Australian Federal Budget 2022 – the AfterPay Budget – Vote Now Pay Later!

Australian Federal Budget 2022 The AfterPay Budget  Vote Now Pay Later!   Last night, Treasurer Josh Frydenburg delivered the Australian Federal Budget for the next 12 months. But in reality, with the election about to be announced – with an expected poll date of May 14, 2022, (the PM mentioned this date on 2GB thisContinue reading “Australian Federal Budget 2022 – the AfterPay Budget – Vote Now Pay Later!”

The Director ID system is now in place. Please take action on this asap.

  The Director ID system is now in place. Please take action on this asap. The Federal government have now set up an identification system for all company directors in Australia.   Like your Tax File Number or an ABN, it is a unique identifier used with all entities in which a person holds aContinue reading “The Director ID system is now in place. Please take action on this asap.”

When your Oxygen supply becomes your water leak! Lessons in business from the fish tank of life.

  When your Oxygen supply becomes your water leak! Lessons in business from the fish tank of life. Those of you who have been to my office, or perhaps seen the background on our Zoom chats, will know that I have a fish tank just behind my desk. Freshwater Tropical Fish.  They are relaxing toContinue reading “When your Oxygen supply becomes your water leak! Lessons in business from the fish tank of life.”

I’ve got the Lockdown Blues – cause I can’t play to a crowd!

 I’ve got the Lockdown Blues – cause I can’t play to a crowd!     <!– –>   With the series of lockdowns and curfews occurring in Victoria since May 27, 2021, one of the most affected areas, is the performing arts industry.   Singers, musicians, writers, actors, and also the associated crew and support,Continue reading “I’ve got the Lockdown Blues – cause I can’t play to a crowd!”

If your Business Climb is like scaling Everest, It's Time to Go Beyond The Numbers.

  If your Business Feels like you are scaling Everest, It’s Time to Go Beyond The Numbers. You have done more in the last financial year than just survive, but it has been hard! This is the time that we turn our attention to our year-end obligations – namely, preparing financial statements and preparing tax returns,Continue reading “If your Business Climb is like scaling Everest, It's Time to Go Beyond The Numbers.”

Victorian Business Costs Assistance – Lockdown 4.0 support payments

 Victorian Business Costs Assistance  Lockdown 4.0 support payments Through Business Victoria, the Victorian State Government has released the guidelines for its latest round of support for businesses and sole traders that the current Victorian lockdown has impacted. There are two specific schemes – the Business Costs Assistance Program (round two) and the Licensed Hospitality Venue Fund.Continue reading “Victorian Business Costs Assistance – Lockdown 4.0 support payments”

Is Property Still a Good Investment?

Is Property Still a Good Investment? As we approach Tax time again – it’s only four weeks away now! – the questions around tax deductions for this year and beyond start coming in thick and fast.And one of the most common questions is – can I get a tax deduction from buying a property? OfContinue reading “Is Property Still a Good Investment?”

The 2021 Federal Budget. Once in a lifetime.

  The Australian Federal Budget 2021 Once in a lifetime…  Last night – Tuesday, May 11, 2021, the Treasurer handed down the budget for the 21/22 year. While the government won’t describe it this way, it is clearly an election budget – given the next election is due by Mid May 2022, so unless they goContinue reading “The 2021 Federal Budget. Once in a lifetime.”

Din Din Din! Your days as a director are about to be ‘numbered.’

  Din Din Din! Your days as a director are  about to be ‘numbered.’ The Federal Government is working on implementing a Director ID number system, which will allow for the tracing of directors across companies. This system is to be implemented from November 30, 2022, and Directors will be required to apply for aContinue reading “Din Din Din! Your days as a director are about to be ‘numbered.’”

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