Category «Small Business»

Coronavirus Stimulus Package

Scott Morrison Announces Coronavirus Stimulus Package

LAST UPDATED – March 31 2020 Download PDF The Government’s stimulus package, to offset the economic effect of Coronavirus, will be hitting the economy very quickly. The stimulus concentrates on the next 6 months hopefully a sign that the government expects a turn-around in the pandemic very soon. The speed at which this is introduced …

Tax on Christmas Parties

(Download PDF) FBT and the Office Christmas Party There two important points you need to know. Firstly, that you are better to pay your staff a Christmas bonus and let them throw their own Christmas party. Second point is that there is no way you can dress up a Christmas party to be anything else …

PSI – Contractors Splitting Income

So You think You Are A Contractor and Can Split Income? The Three Stages of Being a Contractor: Qualifying for an ABN – You need to be an enterprise, more than just providing your labour. A ute may help if it is fundamental to your income producing activities but a station wagon or sedan won’t …