As we move into 2024, it’s crucial for small business owners to stay informed and adapt to the evolving economic landscape. Here’s a breakdown of the key factors that could impact your business this year: 1. Inflation and Labor Market Dynamics The Reserve Bank of Australia (RBA) Governor, Michelle Bullock, has indicated that inflation may … Read more
Christmas is a time for giving, but it’s also a time when many micro and small businesses need to be mindful of the tax implications of their festive generosity. This guide will help you navigate the FBT minefield and ensure you’re not giving the ATO an unwanted Christmas bonus. 1. Keeping Team Gifts Spontaneous and … Read more
Hello small business champions! The festive season is knocking on our doors, and it’s time to think about the Christmas party. You want to be the boss who hosts a bash that’s talked about well into the New Year, right? But here’s the catch: you want to do it smartly, without getting lost in a … Read more
