Federal Budget 2021-22: Superannuation
Superannuation changes announced in the Budget are beneficial in nature and mainly target increasing flexibility and contribution opportunities for individuals over age 60.
Superannuation changes announced in the Budget are beneficial in nature and mainly target increasing flexibility and contribution opportunities for individuals over age 60.
The Government has proposed improvements to the tax and regulatory regime applying to employee share schemes (ESS). These measures are designed to make ESS arrangements more attractive and accessible to businesses when seeking to attract and retain talent.
The Government outlined a number of significant measures in the Budget as part of a Digital Economy Strategy. As a part of that strategy, three tax incentives were announced, all proposing to reduce the overall tax paid by businesses conducting certain digital activities and investing in the development of intangible assets.
For many business owners, their business represents a large part of their individual wealth and is integral to funding a comfortable life in retirement. There are many options available to business owners whom are seeking to bolster their retirement savings when exiting their business.
Financial models can help to guide very large business decisions. Confidence in financial model outputs is therefore critical in ensuring these decisions are based on strong data.
Technology and flexibility have been the key to business survival during the pandemic, it has also changed the way workforces are structured for the future. With a greater reliance and trust in technology, it allows businesses to access the right talent and skills that a growing business needs, regardless of their location.
1 January 2021 was an important day for Australian company directors. Whilst it symbolised the dawning of a much-needed change in calendar year to spell the end to a very long nine months (at least for those who aren’t presently enjoying the fruits of the dizzying highs of the dual property and resources booms).
Like most of the business owners who are my clients, I bring years of education, experience, relationships, leadership and effort to work everyday to try to run a profitable business. These factors are not distinguishable by industry. The owners of the property developer, fashion retailer, software engineer, shoe care manufacturer, office furniture wholesaler, grass seed farmer, PR agency and law firm clients I have represented over the years all have this in common.
The Victorian Government has announced that it will provide grants of up to $50,000 to support Victorian businesses to improve their technology-based processes as they begin to recover from the impacts of the COVID-19 pandemic. The Technology Adoption and Innovation Program (TAIP) is a $5 million initiative designed for Victorian small to medium-size enterprises (SMEs) to implement innovative technologies or develop innovative, new commercial technology.
Johns Lyng Group has maintained its forward momentum and growth for many years. What are the building blocks behind this successful building and restoration business? In this episode from December 2019, we speak to Scott Didier, Managing Director and CEO of Johns Lyng Group. He shares the importance of building a strong team, how to […]