If you are one of the thousands currently working from home during the COVID-19 ‘shut down’, you may be able to claim a deduction for some of the expenses for your ‘office’ area. There are two parts to this, those employees working from home and businesses where their principal place of business is their home – effectively running their business from home...

American business magnate, Warren Buffet said, “Only when the tide goes out do you discover who’s been swimming naked.”  When the economy is booming, we tend not to worry about our level of debt or expenditure on non-essential items. As the shock of the coronavirus wears off, it’s time to move into the planning phase and develop a clear strategy. The following checklist serves as a useful action plan ...

The 2019/20 financial year has been extraordinary and the number one priority for most business owners right now is cash flow, so tax planning has never been more important. With June 30 fast approaching you need to act quickly to ensure that we help you minimise your tax liability   

Pivoting is something business owners normally do when they sense the business needs a change of direction. The COVID-19 pandemic's arrival with little or no warning has caused most Australian businesses, both big and small, to effectively go into hibernation. The question is, could your business benefit from pivoting in the current environment?   .

The Government is allowing individuals affected by the Coronavirus to access up to $10,000 of their superannuation in 2019-20 and a further $10,000 in 2020-21   

The coronavirus has been labelled the biggest global crisis for three generations and has stopped the economy in its tracks. Thousands of businesses have gone into hibernation and self-isolation rules have changed the way we live. Business owners face never seen before challenges and to help navigate your way we provide a checklist and other resources to help our clients  

On Monday 6th April we ran a webinar The Government Stimulus -Your Questions Answered’,  where our Principals ran through the Government's Coronavirus Stimulus Package and other information that business owners need to know about right now

Recently the Victorian Government released a $1.7 billion Economic Survival Package.

As part of the Economic Survival Package the government is offering a $10,000 ‘Business Support Fund’ grant to eligible Victorian small businesses.