The Government’s ‘Secure Jobs, Better Pay’ legislation passed Parliament on 2 December 2022. We explore the issues.The Fair Work Legislation Amendment (Secure Jobs, Better Pay) Bill 2022 passed Parliament on 2 December 2020. The legislation is extensive and brings into effect a series ...
Read MoreWhat do the ‘Secure Jobs, Better Pay’ reforms mean?
Wednesday, December 07, 2022
120% deduction for skills training and technology costs
Tuesday, November 22, 2022
The Government has reinvigorated the 120% skills training and technology costs deduction for small and medium business.An election ago, the 2022-23 Budget proposed a 120% tax deduction for expenditure by small and medium businesses on technology, or skills and training for their staff. This propo...
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The Government has reinvigorated the 120% skills training and technology costs deduction for small and medium business.An election ago, the 2022-23 Budget proposed a 120% tax deduction for expenditure by small and medium businesses on technology, or skills and training for their staff. This propo...
Read MoreAcquiring collectables inside your SMSF
Tuesday, November 22, 2022
Clients with self managed superannuation funds (SMSF) often ask what assets the SMSF can acquire.‘Why’?The golden rule for acquiring assets inside your SMSF is why? To be compliant, your fund must be maintained for the sole purpose of providing retirement benefits to members, or to their dependan...
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Clients with self managed superannuation funds (SMSF) often ask what assets the SMSF can acquire.‘Why’?The golden rule for acquiring assets inside your SMSF is why? To be compliant, your fund must be maintained for the sole purpose of providing retirement benefits to members, or to their dependan...
Read MoreAustralian super funds gorge on cryptocurrencies
Tuesday, November 22, 2022
The value of cryptocurrency assets inside Australian self managed superannuation funds (SMSFs) increased by 589.9% ($1.17bn) between June 2019 and June 2022, according to the latest ATO statistics. While cryptocurrency is a relatively small asset class at only 0.16% of the $837bn held in SMS...
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The value of cryptocurrency assets inside Australian self managed superannuation funds (SMSFs) increased by 589.9% ($1.17bn) between June 2019 and June 2022, according to the latest ATO statistics. While cryptocurrency is a relatively small asset class at only 0.16% of the $837bn held in SMS...
Read MoreHow to sell your business
Tuesday, November 22, 2022
We’re often asked the best way to sell a business.There are two key components at play in the sale of a business: structuring the transaction; and positioning the business to the market. Both elements are important and can significantly impact your result. Structuring the transaction covers ...
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We’re often asked the best way to sell a business.There are two key components at play in the sale of a business: structuring the transaction; and positioning the business to the market. Both elements are important and can significantly impact your result. Structuring the transaction covers ...
Read MoreLessons from a data breach
Tuesday, November 22, 2022
The Optus data breach is top of mind for a lot of Australians, particularly those who have had their data breached.For business, the breach is a timely warning on the importance of understanding what data is held on your customers (and should you hold it?), how it is secured, how your systems wor...
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The Optus data breach is top of mind for a lot of Australians, particularly those who have had their data breached.For business, the breach is a timely warning on the importance of understanding what data is held on your customers (and should you hold it?), how it is secured, how your systems wor...
Read MoreRegister your .au domain
Tuesday, November 22, 2022
23:59 UTC on 20 September 2022 is the cut-off to register for your .au direct domain. The .au domain is the new, general purpose, shorter Australian domain name option. If you do not register the direct match of your existing domain for the direct .au domain, you risk your brand equity being...
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23:59 UTC on 20 September 2022 is the cut-off to register for your .au direct domain. The .au domain is the new, general purpose, shorter Australian domain name option. If you do not register the direct match of your existing domain for the direct .au domain, you risk your brand equity being...
Read MoreStates move on property based taxes
Tuesday, November 22, 2022
Queensland backs down on Australia wide land tax assessmentThe Queensland Government has backed away from an amendment that would have seen the land tax rate for investment property in Queensland assessed on the value of the investor’s Australia wide land holdings from 1 July 2023, not just the v...
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Queensland backs down on Australia wide land tax assessmentThe Queensland Government has backed away from an amendment that would have seen the land tax rate for investment property in Queensland assessed on the value of the investor’s Australia wide land holdings from 1 July 2023, not just the v...
Read MoreTo cut or not to cut? Stage three personal tax cuts
Tuesday, November 22, 2022
In September, amid a climate of startling interest rates, UK Chancellor Kwasi Kwarteng announced a series of tax cuts, including the reduction of the top personal income tax rate that applies to those earning more than £150,000 from 45% to 40%. Just ten days later, following market turmoil that s...
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In September, amid a climate of startling interest rates, UK Chancellor Kwasi Kwarteng announced a series of tax cuts, including the reduction of the top personal income tax rate that applies to those earning more than £150,000 from 45% to 40%. Just ten days later, following market turmoil that s...
Read MoreOvercome your customers fear of spending
Thursday, July 07, 2022
One of the biggest complaints from salespeople in a tight economy is the time it takes to achieve a sale. So, what can you do to speed up the sales process?Sell the solution not the productBranding is wonderful but unless your brand is as mighty as Coca Cola, it’s unlikely people will purch...
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One of the biggest complaints from salespeople in a tight economy is the time it takes to achieve a sale. So, what can you do to speed up the sales process?Sell the solution not the productBranding is wonderful but unless your brand is as mighty as Coca Cola, it’s unlikely people will purch...
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