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Primary producers can smooth cash flow and tax liabilities with an FMD 
Australia's farmers and rural communities know that climate events such as drought, floods, and bushfires must be endured and planned for in our dry continent.
Moreover, primary producers know drought isn't like a flood or fire. It creeps up slowly, but when it starts to hit, it hits hard, and this is one of the reasons a Farm Management Deposit (FMD) can come in handy. Read more…
How business owners can leverage their assets during uncertain times
12/09/2021 by Shali Manolev | Partner
In a matter of weeks, in April last year, the world changed. Now, the only certainty for small business owners is that we will all have to live with uncertainty.
Snap lockdowns and social distancing measures have significantly disrupted most small and medium-sized enterprises (SMEs) over 18 months. What lies ahead is still uncertain, yet the best businesses usually emerge from challenging times, whether the Global Financial Crisis or COVID-19, charged with heightened enthusiasm, new ideas, products, and services. Read more…
Asset protection for business owners can be tricky
This is where a trust can be a great vehicle within the group structure of business owners. It provides tax flexibility and estate benefits whilst giving you asset separation in two directions. But what does asset separation in two directions mean? And why might we recommend it? Read more…
Do you fully understand the cost of an employee?
In our discussions with clients we have found that a number do not fully understand the cost of employees.
Questions which are common are:
- How much per hour does an employee cost an employer?
- How much should be charged for labour by a service organisation?
The answers are, of course, different for each employer. We have set out the basic calculations to assist clients in considering their own situation. The calculations are set out by way of examples. Read more…
A Valuable Practice Resource
It has been said that our practice nurses are the heart and the sole of a medical practice. They provide patients of the practice a familiar face, empathy and trusted support.
Over the years their role has broadened due to acknowledgement of their increased scope of practice and the introduction of Government incentive programs; Practice Nurse Incentive Payment (PNIP) now Workforce Incentive Program (WIP). Read more…
