A regular question for most business owners is “how long do I have to keep staff records?” The answer is – it depends… however, the records should be in plain English, easy to read and not altered in any way.
With the festive season looming it’s important to know the Fringe Benefit Rules for celebrations. Fringe Benefits Tax (FBT) applies where an employer provides a benefit to an employee other than their regular salary or wage. If an expense incurs FBT it then becomes tax deductible and GST can be claimed. One of the easiest […]
More now than ever it is important to make sure your bank is not charging you unnecessary fees. The banking landscape is very competitive, and it should be very easy to find fee free or minimal fee bank accounts for either personal banking of business banking.
As a business owner, you probably work so much on your product or service, that putting yourself out there may get pushed to the back burner. Personal branding is a key to becoming known as an expert in your niche market. Part of why we start business is that we’re passionate about something. It drives […]
The modern business environment is now changing at an unprecedented rate and knowledge and innovation are now crucial ingredients to a business success. Some of the most recent successful business ideas have come from simply being willing to embrace change and disrupt the status quo. Take technology disrupters Uber and Sendle. The innovators behind these […]