Blog & Resources

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

2022 Budget – Business Taxation

2022 Budget – Business Taxation

Deduction boosts for small business: skills and training and digital adoption The Government announced two support measures for small businesses (aggregated annual turnover less than $50 million) in...

2022 Budget – Tax Compliance and Integrity

2022 Budget – Tax Compliance and Integrity

ATO's Tax Avoidance Taskforce: extended operation, more funding The Government will provide $325 million in 2023-24 and $327.6 million in 2024-25 to the ATO to extend the operation of the Tax...

2022 Budget – Other Measures

2022 Budget – Other Measures

One-off $250 cost of living payment The Government will make a $250 one-off cost of living payment in April 2022 to 6 million eligible pensioners, welfare recipients, veterans and eligible...

2022 Budget – Superannuation

2022 Budget – Superannuation

2022 Budget - SuperannuationSuperannuation pension drawdowns - 50% reduction extended to 2022-23 The temporary 50% reduction in minimum annual payment amounts for superannuation pensions and...

2022 – FBT: What you need to know

2022 – FBT: What you need to know

Is your business at risk of a nasty Fringe Benefits Tax surprise? We’ve outlined the ATO’s ‘red flags’ for employers and employees. FBT updates and problem areas: COVID-19 assistance and benefits...

FBT & Motor Vehicle Fact Sheet

FBT & Motor Vehicle Fact Sheet

FBT & Motor Vehicles - Fact Sheet Motor Vehicle Speedometer Reading For all Motor Vehicles used in your Business, it is imperative that you keep a note of the speedometer reading of each vehicle...

An Update from HFB Digital Solutions

An Update from HFB Digital Solutions

An Update from HFB Digital Solutions In 2017, Google introduced a Questions and Answers section for Google My Business, which allows customers to ask businesses questions on Google My Business. They...

Immediate Deductions Extended

Immediate Deductions Extended

Temporary full expensing enables your business to fully expense the cost of: new depreciable assets improvements to existing eligible assets, and second hand assets in the first year of use....

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