As we approach the end of the 2024 financial year, tax planning has never been more important. Now is a good time to think about opportunities and risks that should be addressed before 30 June 2024.
Described as a “responsible Budget that helps people under pressure today”, the Treasurer Jim Chalmers has forecast a second consecutive surplus of $9.3 billion.
Read more about the budget here.
Please join us in congratulating Ridewest on their nomination for the Royal Flying Doctor Service (RFDS) Local Hero award. The nomination is now open for voting, and we would very much appreciate your vote of support. Read more about the ride here.
Expressions of interest for the Business Growth Fund open soon. This program offers grants of $50,000 to $75,000 to support the purchase of specialised equipment as a co-contribution with eligible businesses. Read more here.
As we progress into 2024, it’s imperative for both businesses and employees to grasp the fundamentals of Fringe Benefit Tax (FBT) and its evolving landscape. Read more here.
The deadline to submit an R&D Tax Incentive application is due on the 30 April 2024. As this date is fast approaching, if you are claiming R&D for the 2023 financial year, we recommend you act now to ensure your application is submitted to AusIndustry by this due date. Read more about the opportunity here.
ESG stands for Environmental, Social, and Governance criteria, which are used to evaluate a company’s performance and impact beyond financial measures.
Incorporating ESG factors is becoming increasingly vital for businesses of all sizes for several key reasons, read on to find out why.
The Australian Taxation Office (ATO) is attempting to collect more than $34 billion worth of debts owed by small businesses, and sometimes they are using aggressive enforcement action to collect the money, which is causing significant stress to Australian businesses. Read more here.
The Workforce Connect Fund is an initiative designed to increase investment in industry and community-led projects that address attraction, retention and participation issues within the workforce.
Round 2 of the Workforce Connect Fund is now open for applicants. Read more about the criteria and how to apply here.
After the resounding success of last year’s program, we ran our second summer internship this January. Our internship program is designed to give our university students a ‘day in the life’ at HCQ.. Read more here.
