Insights

Small Business Entrepreneur Grants Program

The Small Business Entrepreneur Grants Program is now open for applications. Round 4 is now open and closes at 5pm on 13 December 2018 The Grants help new small businesses to get off to a better start with access to planning, coaching and ... more

Queensland rural economic development grants now available

Recently the Queensland state government introduced Rural Economic Development Grants for primary producers looking to expand or develop their business. The offer is up to $250,000 in co-contributions and to be eligible for the grant, an ... more

2018 Income Tax Rates

Individuals Tax on individuals is charged at marginal rates. You can use the tax tables to determine how much you are taxed. Resident tax rates 2017-18 Taxable income Tax on this income $0 – $18,200 $0 $18,201 – $37,000 19c for each ... more

Small business CGT concessions

As a small business, you may be eligible for the following capital gains tax (CGT) concessions on assets used to conduct your business. We call these ‘active assets’. In addition to the exemptions and rollovers available more widely, ... more

2017 Income Tax Rates

Individuals Tax on individuals is charged at marginal rates. You can use the tax tables to determine how much you are taxed. Resident tax rates 2016-17 Taxable income Tax on this income $0 – $18,200 $0 $18,201 – $37,000 19c for each ... more

2017 Budget (6 things to consider)

Incentive for older Australians to downsize their home: From 1 July 2018, older homeowners, aged 65 years and over, will be able to make an after-tax contribution to their super of up to $300,000 using the proceeds from the sale of their family ... more

Important end of financial year dates for employers

From 1 July Ensure you apply the new tax rates for withholding from the 1st of July – updates are available at www.ato.gov.au/taxtables If you use accounting software such as MYOB, RECKON and XERO, you should contact your software provider ... more

Leases vs. Chattel mortgages

A simple comparison to assist in deciding which option is right for you... more