Australia
Understanding the top 10 challenges for SMEs today

By Scott Harrington on 20/11/20 - Mins to read: < 1 minute

Small and medium-sized enterprises, or SMEs, play a significant role in the global economic landscape. These organisations serve as pivotal contributors that create jobs, foster innovation and drive economic growth. However, if you’re the owner of a small or medium-sized business, you’ll also be well aware of the many challenges...
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Bridging bonds: conflict resolution and mediation in family businesses

By Chris Leahy on 20/11/20 - Mins to read: < 1 minute

Family businesses are often lauded for their resilience, values and continuity across generations. Yet, within these close-knit enterprises, conflicts can simmer beneath the surface, threatening to disrupt both family harmony and business prosperity. The ability to navigate and resolve these conflicts is where effective governance, conflict resolution and mediation are...
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What is a Motor Vehicle Logbook and why is it important?

By William Buck on 20/11/20 - Mins to read: < 1 minute

Do you use your car for job-related duties or to run your business? If you do, you should be keeping a comprehensive record of your car-related overheads to ensure you optimise your tax claim. Keeping an up-to-date, valid car logbook can help save you time and money during a tax...
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Work from home deductions 2023: important changes

By Eric Flammang on 20/11/20 - Mins to read: < 1 minute

UPDATED (as of 22 November 2023) On 15 February 2023, the ATO finalised its new more stringent regime for Work From Home (WFH) tax deductions. The change, which was scheduled for 1 January in draft PCG 2022/D4 will now be in force from 1 March 2023. The ATO has also...
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Building strong foundations: the pillars of governance in family businesses

By Chris Leahy on 20/11/20 - Mins to read: < 1 minute

Family businesses are often built on a foundation of shared values, trust, and a vision for the future. While these qualities contribute to their success, they also introduce unique complexities. Navigating the intersection of family dynamics and business objectives can be challenging. This is where governance in family businesses is...
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