Blog & Resources

We keep you updated with what you need to know when it comes to running a business in Australia

Further insolvency reforms

Further insolvency reforms

Date of effect 1 July 2020 The Government has announced that it will further streamline insolvency laws: Review of trusts - Review how trusts (a common vehicle for SME businesses) are treated under...

Automotive R&D tariff concession extended

Automotive R&D tariff concession extended

Date of effect 1 April 2021 The automotive research and development tariff concession will be extended for a further four years until 30 June 2025. Companies registered under the Automotive...

Early engagement process for foreign businesses

Early engagement process for foreign businesses

Date of effect 1 July 2021 The ATO will introduce a new early engagement service specifically aimed at foreign businesses that are looking to invest in Australia. The service aims to provide...

Heavy road vehicle charge increase

Heavy road vehicle charge increase

Date of effect 1 July 2021 The Heavy Vehicle Road User Charge will increase from 25.8 cents per litre to 26.4 cents per litre from 1 July 2021. Click here to learn about other 2021...

Extending supports for the arts sector

Extending supports for the arts sector

The Government will provide $222.9 million over two years from 2020-21 to continue to support the arts sector through the impacts of COVID-19. Funding includes: Expansion of the Restart Investment...

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team@hfbgroup.com.au

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