Extended Instant Asset Write-Off for Small Businesses

Extended Instant Asset Write-Off for Small Businesses

What Is the Instant Asset Write-Off?  The Instant Asset Write-Off is a tax incentive that lets you instantly deduct the full cost of assets you buy for your business, rather than depreciating them over time. This means you can reduce your taxable income for the year,...
SPVs for Property Developers

SPVs for Property Developers

What is a Special Purpose Vehicle (SPV)?  A Special Purpose Vehicle (SPV) is a legal entity created for a specific, narrow objective—often to hold a particular asset, manage a project, or isolate financial risk. SPVs are commonly used in property development, joint...
What to Do When an Employee Leaves

What to Do When an Employee Leaves

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...
Guide to the NSW Business Equipment Upgrade Program

Guide to the NSW Business Equipment Upgrade Program

What Is the NSW Business Equipment Upgrade Program?  The NSW Business Equipment Upgrade Program provides financial assistance to help you replace outdated, energy-draining business equipment with efficient, cost-saving alternatives. This is a great opportunity to...