Article updated April 2022. For many of us, COVID-19 saw us switching to at-home working arrangements almost overnight and many of us continue to do so. If you or your staff are entitled to claim work from home expenses, it is important to understand how to calculate eligible expenses to claim a deduction at tax […]
How to calculate your work from home expenses Read More »
It’s been an extraordinarily challenging journey for businesses of all sizes and industries during COVID19. When it’s time to get your business back on track, it is likely you can expect there to be a period of recovery. During this time, you may operate at reduced capacity, offering only a portion of your normal goods
Get your business back on track after COVID19 Read More »
The pandemic has paved the way for a number of sluggish digital trends, many of which have changed the way small business does business forever. So which trends will have staying power and are suddenly on every small-business owner’s to-do list? We discuss five digital trends for small business that have appeared or been accelerated
Five digital trends for small business fast-tracked by COVID-19 Read More »
Author: Hayley Tibbie, Lawyer, JHK Legal What is a personal guarantee? A personal guarantee is a written promise to guarantee the liability of one party for the debts of another party. Commonly, personal guarantees are given by directors and shareholders of companies to personally guarantee the payment of money or obligations on behalf of their
Everything a Small Business Needs to know about Personal Guarantees Read More »
While the ATO put most overdue tax collection on hold during the COVID-19 pandemic, it has recently recommenced some debt collection activity. This includes the issuing of Director Penalty Notices (DPN). This article explores Director Penalty Notices and what happens if you receive one. Directors become personally liable for a penalty equal to the value
Director Penalty Notices: what are they and what happens if you receive one? Read More »
Two important changes to superannuation will apply from 1 July 2022. As a business owner, it is important that you understand what these are, what they mean for your business and what actions you need to take. Super Guarantee rate will increase from 10% to 10.5% As a business owner, you usually need to pay
Two important changes to superannuation from 1 July 2022 Read More »
Author: Sarah Jones, Legal Practitioner Director, JHK Legal When you enter into a sale and purchase of business agreement, the seller will usually be asked to agree to a restraint of trade for certain acts done in a certain area and a certain period of time. Usually, this will apply to both the entity selling
Sale and Purchase of Business Restraints: How do they affect you? Read More »
If you’ve lost your job, been stood down or suddenly find your business without customers due to the coronavirus pandemic, you might be tackling Centrelink for the first time, or the first time in a long time. The advice from Centrelink is to do as many of these steps online as possible to avoid calling
How to apply for Centrelink’s JobSeeker Payment Read More »
The national minimum wage will increase to $812.60 per week, or $21.38 per hour, after a decision by the Fair Work Commission exceeds the government’s suggested 5.1% increase. The Commission decided to increase modern award minimum wages by 4.6% subject to a minimum increase for adult award classifications of $40 per week (full-time). The increase
Fair Work Commission announces 5.2% national minimum wage increase Read More »
(c) 2022 Arabon Accountants Pty Ltd ABN 91 600 325 540. Liability Limited by a scheme approved under Professional Standards Legislation. Registered Tax Agent Number 25620662. View our privacy policy.
