There are four commonly used business structures in Australia:
Sole trader Partnership Company Trust
It’s important to understand the responsibilities of each structure because the structure […]
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, […]
The package will support businesses unable to operate due to these necessary public health measures, including targeted support for the events […]
It will help small businesses and sole traders affected by the recent 5-day circuit-breaker restrictions.
The Circuit Breaker Support Package will offer:
$2000 grants for eligible employing and non-employing businesses in the hospitality, food wholesaling, tourism, events […]
Spaces for the Small Business Digital Adaptation Program are limited. Registrations will remain open until funds are exhausted or until 11.59pm on 28 February 2021, whichever is earlier.
The program […]
Speech Pathologist Karla Morison was new to business ownership
Matt Salisbury was Karla’s accountant since 2004. Having never managed a business before, Matt was a natural choice for […]
The federal government has expanded eligibility access to social security payments in response to the economic fallout from COVID-19.
This includes an additional $550 per fortnight Coronavirus supplement payment.
The Coronavirus […]
Setting up a business structure
We explain the benefits and disadvantages of different types of business structures. Sole trader
A sole trader is the simplest business structure and it is inexpensive to set up because there […]