Business Advice

Australian Federal Budget 2020-21 Wrap Up

The 2020-21 Federal Budget has been described as the most anticipated in our history defining its post-COVID road to recovery despite the country experiencing its worst economic conditions since World War 2.  In this article we sift through the federal budget’s contents and what they mean for our nation’s SMEs. Personal income tax cuts The […]

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Arabon Accountants apply for new director ID number

Applications for the new Director ID number open November 2021

Earlier this year, we wrote an article about what you need to know about the new Director ID Number.  A director identification number (director ID) is a unique identifier you need to apply for once and will keep forever. It will help prevent the use of false or fraudulent director identities. Let’s recap the new

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Top Tips to get you through the End of Financial Year

As the end of the financial year (EOFY) approaches, it is important for businesses to prepare themselves accordingly. This is the time when businesses must reconcile their accounts, file their tax returns and make necessary adjustments to their financial strategies. Proper preparation can help businesses maximise their returns and avoid costly mistakes. Here are some

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COVID-19: Updated summary of government support available to small business

As the COVID-19 pandemic unfolds each and every day, Australian governments at every level are announcing support for small businesses to keep them afloat during these unprecedented and challenging times. We encourage you to come and speak to your Arabon accountant so they can assist you to translate and navigate what measures your business is

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