2013/14 Budget Review
Small businesses have come through the Labor Government’s latest budget unscathed, escaping the cuts that fell on big business.
...read moreSmall businesses have come through the Labor Government’s latest budget unscathed, escaping the cuts that fell on big business.
...read moreThese days it’s not uncommon to see headlines about the rising cost of living blazoned across our nation’s newspapers.
...read moreLatest Bibby Barometer survey found that small businesses are pessimistic about the outcomes of next month’s Federal Budget, with many hoping, but not expecting, reduced taxation and a cut in red tape.
...read moreIf you have staff from overseas claiming a Living Away From Home Allowance (LAFHA) you need to get up to speed with some changes coming on 1 October.
...read moreAs of 1 October, the provision of a Living Away From Home Allowance (LAFHA) will be treated as income to employees and businesses will need to assess entitlements and employment terms and conditions under the new rules. Here’s what you need to know about managing the allowance.
...read moreThe career choices of international professionals working in Australia may be affected by the Government’s decision to abolish the Living Away From Home Allowance (LAFHA).
...read moreJulian Smith of MYOB blogs about what the Federal budget means for SMEs.
“It’s disappointing and frustrating to see the Federal Government continuing to claim that lowering the company tax rate is a win for small business. We are simply just not buying that old chestnut.”
Plans to build Australia’s workforce, unveiled in last night’s Budget are a step in the right direction for private businesses.
...read moreThe Government has listened to long-held concerns of tax professionals and reformed excess superannuation contribution tax traps that have tripped-up as many as 30,000 taxpayers each year, The Tax Institute said today.
...read moreAn examination of the Attorney-General’s portfolio has revealed a new tax levied against many small businesses, requiring them to pay a flat $500 annually to the anti-money laundering regulator.
...read moreAustralia’s acute skills shortage received a significant boost, with $661 million in funds allocated in the Federal Budget to address training, apprenticeship and adult literacy issues.
...read moreThe National Broadband Network (NBN) received a funding boost in last night’s Federal Budget, with the Rudd Government allocating additional funding to implement the NBN through to 2014.
...read moreSmall business owners have received the predictable federal budget they needed to continue to climb out of the wake of the global financial crisis.
...read moreThe $500 standard tax deduction announced in the Federal Budget tonight is a fraction of the average currently claimed by taxpayers.
...read moreSmall business is crying out for much needed tax reform that was missing from last night’s Federal Budget, with small business overwhelmed with regulatory burden.
...read moreAmongst the Budget announcements last night was the unveiling of the most significant changes to GST since its introduction by former PM John Howard in 2000.
...read moreWith the ink dry on the government’s response to the Henry tax review, the Institute of Chartered Accountants in Australia is turning its temporary attention to next week’s Federal Budget.
...read more