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Australia
Federal Budget 2022-23 | 5 key take-outs for SMEs

By William Buck on 16/06/21 - Mins to read: 4 minutes

1. Utilise incentives to upskill your workforce Can you use the skills and training boost for financial support to upskill your workforce? SME businesses will get an additional 20% deduction for the cost of external training courses provided to employees. There is no cap, but...
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Exit smart by using a solvent winding up

By Sean Wengel on 16/06/21 - Mins to read: 4 minutes

When a company’s life cycle has run its course and the corporate entity is no longer required, directors and shareholders must decide how to put the entity to rest. This decision can have a significant impact on the costs incurred to close a company and the tax paid by shareholders...
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Rouble’s rampage crosses an accounting Rubicon

By Nicholas Benbow on 16/06/21 - Mins to read: 4 minutes

Recent gyrations in the rouble highlight a problem in financial reporting – what ‘is’ a foreign currency rate? The Russian rouble has had a rollercoaster ride recently. Up to 28 February, one USD was worth 83 roubles. Then trouble broke out in Ukraine, and it spiralled out to 139 on...
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How to develop KPIs to measure and increase the sustainability of your practice: Part two

By Tom Laundy on 16/06/21 - Mins to read: 4 minutes

This article was first published by The Medical Republic, 15 February 2022 Developing and implementing key performance indicators, or measures that matter, is integral to tracking and enhancing the performance of your practice, increasing value, and recognising areas for improvement. In our first article in this three-part series, we expanded on...
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