There’s not much in the way of BIG news for small business in the November 2022 Federal Budget but there are some changes to FBT, paid parental leave, superannuation and the ATO’s crackdown on compliance that you need to know about. Here’s a quick rundown.
The Federal Budget delivers a lot to small business in the way of incentives and support. It should give business owners the confidence required right now to keep moving forward in these times of uncertainty.
The NSW State budget often doesn’t attract much attention, but this year there are a number of initiatives for small and medium business.
With JobKeeper due to end on the 28th March, thousands of small businesses could be in jeopardy, including yours. Here’s what you need to know.
Raising the super guarantee is not a new debate, but it’s definitely not the right time for it to re-emerge, or for the Government to raise the employer contribution to ten percent, writes Paul Rattray.
Unfortunately, a general feeling of trepidation lingers as we head into 2021. Make sure you remain focused on your core operations, your clients and your cash flow, writes Jim Vass.
SMEs need to do two things to prepare for what lies ahead: make themselves ‘nimble’ and plan for uncertainty.
Australia is certainly on a more solid footing that most other countries, but it is too early to call ‘recession over’, writes Jim Vass.
The Federal Government is planning to introduce welcome new laws that could help to save many small businesses from insolvency.
It seems that the Federal Government has realised that as the ‘engine room’ of Australia’s economy, SMEs need more support to kick-start the nation out of slowdown and back into high gear. This is good news for the sector.