• jobmaker
    JobMaker Hiring Credits: What We Know So Far
    We’ve had quite a few questions about the JobMaker hiring credit announced in the 2020-21 Federal Budget. The legislation enabling the JobMaker scheme has not passed Parliament as yet and until this occurs, the JobMaker rules are not certain and may change. More details should be available soon and we’ll […]
  • tax loss
    Refunds for Tax Losses
    If your company has made a loss, you may be able to claim a tax refund for tax previously paid on profits.  In the 2020-21 Federal Budget, the Government announced that businesses with turnover under $5bn* will be able to offset any losses made between 2019-20 and 2021-22 against previously […]
  • investment
    Tax Deductions for Investing in Your Business
    Stimulating investment is high on the Government’s agenda. To encourage spending, the 2020-21 Budget introduced a measure that allows businesses with turnover under $5bn* to immediately deduct the cost of new depreciable assets and the cost of improvements to existing assets in the first year of use. This means that […]
  • system-outage
    ATO Extends JobKeeper Monthly Declaration After System Downtime
    Despite the business monthly declaration for October JobKeeper payments due on 14 November, the ATO had scheduled its system maintenance for online services for agents over the weekend, effectively affecting access over both days. As such, the ATO has now confirmed it will continue to accept and process late declarations. […]
  • best-worst-smsfs
    3 Best and Worst Super Funds Revealed
    Source: NestEgg Stockspots 2020 Fat Cat Funds report has stated that poor performance is largely due to higher fees, with CEO Chris Brycki highlighting to consumers they would be $200,000 better off if they are in a fund charging less than 1 per cent instead of paying 2 per cent. “One […]
  • Australian Tax Office
    ATO Flags Key Early Access to Super Dates
    In an online update, the ATO said that ATO offices will generally be closed from midday of 24 December 2020 to the start of business on 4 January 2021. The last fund files prior to Christmas will be sent on 24 December 2020 – this will include all approvals up […]
18 October 2020
business-valuation

Has COVID-19 Devalued Your Business?

If you are selling your business, merging, acquiring, or inviting in new investors, you need to understand the value of your business. But, to what degree does the pandemic impact on value? Should you discount or hold firm to pre COVID-19 performance on the basis that ‘we’re going to come […]
28 April 2016

Steps to Effective Business Valuation in Melbourne

The business environment is so dynamic in Melbourne that it is not surprising to find businesses change or change hands. This makes business valuation a typical process in this fabulous city. Valuing a business is an indispensable step in buying or selling a company and while it is optional when […]
14 April 2016

5 Tips for Getting the Best Deal When Selling a Business in Melbourne

Melbourne is an awesome city for business. If you are planning to move out of Melbourne or just move on to a different endeavour, selling your business should be fast and easy. After all, there are a lot of people who want to start a business here and buying an […]
2 April 2016

Selling a Business in Melbourne

Melbourne is a great city for doing business in Australia. The market is huge, the economy strong, and infrastructures are comparable to the world’s best. However, there are things you can’t shake off that probably made you decide to finally sell your business. Whatever those reasons are, selling a business […]
15 March 2016

The Basics of Business Valuation in Melbourne

Valuing a business is not only important when buying or selling a business; it’s also a good step to take when trying to get a business loan or pursuing investors. It’s a complicated process especially when there are several business assets that are simply difficult to put a price to […]
11 February 2016

Maximize Your ROI When Selling Your Business

Selling the business is the endgame for many company founders. Smart business owners plan their succession, even if they are not ready to sell in the immediate future. It’s about having a certain mindset. Having an exit strategy (in place or at least sketched out) gives owners a leg up […]
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