$5,000 funding to become available The Queensland government has announced that $5,000 grants will be made available to small and medium businesses across Queensland affected by the current COVID-19 lockdown (commenced Saturday 31 July 2021) and lockdowns in other states. These $5,000 grants are designed to provide cashflow support for businesses to help them adapt […]
READ MORENSW Government COVID-19 support package
Update 28 July 2021 NSW’s COVID-19 lockdown will go for at least another four weeks, prompting the state and federal governments to announce more financial lifelines for businesses and individuals. Here’s what you need to know: As of next week, the COVID-19 Disaster Payment will be boosted from $600 to $700 each week if a person […]
READ MOREBusiness Basics Grant
The Business Basics grants program provides support to businesses to increase core skills and adopt best practice. This support includes funded activities in 5 priorities: Professional business advice Business continuity and succession Training and coaching Website build or upgrades Strategic marketing services Business Basics Grant Program – Key Details Eligible business size:Â Â Â Â Small […]
READ MOREBudget 2021-22: The Balancing Act Budget
The Federal Treasurer, Mr Josh Frydenberg, handed down the 2021–22 Federal Budget on 11 May 2021. This was possibly the most anticipated budget in history as the government outlines its plans for economic recovery post-COVID. THE BIG NUMBER: Good news is Australia has experienced a stronger than expected economic recovery from the COVID-19 recession. This […]
READ MOREWhy are some businesses able to innovate while others can’t?
Identifying and embracing new ideas is a challenge for many businesses, especially those businesses who have not made this a key focus of their culture. This can be a major source of frustration for business leaders who realise that in order for the company to be as successful as it can be, it must be […]
READ MOREBoost your business with instant asset write-offs
One of the measures announced in the 2020-21 Budget was the temporary immediate expensing of depreciating assets. These rules allow businesses with an immediate deduction of 100 per cent of the cost of eligible depreciating assets. When is the eligibility period? The rules apply from budget night 6 October 2020 and will run through until 30 June […]
READ MORETransfer Balance Cap Increase
From 1 July 2021 the Transfer Balance Cap* (TBC) will increase by $100,000 from $1.6M to $1.7M. However, only members who have not yet commenced a pension will be eligible for the full increase with a new cap of $1.7M. If you have an already established pension, you will receive a proportional increase based on the unused […]
READ MOREWorking ON your business… not IN your business
Many business owners become frustrated when their advisers don’t understand them or their business as well as they would expect. Whilst many business owner’s goals are similar, from an adviser’s perspective, there is such a wide variety of both long-term and short-term objectives that business owners have. Overlay these with the differences each business owner […]
READ MOREAustralian Financial Review Top 100 Accounting Firm
We are proud to announce that Walsh Accountants have been named on the Australian Financial Review Top 100 Accounting Firms for 2020 for the third year, having made our debut in 2018. In a year which has brought considerable uncertainty for individuals and businesses, we remain keenly focused on the needs of our clients. Partnering with our […]
READ MOREGold Coast Women in Business Awards
The Gold Coast Women in Business Awards were held on Friday 27 November at the Gold Coast Convention and Exhibition Centre. These Awards are a very powerful platform that celebrate the achievements of women and female leaders across the Gold Coast region. Being an award category sponsor for the past five years, we at Walsh Accountants […]
READ MORE