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ALERT! ALERT! ALERT!

Attention all MYOB users! It has become apparent that there has been a widespread glitch with bank feeds and MYOB. Some transactions are coming into bank feeds twice! This error is occurring during the period 1/12/21 to 6/12/21. MYOB is aware of the issue and has deployed a resolution to prevent this from happening again, …

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Grasp the Moment

Robin Williams was well thought of in many roles, but surely, none more enduring than that of John Keating the English Teacher, in the 1989 film ‘Dead Poet’s Society.’ One of the messages he was passing on to his students was ‘Carpe Diem’. ‘Seize the Day’. In today’s world, it is perhaps more appropriate to …

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New Director Identification Numbers to Come Into Effect

The Federal Government has begun implementing the Modernising Business Registers (MBR) program, as part of the 2020 Budget. The MBR program includes the introduction of the Australian Business Registry Services (ABRS) and the Director Identification Numbers (Director ID). A Director ID gives Directors a unique identification, which aims to prevent the use of false or …

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APPLY NOW! NEW SOUTH AUSTRALIAN COVID BUSINESS GRANTS NOW OPEN

“While we have more South Australians employed than ever before in the history of the state, there is no doubt many businesses have been doing it tough during the global pandemic. These new grants will further support our hardworking small businesses who are the backbone of the state’s economy.” Steven Marshall COVID-19 Tourism and Hospitality …

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Claiming Your Car Expenses

You can claim a deduction for motor vehicle expenses that are part of the everyday running of your business. But, you can only claim the business portion if your vehicle is for both business and private use. Depending on whether you’re a sole trader, partnership, company or trust and the type of motor vehicle you …

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The Government’s SME Recovery Loan Scheme May Not be Available to All.

Some small businesses claim the recently extended SME Recovery Loan Scheme is of no use to them, as lending criteria pushes it out of reach despite the 80% government guarantee. We understand that not one travel agent has been able to secure such funds and for businesses in the hospitality industry remain extremely unlikely to …

The Government’s SME Recovery Loan Scheme May Not be Available to All. Read More »

More Support for Small and Medium Sized Businesses to Access Funding

The Morrison Government is providing additional support to small and medium sized businesses (SMEs) who continue to deal with the economic impacts of the COVID‑19 crisis by expanding eligibility for the SME Recovery Loan Scheme. In recognition of the continued economic impacts of COVID‑19, the Government will remove requirements for SMEs to have received JobKeeper …

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