The federal government has extended funding for two support programs for small business owners. The first program is NewAccess for Small Business Owners. This program is: Aimed at small business owners who are feeling stressed or overwhelmed Run by specially trained mental health coaches with a small business background Available nationally by phone or video call, … Read more
The Australian Taxation Office has responded to feedback from trustees and their advisors by issuing guidance on trust reimbursement agreements. The guidance, which relates to reimbursement agreements where section 100A of the Income Tax Assessment Act 1936 may apply, will not affect “the vast majority of small businesses operating through a trust”, according to the … Read more
The job market has improved from an employer’s perspective, but it’s still challenging to find good staff, based on the latest data from the Australian Bureau of Statistics. In December, the unemployment rate was just 3.5%, the same as the previous month, although the number of unemployed workers edged up slightly, from 492,600 to 494,200. … Read more
