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Categories: All, Advice, JobKeeper, Legacy, Super, Tax, Technology,


Super Choice Rules Are Changing

From 1 November 2021, employers will need to undertake an extra step while onboarding new employees to comply with the choice of superannuation fund rules. Penalties may apply if the choice requirements are not met. Under current rules, when onboarding new employees, employers can add them to their default superannuation…

Sale of Financed Vehicle (GST Registered Business)

If you sell a business vehicle that is financed, and the sale proceeds are used to payout the finance owing on the vehicle, you still need to remit GST on the total sale price. There is no Input Tax Credits to claim on the finance payout as loans do not…

Don’t get caught out – know the key dates for your company or business name

If you're running a business or company, it's essential to understand your responsibilities with ASIC. One of the most important things is to be aware of key dates, like the date of your business name renewal or company annual review. When you receive your renewal or annual review it is…

Horticultural Irrigation Pricing Rebate Scheme now open

If you irrigate, you may be eligible for a new rebate.  You must be a customer of Sunwater, Seqwater or Pioneer Valley Water Co-op.  Being a Horticultural Irrigation Pricing Rebate, it covers crops such as fruit, vegetables, nuts and turf.  It excludes broadacre crops such as grains, cotton, sugar cane…

Beware of Scams

The end of the financial year is here. Everyone, especially those scrambling at the last minute to get their receipts in order, should keep an eye out for the accompanying onslaught of tax scams. Posing as the Australian Taxation Office in particular has been a key vehicle for scammers to…

2021 COVID-19 Business Support Grants for lockdown-impacted businesses in Queensland

The 2021 COVID-19 Business Support Grants program supports eligible employing Queensland small and medium businesses and employing Queensland not for profit organisations, that are impacted by lock downs taking effect during August 2021 in response to COVID-19 outbreaks. This includes the South-East Queensland lock down that commenced on 31 July…

Small Business COVID Hardship Fund

The Victorian Government’s Small Business COVID Hardship Fund assists small to medium businesses: Whose operations have been severely impacted by COVID restrictions that have been in place between 27 May 2021 and August 2021 (COVID-19 restrictions) Have experienced at least a 70 per cent reduction in turnover as a result…

Queensland Lockdown Government Support Packages

2021 COVID-19 Business Support Packages Coronavirus affected small and medium Queensland businesses will have access to support payments with the Queensland state government announcing its first COVID-19 package for the sector since the introduction of snap lockdowns. Who is eligible? The grant provides support to employing small and medium businesses…

Keyboard Shortcuts

In todays Tech-savvy world, everyone is using a computer for something, writing an email, paying a bill, processing data, watching a video. Could you get by without a computer? They are a vital tool for our business and personal lives. Given the amount of time we spend on computers, the…

Tidy Record Keeping

If you have multiple payments or receipts for the year, why not use a spreadsheet to help keep you organised. avance has available both PAYMENTS and RECEIPTS spreadsheets that can be emailed to you. This will make your job a whole lot easier and save you time at the end…

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