As if running a small business wasn’t tricky enough, the last few years have increased the level of difficulty for business owners. Lockdowns and social isolation are significantly reducing foot traffic. Supply chain issues prevent delivering valuable materials, equipment, and deliveries. Employee turnover has increased as a result of the […]
Day: 10 May 2022
The low- and middle-Income tax offset and how that will play into Aussie’s tax refunds this year
Are you eligible for the newly expanded Low and Middle Income Tax Offset (LMITO) this tax time? People earning up to $126,000 will get a rebate of $420 in excess of what they would have got anyway through the existing LMITO. As a reminder, the LMITO has been around for […]
Why accountants are the new ‘essential workers’
Australian small businesses have faced their fair share of challenges over the past two years, starting with the bushfires in early 2020 to COVID-19 outbreaks and lockdowns to, most recently, major flooding across NSW and Queensland. These disruptions, as well as the flow-on effects of labour shortages, soaring energy costs […]
Indonesia: An exciting market for Aussie exporters
Indonesia – the world’s third-largest democracy – is one of Australia’s most important trading partners. The country’s trillion-dollar economy is forecast to become the world’s fourth-largest by 2050 – and comprises more than a third of ASEAN’s gross domestic product, according to data from the Department of Foreign Affairs and […]