by Cindy Su | Mar 20, 2025 | All, Business
If you’re a small business owner in NSW, you might be eligible for the $1,000 SafeWork Small Business Rebate. This government program helps businesses, sole traders, charities, and not-for-profits improve workplace safety by covering the cost of certain safety...
by Cindy Su | Mar 14, 2025 | All, Business
When an employee or independent contractor stops working for your business, your obligations don’t end immediately. You may need to process final payments, report them correctly to the Australian Taxation Office (ATO), and ensure compliance with superannuation and...
by Cindy Su | Mar 10, 2025 | All, Business
Division 7A of the Income Tax Assessment Act 1936 is often misunderstood by business owners. Many believe they can withdraw company money or provide financial benefits to shareholders without tax consequences. However, the Australian Taxation Office (ATO) has clear...
by Cindy Su | Mar 3, 2025 | All, Business
If your organisation is a non-charitable not-for-profit (NFP) with an active ABN, there’s a new requirement you need to know about. Starting from the 2023–24 financial year, these NFPs must lodge an annual NFP self-review return to confirm their eligibility for income...
by Cindy Su | Feb 12, 2025 | All, Business, Tax and Accounting
As we find ourselves more than halfway through 2025, it is vital for business owners to remain vigilant regarding their employer responsibilities to prevent penalties and maintain smooth operations. Several upcoming changes and deadlines could have an impact on your...