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What's happening in White Rock, QLD 4868

Australian Federal Budget Summary 2022 – 2023 Here’s a quick skim of the
Federal Budget. Released on 29th March 2022, you’ll notice the obvious political spin on the content, given the election is fast approaching. This information is based on Commonwealth of Australia data, further details on the budget can be found on their budget summary page...
Qld Business Basics Grant is here. Great news for Qld small businesses, The Department of Employment, Small Business and Training (DESBT) has launched round 3 of the Qld Business Basics Grant Program. If you don’t already know, here are the key eligibility requirements: - Businesses must not have previously been approved for funding under this grant program - You must have less than 20 employees - Be registered for GST and have and active ABN - Your headquarters must be in Qld - Your expected turnover for the current financial year is $300,000 or less - You do not have any owners or directors that are: undischarged bankrupt insolvent...
IS MY CAIRNS BUSINESS IN THE RIGHT STRUCTURE? WHAT ARE MY OPTIONS? These are some of the questions I get asked a lot as a business advisor and a Cairns tax accountant. In deciding whether it's best to operate as a sole trader...
NEW REQUIREMENTS FOR DIRECTORS IN 2022 With nearly 14,000 businesses operating in the Cairns region, it’s no wonder that Cairns accountants have been inundated with calls about the new requirement for directors in 2022...
COVID-19 and the Tax Benefits of Working From Home Love it or hate it, many of us have been working from home during COVID-19, either voluntarily or as a business requirement. In fact, over 40% of employed Australians worked from home on a regular basis in the first half of August 2021 (data from Australian Bureau of Statistics). Prior to COVID-19, the rate of employed people working from home was increasing by approximately 1 percent every two years. Recent stats indicate that has increased 8.4 percent to 40.6...
KPIs for Cairns Small Businesses - You can do it! Key Performance Indicators or KPI’s can be and should be used by businesses of all sizes. Larger enterprises use them extensively to measure progress in all aspects of their business. Not used to the same degree in small business due to the availability of resources, however it remains just as important for a small business to be able to monitor its performance in achieving both its short-term and long-term goals.
VIRTUAL CFO FOR SMALL BUSINESSES Virtual CFO’s have been around for a few years now but are still a relatively new concept. You may of heard of the term or noticed the acronym ‘vCFO’. A vCFO can apply a tailored approach in delivering CFO services to a small business. Their services and skills are similar to a corporate CFO but given the different dynamics of a large corporate business with that of a small business they can operate on a part time basis at much less cost to the business. A good vCFO should provide real time financial data, peace of mind, insights, clarity and purpose to a small business. Not dissimilar to a corporate CFO...
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