Federal and State Governments, the ATO and business and banking sectors are acting decisively in the national interest to support household and businesses and address the significant economic consequences of COVID-19. Understanding the assistance available, eligibility criteria and how to get early access to support will be crucial for you as an executive, professional or…
There can be benefits for everyone when a business owner takes a long-term strategic approach to business succession. To borrow from international business commentator Simon Sinek, being in business is an ‘infinite game’ where business longevity is key. This means that for any business activity – and this includes business succession – the further you…
Life can be complex for the owners of an SME. Not only do you need to manage significant financial, business and legal matters, you also need to address growing your personal prosperity – otherwise, what’s the point? The fact is, working long and hard will be a bitter pill to swallow if you fail to…
As a small business owner it’s likely you have been investing in your business at the expense of making personal superannuation contributions. But the good news is, the small business CGT concessions may provide opportunity for you to reduce Capital Gains Tax AND catch up on your superannuation contributions. What are the small business CGT concessions?…
