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COVID-19 Business and Government Concessions Update

COVID-19 Business and Government Concessions Update

Updated 22 March 2020 based on Government Stimpack 2 information. As a business owner, it is vitally important that you evaluate your business continuation strategy and cash flow forecast with your accountant before implementing any of the following strategies. If...

Using the PPSR to protect your business

Using the PPSR to protect your business

If you’re in business, you need to know about the PPSR There is a simple step that many businesses can take to better manage the risk that can attach to certain assets Not so many years ago, a new scheme was introduced, which also established a national register, that...

The PSI Rules – Personal services income explained

The PSI Rules – Personal services income explained

Consultants and professionals often set up separate entities to run the businesses through. They choose either a trust, partnership or private company. The lower tax rate of a company is appealing, as is the potential to distribute income to a spouse in a lower tax...

Get ready for e-invoicing

Get ready for e-invoicing

Along with a more automated exchange and processing of invoices, e-invoicing also promises reduced payment times and better cash flow. The headline above may give the impression that electronic invoices are a futuristic concept, but of course even today there is a...