Recent media reports have revealed a significant rise in cybercrimes in Australia with an online attack occurring every six minutes. Businesses are particularly at risk with basic technologies such as email providing a gateway for scammers to trick employees into handing over money or giving away company information. In this article, we remind business owners…
If you aren’t aware of changes in your industry, you’re not looking hard enough. And if your preference is to stick your head in the sand rather than stand tall and look for opportunities, there’s every chance your business is heading in the same direction as Kodak, Blackberry and Blockbuster. Once household names, now gone…
Businesses that make mistakes and do the wrong thing by their customers and employees run the risk of fines and legal action which can cost them plenty of dollars, but more importantly, tarnish their good reputation. In this article, we review recent legislative changes and general obligations business owners should have in place or need…
At this time of year, when many business owners are finalising the prior year’s tax return, we like to remind them of the need for accurate record keeping as the ATO continues to ramp up its tax compliance activities.
A report released earlier this year identified matters that are keeping business owners awake at night [1]. As is often the case with surveys and reports of this nature, they tend to confirm what everyone already knows. It’s therefore unsurprising to see staffing issues, remaining on top of technology and cyber security topping the worry…
The ATO has made changes to the way working from home deductions can be claimed by eligible taxpayers for the 2023 income year.
Following on from our last article that considered post-Covid Business Continuity Planning, here we turn our attention to business leadership and why it’s imperative for business owners to get back to working ON their business.
We first talked about business continuity planning in earnest back in 2020, when we were all facing the worry and uncertainty of the global pandemic. Three years on and much has changed, except perhaps feelings of business uncertainty.