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Getting your bills paid on time

Running your own business can be extremely rewarding but there will always be times when it will be quite the opposite. Depending on the business, many factors will determine the success or failure of a small enterprise however the most common…
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Businesses can claim previous year tax losses

If your business has made tax losses in years to the current one, but you haven't yet offset all those losses, you can still carry these forward and claim a deduction for them in a later year — as long as you meet all the requirements of the…
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Cashflow options for your business

FinCare's Senior Business Finance Manager discusses with you options to preserve and protect cashflow for your business. Why your business needs to consider options NOW? What would happen to your business if a key customer didn’t pay? Can…

$45m border business boost

Small businesses along the NSW border will benefit from a new $45 million grant program designed to cushion the economic impacts of the southern border closure. Businesses in 13 Local Government Areas along the NSW and Victorian border,…
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If you’re in business, you need to know about the PPSR

There is a simple step that many businesses can take to better manage the risk that can attach to certain assets Not so many years ago, a new scheme was introduced, which also established a national register, that could affect anyone who…
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Five ways to recession-proof your business

Economies tend to face headwinds every ten years as the business cycle moves from periods of growth to contraction. While recessions are challenging for small and medium businesses across Australia, it doesn't mean there aren't significant opportunities…
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5 small business strategies for kick-starting the financial year

How often do you give your business finances a tidy-up? As another end-of-financial-year rolls by, now is as good a time as any to undertake a bit of housekeeping. The stresses of running a small business often see us rushing, unprepared,…
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Varying PAYG instalments because of COVID-19

PAYG instalments is a system that helps you manage your expected tax liability on income from your business or investments for the current income year by making smaller regular payments. To assist taxpayers experiencing financial difficulty…
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Instant asset write off extended to 31 December

Note that the boost to the instant asset write off rules that the government put in place to help stimulate the Australian economy in the face of the COVID-19 crisis has been extended to the end of this year. Businesses with a turnover of up…