME Guarantee Scheme provides support for small businesses to access credit. The $40 billion scheme is backed by the government, who cover 50% of the risk, with the remaining 50% covered by the lender for new unsecured loans to be used for working […]
Claiming Deductions For Working From Home To Be Made Easier
The ATO are announcing a ‘working from home shortcut’ measure for people to claim running expenses, now they are working from home due to Covid-19 restrictions. The new measure will allow people to claim a set rate of 80 cents per hour working at home. This provides a more straightforward system for people, without the […]
How To Keep Your Business Running During An Emergency
‘Business continuity’ is the process of planning out how your company can continue trading – when disaster hits. In essence, it’s your Plan B for how to set up a means of trading, when you don’t have access to your usual offices, workspaces or equipment. Right now businesses are having to put ‘Plan B’ into […]
The Value Of Cashflow Forecasting During A Crisis
During the ongoing coronavirus crisis, many sectors are seeing income either disappear completely or drop to dangerous levels. To be able to navigate the future path of your cashflow, you need to start forecasting – so you can map out your financial position over the coming months and can take the appropriate action to safeguard […]
Australia just threw a $130 billion lifeline to employers. Here’s what to do next
The JobKeeper stimulus program just announced by the Australian government will help small businesses retain staff amid the COVID-19 slowdown. Read on to find out whether your business qualifies, what steps to take, and when you’ll see payment. Note that the details and specifics of JobKeeper will become clearer over the next few days. We’ll […]
Need government aid for your small business? Don’t neglect this one step
Meeting payroll amid COVID-19 will undoubtedly be difficult for many Australian small businesses. So it’s reassuring to know that you may be eligible for a government cash-flow boost of up to $100,000. But you could miss out if you neglect a key bit of housekeeping: lodging your activity statement. That’s because your activity statement (or […]
Covid-19 Advice for Employers
The outbreak of the Covid-19 virus is having a huge effect on employers. The Fair Work Ombudsman has provided guidance about workplace entitlements and obligations. Talk to us about how to moderate the stress on your business
How To Achieve Business Success
The success of your business is in your hands. The path to success is a journey you can chart. And you can start right now. Change may be the only certainty in business, but you still need to know where you’re going. To plan for success, write it down or create a visual image of […]
12-step Checklist For Hiring Employees
Hiring employees can be extremely time-consuming, but it’s important if you want to grow your business. If you get the process right, you’ll ensure you hire the right people. And if you look after your employees, they’ll stay with you longer and your business will perform better. Here are 12 steps to follow in your […]
