Blog

Categories: All, Accounting adjustments, Advice, GST Credit, GST credit claims, JobKeeper, Legacy, News, Rebate, Super, Tax, Tax Rates, Tax Rebate, Technology,


Companies – 2021 Year End Tax Planning Series

As we move towards the end of the 2021 financial year, it is a good idea to start considering what tax planning strategies to put in place now to minimise your tax liability. In the fifth part of this eight-part series, we will outline a number of suggestions that may…

Fixed Assets – 2021 Year End Tax Planning Series

As we move towards the end of the 2021 financial year, it is a good idea to start considering what tax planning strategies to put in place now to minimise your tax liability. In the fourth part of this eight-part series, we will outline a number of suggestions that may…

Superannuation – 2021 Year End Tax Planning Series

As we move towards the end of the 2021 financial year, it is a good idea to start considering what tax planning strategies to put in place now to minimise your tax liability. In the third part of this eight-part series, we will outline a number of suggestions that may…

Fraser Coast Business Advice Grant Program

The Fraser Coast Regional Council is providing Business Advice Grants to assist Fraser Coast businesses in accessing and engaging local professional business advisors and specialists to improve their financial management, inventory management, human resource management, digital capability, and marketing of their business. How to apply? If you wish to apply,…

Employers – 2021 Year End Tax Planning Series

As we move towards the end of the 2021 financial year, it is a good idea to start considering what tax planning strategies to put in place now to minimise your tax liability. In the second part of this eight-part series, we will outline a number of suggestions that may…

Businesses – 2021 Year End Tax Planning Series

As we move towards the end of the 2021 financial year, it is a good idea to start considering what tax planning strategies to put in place now to minimise your tax liability. In this eight-part series, we will outline a number of suggestions that may assist taxpayers to legitimately…

Is your business ready for hybrid working?

The Covid pandemic has changed the way we work and ushered in a new era of hybrid working – but is your business ready and able to offer this mix of on-site, off-site and remote working? When businesses were forced to close down their physical offices and workspaces, this brought…

A Not-so-small List of Small Business Concessions

Here is a list of small business tax concessions that may be available to you. Get in touch with avance to find out which concessions you can tap into. Income tax Lower company tax rate – 27% for 2019-20 and 26% for 2020-21 Small business income tax offset – 8%…

Applying For a Government Contract

Businesses and their first-tier subcontractors tendering for Commonwealth Government contracts over $4 million (including GST) must supply a statement of tax record (STR) provided by the ATO. If you received one last year, you may need to apply for a new one. The STR must show satisfactory engagement with the…

Are You Changing Your Business Structure?

If you are changing your business structure (for example, from a sole trader to a company), you will need a new ABN. Other situations where you need to cancel your ABN and apply for a new ABN include are changing from: individual/sole trader to partnership or trust; individual/sole trader to…


Some of the Avance Chartered Accountants personnel involved in preparing this webpage may be members of a professional scheme approved under Professional Standards Legislation such that their occupational liability is limited under that Legislation. To the extent that applies, the following disclaimer applies to them. If you have any questions about the applicability of Professional Standards Legislation to Avance's personnel involved in preparing this webpage, please contact our office info@avance.com.au. Liability limited by a scheme approved under Professional Standards.