Are SMEs shunning an excellent instant assest write-off scheme?
You’d think SME owners would be making the most of the tax break available to them by the Federal Government’s Asset Write Off Scheme. But 60% of them aren’t. Why? Read More
News
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Monday, June 18 2018 -
Changed SA shopping laws would signal start of new era
Tuesday, April 17 2018 The onus is on the new Liberal Government to improve SA’s image without delay by deregulating shopping hours – although delay could be a distinct possibility given membership changes in the Legislative Council as a result of the recent election. Read More
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Ignore history's lesson about the ides of March and look a fool come April
Tuesday, April 17 2018 Ever since Caesar ignored warnings about the Ides of March, things have tended to go wrong for a lot of people about the middle of that month. Not of course as seriously wrong as they did for Caesar, but bad enough to be life changing for many business owners bankrupted around that time each year. Read More
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New laws to protect workers
Tuesday, April 17 2018 Amendments to the Fair Work Act now provide added protection for vulnerable workers and include penalties or fines for “serious” breaches of workplace law. Business owners and their advisors should be aware of these changes to the Act. Read More
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SMEs must do a head count on April the first, no fooling
Friday, March 16 2018 SMEs must do a head count of staff on 1st April to determine whether the business will have to use Single Touch Payroll (STP) systems from July. If you’re the owner and/or operator of a business with 20 or more employees and haven’t received notice of this requirement from the Australian Taxation Office (ATO), then you need to read this article. Read More
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New legislation offers incentives to directors in financial difficulty
Friday, March 16 2018 The Treasury Laws Amendment (2017 Enterprise Incentives No 2) Bill 2017 is apply named. It provides directors of companies in financial difficulty with powerful incentives to be proactive in both their personal interests and the best interests of their companies. Macks Advisory has long been urging directors to face the consequences of impending insolvency sooner rather than later, but never has the law offered better incentives than now. Read More