As per the 2020-21 Federal Budget announcement, the Government has dedicated an additional $2 billion to the R&D Tax Incentive program to help stimulate investment in R&D activity by Australian Businesses.
Read on to see the main changes to the Research and Development Tax Incentive which came into effect from 1 July 2021.
The Australian Government wage subsidy program has increased from 1 July 2021 through to 31 June 2022. Employers may be able to receive up to $10,000 (GST Inclusive) when they hire employees that satisfy the criteria. Read more to view this criteria and see if your business may be eligible to access the wage subsidy for new employees.
In this episode of our video series, Tanya Dobeli talks to managing the complexity and taxation implications that may arise from Succession Planning.
Watch more about the road map that is Succession Planning and how this can allow an existing owner to transition while maintaining the performance of the business and achieve the best tax outcome.
Click through to watch our video and learn more.
The process of selling a business can be quite complex and there are several key areas to consider. Read our article on the six key steps to consider in order to maximise the return of your sale.
Read more here.
As we near the end of our financial year, we enter a new chapter of growth in both our firm, and our people. We are therefore delighted to share numerous announcements for our Hall Chadwick QLD people, taking place from July 1.
With the end of financial year fast approaching, now is a good time to think about opportunities and risks that should be addressed before 30 June 2021.
Read more about Year End Planning and access our guide.
Recently the Queensland Farmer’s Federation (QFF) partnered with Airbnb to launch a farm stay platform to capitalise on the booming agritourism sector.
We spoke with client John Hays, owner of Hells Gate Roadhouse, a cattle farm with roadhouse and accommodation village located 50km from the Queensland/NT border. Read more here.
The 2021 federal budget stipulated that the compulsory superannuation guarantee — the proportion of wages that employers must contribute to their employees’ retirement savings, is legislated to increase half a per cent a year starting on 1 July, 2021 before reaching a final value of 12.00% by 1 July, 2025. Read more about the impact here.
On 11 May 2021, the Treasurer, Mr Josh Frydenberg, presented the 2021-22 Federal Budget.
The Budget was directed at promoting recovery and innovation.
Read more about the Federal Budget 2021-22 and how it affects individuals and business.
In our video series Hall Chadwick QLD Partner Sanil Raje talks to the considerations for setting up or changing a business structure.
Sanil refers to the several key factors that your business structure should be determined by, and how often this should be reviewed.
Click through to watch our video and learn more.
