Posts

7 Ways to Navigate the Changing Employment Landscape

COVID-19 has had a big impact on employment, though the impact is not yet fully understood

No doubt there will be positive outcomes, like employees leaving unrewarding jobs to pursue new challenges. Likewise, some businesses will ‘rationalise’ their workforces to better serve shareholders, customers and employees.

One thing won’t change. Most businesses will still need people […]

Protect your business with the PPSR

Personal Property Security Register (PPSR)

Registering on the PPSR is a way to let people know if personal property such as cars, goods or company assets have security interests over them.

With the difficulties that small businesses are facing from the effects of the pandemic and natural disasters, business owners are increasingly having to put […]

FBT, COVID-19 tests and the otherwise deductible rule

Be aware of the rules and exemptions regarding COVID-19 testing

Whilst FBT obligations do exist, there are exemptions and deductions that can be granted when providing COVID-19 tests to employees

You may have to pay Fringe benefits tax (FBT) if you:

provide your employees or their family members with COVID-19 tests such as a rapid antigen test, […]

COVID-19 test expenses

From 1 July 2021, if you pay for a COVID-19 test for a work-related purpose, you can claim a deduction.

This only applies if you’re an employee, sole trader or contractor.

When you can claim COVID-19 testing

From 1 July 2021, to claim a deduction for the cost you incur to pay for a COVID-19 test, […]

Small business struggling to go green?

How digital tools can help your carbon footprint

With COP26 behind us, did we make any progress in the small business community?

We all have a role to play and, while small businesses may be facing many challenges on the home front – from Brexit fallout to Covid recovery and more – there are still […]

2022 NSW Small Business Support Grant

Service NSW detailed guidelines for 2022 Small Business Support Grant

Key points:

The Grant is intended to assist businesses that were impacted by the Omicron wave, particularly businesses in the hospitality and entertainment industries The Grant will provide cash flow and help these businesses maintain employee-employer relationships. Available funding One-off payment covering the four-week period […]

Parents NSW Vouchers

Information for parents and business owners

The NSW Government has launched Parents NSW Vouchers to thank parents, guardians and carers who provided home learning to their school-enrolled children during 2021.

From February 2022, one person from each eligible household can apply for 5 x $50 vouchers, worth $250 in […]

NSW business support after Omicron

NSW business recovery support

The State Government has announced new programs, grants and rebates to support business recovery in NSW, including:

new 2022 Small Business Support Program expanded small business fees and charges rebates extending the Commercial Landlord Hardship grant extending the NSW Performing Arts Relaunch Package The 2022 Small Business Support Program

This new […]

NSW announces online witnessing measure

Online witnessing of legal forms passed in Parliament

The signing of legal documents such as wills, statutory declarations, and affidavits can be done more efficiently with online witnessing of the task.

The legislation that allowed the remote witnessing scheme as a temporary response to COVID-19, is now a permanent feature in NSW.

The 

Reviewing business performance

Why just reviewing top-line financial half-yearly performance is no longer enough

In our new business world, annual reporting is becoming redundant because, by the time annual results are consolidated and produced, the data is already obsolete and the market has moved on.

In the changing commercial landscape, delaying indepth business reviews until the end of […]