Do you know your break-even point?

Do you know your break-even point?

All business owners need to be aware of their break-even point — that is, the number of units they need to sell, or the amount of income they need in order to cover their operating costs. Once you’ve reached your break-even point, it’s time to celebrate: your business...
New loss carry-back measure

New loss carry-back measure

The last Federal Budget included several tax changes designed to assist the Australian economy in recovering from the impact of the COVID-19 pandemic. The changes announced were the temporary re-introduction of the loss carry-back rules for corporate tax entities (it...
ATO’s cyber safety checklist

ATO’s cyber safety checklist

Scammers never seem to rest, with even the latest JobKeeper scheme coming in for some scam treatment. In a new update, the ATO reports receiving reports of email scams about JobKeeper and backing business investment claims. “The fake emails say we’re...