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The future is digital for contract management systems – and AI will be taking charge
2 February 2024 | Minutes to read: 3

The future is digital for contract management systems – and AI will be taking charge

How can the Board trust the CEO and management? Rarely is such a sentiment written down in...
Unlocking value in SMEs: A guide to business valuation in Australia
30 January 2024 | Minutes to read: 3

Unlocking value in SMEs: A guide to business valuation in Australia

Small and Medium Enterprises (SMEs) are valued differently at different stages of the business life cycle. Whether...
Australia’s Digital Games Tax Offset
24 January 2024 | Minutes to read: 5

Australia’s Digital Games Tax Offset

Article updated as of 24 Jan 2024 As part of the Australian Government’s Digital Economy Strategy announced...
ATO updates draft ruling on software royalties: What you need to know
19 January 2024 | Minutes to read: 5

ATO updates draft ruling on software royalties: What you need to know

On 17 January 2024, the Australian Tax Office (ATO) released the updated draft tax ruling, TR 2024/D1...
Modernisation of Victoria’s property taxation: commercial & industrial property tax reform
15 December 2023 | Minutes to read: 3

Modernisation of Victoria’s property taxation: commercial & industrial property tax reform

Victorian Treasurer Tim Pallas unveiled additional details regarding the Victorian Government's initiative (announced in the May 2023...
Navigating succession planning: key considerations for taking on a partner in your medical practice
12 December 2023 | Minutes to read: 3

Navigating succession planning: key considerations for taking on a partner in your medical practice

It’s a common scenario, you've been running a successful practice for many years and are starting to...
During this festive season: consider your FBT obligations
5 December 2023 | Minutes to read: 3

During this festive season: consider your FBT obligations

The festive season is here, and with it come the Fringe Benefits Tax (FBT) implications related to...
Changes to the Export Market Development Grant
30 November 2023 | Minutes to read: 4

Changes to the Export Market Development Grant

What is this grant about? The Export Market Development Grant (EMDG) is a key Australian Government financial...
Elevating dental practices: the essential role of Virtual CFOs
21 November 2023 | Minutes to read: 4

Elevating dental practices: the essential role of Virtual CFOs

Running a successful dental practice requires careful planning, excellent patient care and effective management. While the quality...
Personal Services Income: the fact from the fiction
18 November 2023 | Minutes to read: 4

Personal Services Income: the fact from the fiction

As business advisors who work closely with medical professionals, we wish to highlight some common misconceptions about...
Understanding early tech company revenues
16 November 2023 | Minutes to read: 2

Understanding early tech company revenues

Tech company revenues – so important for valuations as these companies aim to build and grow. The...
How wealthy does my family need to be to establish a Family Office?
16 November 2023 | Minutes to read: 3

How wealthy does my family need to be to establish a Family Office?

A common question that wealth managers are asked is, “How wealthy does my family need to be...
What is phoenixing?
16 November 2023 | Minutes to read: 5

What is phoenixing?

Illegal phoenixing is a deceptive manoeuvre used by some businesses to sidestep their obligations, leaving creditors, employees,...
Navigating the AGM – running the meeting
9 November 2023 | Minutes to read: 3

Navigating the AGM – running the meeting

This article is part of a three-part series on Navigating your Annual General Meetings and provides tips...
Significant changes to landholder duty thresholds set to impact property investments
7 November 2023 | Minutes to read: 5

Significant changes to landholder duty thresholds set to impact property investments

The NSW Government has announced a raft of changes to the landholder duty regime set to take...
Planning a successful AGM
2 November 2023 | Minutes to read: 3

Planning a successful AGM

This article is part of a three-part series on Navigating your Annual General Meetings and provides tips...
Tips to navigate family remuneration in family-owned businesses
31 October 2023 | Minutes to read: 2

Tips to navigate family remuneration in family-owned businesses

Family-owned businesses form the backbone of many economies, and a unique aspect of these businesses is the...
Family succession planning for your business
26 October 2023 | Minutes to read: 3

Family succession planning for your business

Owning and managing a family business can be immensely rewarding, especially for the older generation, who get...
Exiting your business? From IPO to family succession, your many exit options
26 October 2023 | Minutes to read: 7

Exiting your business? From IPO to family succession, your many exit options

Owning a small to medium business (SME) can be a lucrative investment. However, when the time comes...
Division 296 Tax: the proposed $3m super tax
24 October 2023 | Minutes to read: 4

Division 296 Tax: the proposed $3m super tax

The Federal Government intends to reduce the concessions available to individuals with superannuation balances that exceed $3...
Passing the torch: navigating the generational shift in family businesses
19 October 2023 | Minutes to read: 3

Passing the torch: navigating the generational shift in family businesses

Family businesses, with their rich legacies and shared values, hold a unique place in the business world....
Share buy-backs as an alternative to share sales for exiting parties
19 October 2023 | Minutes to read: 6

Share buy-backs as an alternative to share sales for exiting parties

When looking to exit from a shareholding in a private company, a direct sale of shares by...
Important payroll update: simplified reporting and STP Phase 2 transition
12 October 2023 | Minutes to read: 2

Important payroll update: simplified reporting and STP Phase 2 transition

STP Phase 2 changes that need your input with two key actions. Firstly, carefully review your payroll...
Understanding the top 10 challenges for SMEs today
12 October 2023 | Minutes to read: 3

Understanding the top 10 challenges for SMEs today

Small and medium-sized enterprises, or SMEs, play a significant role in the global economic landscape. These organisations...
Expansion of Victoria’s Vacant Residential Land Tax may drive developers and investors out
12 October 2023 | Minutes to read: 3

Expansion of Victoria’s Vacant Residential Land Tax may drive developers and investors out

On Thursday, 5 October 2023, the Hon Tim Pallas introduced The State Taxation Acts and Other Acts...
Bridging bonds: conflict resolution and mediation in family businesses
12 October 2023 | Minutes to read: 3

Bridging bonds: conflict resolution and mediation in family businesses

Family businesses are often lauded for their resilience, values and continuity across generations. Yet, within these close-knit...
What is a Motor Vehicle Logbook and why is it important?
10 October 2023 | Minutes to read: 4

What is a Motor Vehicle Logbook and why is it important?

Do you use your car for job-related duties or to run your business? If you do, you...
Work from home deductions 2023: important changes
10 October 2023 | Minutes to read: 4

Work from home deductions 2023: important changes

UPDATED (as of 22 November 2023) On 15 February 2023, the ATO finalised its new more stringent...
Building strong foundations: the pillars of governance in family businesses
5 October 2023 | Minutes to read: 3

Building strong foundations: the pillars of governance in family businesses

Family businesses are often built on a foundation of shared values, trust, and a vision for the...
Australia’s Small Business Restructuring regime: a tool to revive your manufacturing business
3 October 2023 | Minutes to read: 2

Australia’s Small Business Restructuring regime: a tool to revive your manufacturing business

In times of economic uncertainty, SME businesses are generally squeezed harder than larger ones, with fewer levers...
The family business advantage: Nurturing legacy and success
28 September 2023 | Minutes to read: 3

The family business advantage: Nurturing legacy and success

In a world of conglomerates and global enterprises, family businesses stand out as a testament to the...
New financial year tax and super changes for CFOs
26 September 2023 | Minutes to read: 3

New financial year tax and super changes for CFOs

Australia has introduced a string of tax and superannuation changes this financial year, which CFOs and finance...
Governance in family businesses: its critical role in nurturing success
21 September 2023 | Minutes to read: 3

Governance in family businesses: its critical role in nurturing success

Family businesses are the engine-room of our economy, contributing significantly to job creation, innovation, and economic growth....
Payroll tax for medical practices: a state-by-state analysis
19 September 2023 | Minutes to read: 3

Payroll tax for medical practices: a state-by-state analysis

Several Australian state revenue offices have provided payroll tax rulings that aim to clarify the respective state’s...
Investing ethically by using an ESG framework
14 September 2023 | Minutes to read: 3

Investing ethically by using an ESG framework

As a financial adviser that works closely with clients in the medical industry, I am increasingly asked...
How practices and providers can benefit from Australia’s new MyMedicare model
12 September 2023 | Minutes to read: 2

How practices and providers can benefit from Australia’s new MyMedicare model

Australia’s new MyMedicare voluntary registration model aims to strengthen the relationship between patients and their providers, with...
Providing your employees with salary packaging for electric cars
15 August 2023 | Minutes to read: 3

Providing your employees with salary packaging for electric cars

Electric cars are now exempt from Fringe Benefits Tax (FBT), making it an opportune time to boost...
Preparing for imminent mandatory climate-related disclosures
10 August 2023 | Minutes to read: 2

Preparing for imminent mandatory climate-related disclosures

For Australian businesses, June provided greater insights into the future of sustainability reporting including for who and...
Transitioning your manufacturing business to a circular economy model
2 August 2023 | Minutes to read: 3

Transitioning your manufacturing business to a circular economy model

As we continue to grapple with the challenges that stem from climate change, pollution and resource depletion,...
Business lessons from the turnaround of Australian entertainment giant Foxtel
31 July 2023 | Minutes to read: 3

Business lessons from the turnaround of Australian entertainment giant Foxtel

Disruption The Foxtel IQ product was world leading technology throughout the 2000s. However, Foxtel faced allegations in...
Supply chain management: prepare for disruption to stay on track
13 July 2023 | Minutes to read: 2

Supply chain management: prepare for disruption to stay on track

Geopolitical tensions, shipping delays and rising freight costs are compounding the bleak global supply chain situation –...
How and when your business should access Australia’s safe harbour provisions
27 June 2023 | Minutes to read: 3

How and when your business should access Australia’s safe harbour provisions

If economic uncertainty is impacting your business to the point where you’re unsure if it will continue...
Establishing a tax-effective employee share scheme or employee stock option plan in Australia
23 June 2023 | Minutes to read: 4

Establishing a tax-effective employee share scheme or employee stock option plan in Australia

Setting up an employee share scheme (ESS) or employee stock option plan (ESOP) to attract, retain and...
Small Business Lodgement Penalty Amnesty: ATOs lifeline to eligible businesses with outstanding tax debts
21 June 2023 | Minutes to read: 2

Small Business Lodgement Penalty Amnesty: ATOs lifeline to eligible businesses with outstanding tax debts

Small businesses have a one-off amnesty to lodge outstanding tax returns without penalties. The amnesty operates until...
Are your books exit ready? Five common adjustments when transitioning tax books into IFRS reporting books
13 June 2023 | Minutes to read: 3

Are your books exit ready? Five common adjustments when transitioning tax books into IFRS reporting books

Our 2023 Exit Smart Report indicates that 43% of SME business owners and key decision makers are...
Tax time tricks to cut your losses and increase your wealth for years to come
6 June 2023 | Minutes to read: 4

Tax time tricks to cut your losses and increase your wealth for years to come

Year-end financial planning can seem overwhelming, but it’s a valuable opportunity to implement tax time tricks that...
Don’t lose your Not For Profit tax exemptions, check these important reforms coming on 1 July 2023
31 May 2023 | Minutes to read: 2

Don’t lose your Not For Profit tax exemptions, check these important reforms coming on 1 July 2023

Advice Summary: Prepare for tax exemption reforms for Not For Profits (NFPs) starting 1 July 2023. Self-assessing...
Accounting and tax considerations of biotech & pharma companies conducting clinical trials in Australia
30 May 2023 | Minutes to read: 6

Accounting and tax considerations of biotech & pharma companies conducting clinical trials in Australia

This article was originally posted on 27 July 2021 and has been updated as of 30 May...
Landowners take center stage in Victorian tax reforms
26 May 2023 | Minutes to read: 4

Landowners take center stage in Victorian tax reforms

Victorian Treasurer Tim Pallas has handed down a budget focused on the government "taking responsibility" for the...
What is in the 2023 Federal Budget for Medical Practitioners?
24 May 2023 | Minutes to read: 3

What is in the 2023 Federal Budget for Medical Practitioners?

There was certainly a lot of talk in the days after the 2023 Federal Budget in relation...
How can my practice access the Strengthening Medicare – GP Grants Program?
22 May 2023 | Minutes to read: 3

How can my practice access the Strengthening Medicare – GP Grants Program?

By now you are probably aware of the newly announced Strengthening Medicare – GP Grants Program. The...
How to manage and clear your debts with the ATO
22 May 2023 | Minutes to read: 3

How to manage and clear your debts with the ATO

Navigating outstanding debts can be a daunting task, especially debts with the Australian Taxation Office (ATO). The...
Federal Budget announcements for housing and the property and construction sector
19 May 2023 | Minutes to read: 3

Federal Budget announcements for housing and the property and construction sector

Earlier this month as part of the 2023-24 Federal Budget, Treasurer Jim Chalmers announced a range of...
Federal Budget 2023 | Key policies at a glance
9 May 2023 | Minutes to read: 5

Federal Budget 2023 | Key policies at a glance

1. Cost of living Energy bill relief  The Government will work with Territory and State Governments to...
Federal Budget 2023 | 5 key take-outs for SMEs
9 May 2023 | Minutes to read: 2

Federal Budget 2023 | 5 key take-outs for SMEs

⭳ Download Infographic (.png) 1.  Get your compliance in order The ATO is focusing on high value...
Crowd-sourced funding: what’s involved and why it’s taking off
26 April 2023 | Minutes to read: 4

Crowd-sourced funding: what’s involved and why it’s taking off

HelpPay, a William Buck client, is about to embark on a crowd-sourced fund raise. We’re taking the...
Financing your business for growth
21 April 2023 | Minutes to read: 3

Financing your business for growth

When it comes to financing your business for growth, you generally have two options; either you use...
Year-end tax planning considerations for medical practitioners
18 April 2023 | Minutes to read: 4

Year-end tax planning considerations for medical practitioners

With the End of Financial Year (EOFY) just around the corner, it’s not too late to start...
Tax planning strategies for small businesses
17 April 2023 | Minutes to read: 3

Tax planning strategies for small businesses

While the end of financial year is fast approaching, there is still time for business owners to...
Options available to wind up your company
17 April 2023 | Minutes to read: 5

Options available to wind up your company

For some CFOs, there might come a time when the wind up of your company, or of...
R&D Tax Incentive considerations for financial year-end
12 April 2023 | Minutes to read: 5

R&D Tax Incentive considerations for financial year-end

With EOFY just around the corner, we’ve outlined simple steps businesses can take before year-end to ensure...
Monitoring your business performance: tips on setting KPIs and remaining accountable
4 April 2023 | Minutes to read: 3

Monitoring your business performance: tips on setting KPIs and remaining accountable

Business owners are often occupied with the operational requirements of running a business and as a result,...
Did your Victorian land tax bill give you a fright?
27 March 2023 | Minutes to read: 2

Did your Victorian land tax bill give you a fright?

Victorian landowners have been in receipt of their 2022 land tax assessments in the recent weeks and...
Certain international tax treaties provide relief from foreign purchaser surcharge duty in NSW
13 March 2023 | Minutes to read: 3

Certain international tax treaties provide relief from foreign purchaser surcharge duty in NSW

For the purposes of NSW State taxes, a ‘foreign person’ is anyone is: not 'ordinarily resident in...
Another year, another ‘successful’ R&D claim – Does receiving your R&D refund mean your activities were eligible?
13 March 2023 | Minutes to read: 2

Another year, another ‘successful’ R&D claim – Does receiving your R&D refund mean your activities were eligible?

Have you ever wondered who reviews and approves your Research and Development (R&D) refund? Surely, your activities...
Made in Victoria – Manufacturing Growth Program
9 March 2023 | Minutes to read: 3

Made in Victoria – Manufacturing Growth Program

The Victorian State Government recently launched the Made in Victoria – Manufacturing Growth Program, a government fund...
Leaps in land values lead to a three-year tax headache for NSW property investors
2 March 2023 | Minutes to read: 3

Leaps in land values lead to a three-year tax headache for NSW property investors

Owners of land in New South Wales are facing a potential three-year surge in land tax, following...
Is your internal finance function stretched to capacity?
1 March 2023 | Minutes to read: 3

Is your internal finance function stretched to capacity?

Several factors have combined to leave many internal finance functions stretched to capacity. These include rising costs,...
5 reasons why you should stay on top of your SMSF admin
27 February 2023 | Minutes to read: 2

5 reasons why you should stay on top of your SMSF admin

Typically, an existing Self-Managed Superannuation Fund’s (SMSF) annual tax return is due in mid-May of the following...
Employee or contractor: what you need to know about the ATO’s latest guidance
17 February 2023 | Minutes to read: 3

Employee or contractor: what you need to know about the ATO’s latest guidance

In February 2022, the High Court handed down two defining judgements: CFMEU & Anor v Personnel Contracting...
Vendor mistakes in tax due diligence: what purchasers should be aware of
14 February 2023 | Minutes to read: 5

Vendor mistakes in tax due diligence: what purchasers should be aware of

There are a range of potential tax issues that a purchaser can inherit when acquiring the shares...
Inversion dilemma: What does the current US inverted yield curve mean for financial report measurements?
11 January 2023 | Minutes to read: 3

Inversion dilemma: What does the current US inverted yield curve mean for financial report measurements?

With economies firing back up from their COVID malaise, we are experiencing an environment of low unemployment...
ATO’s targeted risk programs for private clients and what triggers an audit
24 November 2022 | Minutes to read: 5

ATO’s targeted risk programs for private clients and what triggers an audit

With the CFO’s focus having shifted a great deal over the last decade, particularly during the pandemic,...
Has the time come for juniors to take exploration costs off the balance sheet?
21 November 2022 | Minutes to read: 3

Has the time come for juniors to take exploration costs off the balance sheet?

You know the playbook – get hold of that promising target, be it gold, lithium, or a...
Super SA rule changes to create significant tax saving opportunities
3 November 2022 | Minutes to read: 3

Super SA rule changes to create significant tax saving opportunities

Super SA has announced important changes effective 30 November 2022, that provide exciting tax saving opportunities for...
Property industry winners in this month’s Federal Budget
31 October 2022 | Minutes to read: 3

Property industry winners in this month’s Federal Budget

Perhaps the most intriguing announcements in last week’s Federal Budget weren’t tax changes or new economic policies,...
More than just ARR – 3 critical metrics for measuring SaaS startups
31 October 2022 | Minutes to read: 4

More than just ARR – 3 critical metrics for measuring SaaS startups

In recent years, Software as a Service (SaaS) startups have been fed on a steady diet of...
Individual residency rules: Where are they now?
26 October 2022 | Minutes to read: 3

Individual residency rules: Where are they now?

There is no doubt that Australia’s tax residency rules are complex, especially regarding individuals. For some time,...
Federal Budget October 2022-23 | Key policies at a glance
25 October 2022 | Minutes to read: 6

Federal Budget October 2022-23 | Key policies at a glance

Cost of living relief Cheaper childcare From July 2023, Child Care Subsidy rates will increase to 90%...
Federal Budget October 2022-23 | 5 key take-outs for SMEs
25 October 2022 | Minutes to read: 2

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

Download PDF 1. Paid parental leave The Federal Government has announced the biggest expansion of the Paid...
Effective tax planning is ongoing and starts early
20 October 2022 | Minutes to read: 4

Effective tax planning is ongoing and starts early

‘Year-end tax planning’ should start well before 30 June and be ongoing, with many strategies best implemented...
How the Virtual CFO uses technology to drive change and business growth
13 October 2022 | Minutes to read: 3

How the Virtual CFO uses technology to drive change and business growth

Business today is incredibly fast paced and the traditional month-end analysis to identify trends or incidents that...
Why you should regularly review your pricing strategy
11 October 2022 | Minutes to read: 3

Why you should regularly review your pricing strategy

Despite the many challenges faced by small businesses over the past few years, those that have forged...
Taxing digital assets: the Board of Taxation’s review
30 September 2022 | Minutes to read: 3

Taxing digital assets: the Board of Taxation’s review

As a result of the rapid digitalisation of businesses and economies, transactions involving cryptocurrency and other digital...
Business rehabilitation through Voluntary Administration
30 September 2022 | Minutes to read: 4

Business rehabilitation through Voluntary Administration

Voluntary Administration is a process that allows for an independent insolvency expert to take control of a...
Four reasons to consider a multi-family office
27 September 2022 | Minutes to read: 3

Four reasons to consider a multi-family office

Why should wealthy families use a multi-family office? What is it and how is it different from...
SMEs face rising debts – your way out of hot water
21 September 2022 | Minutes to read: 4

SMEs face rising debts – your way out of hot water

An increasing number of SME business are facing compounding debts and are struggling to stay above water....
R&D Tax Incentive 2022: Are you entitled to a 43.5% or 48.5% refundable R&D tax offset?
19 September 2022 | Minutes to read: 4

R&D Tax Incentive 2022: Are you entitled to a 43.5% or 48.5% refundable R&D tax offset?

We understand the important role that Australia’s refundable R&D tax incentive plays in financing R&D projects for...
Time is running out to register your .au domain
15 September 2022 | Minutes to read: 2

Time is running out to register your .au domain

Australian businesses and residents can now purchase a ‘.au’ domain for their website address. While this has...
M&A, Venture Capital and Private Equity Insights 2022
13 September 2022 | Minutes to read: 3

M&A, Venture Capital and Private Equity Insights 2022

For the latest updates, please see below: M&A, Venture Capital and Private Equity Insights 2022 M&A, IPO,...
HelpPay’s Andrew Ellett and his tips for startup founders
31 August 2022 | Minutes to read: 5

HelpPay’s Andrew Ellett and his tips for startup founders

Launching a start-up, let alone a successful one, is not a simple feat. It requires planning, time,...
Improve your cash flow management during periods of instability
23 August 2022 | Minutes to read: 2

Improve your cash flow management during periods of instability

Effective cash flow management is critical to running a business, particularly in periods of economic instability. Poor...
Employer obligations and the CFO
16 August 2022 | Minutes to read: 5

Employer obligations and the CFO

In May 2022, the Australian Labor Party (ALP) formed a majority federal government, flagging significant changes aimed...
Here’s how to create a tax-effective exit for shareholders – and why it starts today
11 August 2022 | Minutes to read: 5

Here’s how to create a tax-effective exit for shareholders – and why it starts today

This article was first published in Startup Daily on 3 August 2022. For founders, the day that...
Protect your business from debt and liquidated debtors with the PPSA
8 August 2022 | Minutes to read: 2

Protect your business from debt and liquidated debtors with the PPSA

The old adage ‘Cash is King’ is in many respects correct for both businesses and business owners...
Superannuation changes: Revisit your retirement plan and maximise your savings
8 August 2022 | Minutes to read: 3

Superannuation changes: Revisit your retirement plan and maximise your savings

The new financial year brought a flurry of significant superannuation contributions changes from 1 July 2022 -...
Fraud detection and investigation for the CFO and finance team
29 July 2022 | Minutes to read: 3

Fraud detection and investigation for the CFO and finance team

Detection of employee fraud sits squarely within your remit as a CFO, and evidence shows that it’s...
Tips for startups undertaking their first capital raise
28 July 2022 | Minutes to read: 5

Tips for startups undertaking their first capital raise

Undertaking a capital raise is complex and often daunting. It requires time and planning. If you’re considering...
The CFO’s guide to claiming the R&D Tax Incentive
15 July 2022 | Minutes to read: 4

The CFO’s guide to claiming the R&D Tax Incentive

One of the key responsibilities of the modern CFO is to obtain appropriate funding for the business,...
Can income protection cover mortgage payments?
14 July 2022 | Minutes to read: 2

Can income protection cover mortgage payments?

You worked tirelessly to own your dream home, but you’ve suffered an injury or illness that prevents...
Navigating rising interest rates and inflation
13 July 2022 | Minutes to read: 2

Navigating rising interest rates and inflation

What a difference three months can make in the world of finance. It doesn’t seem that long...
Inflation and cashflow: How key economic indicators are impacting your business
27 June 2022 | Minutes to read: 3

Inflation and cashflow: How key economic indicators are impacting your business

Inflation is the talk of the town, and its affects are becoming more apparent, impacting groceries, fuel,...
Exit your business effectively and avoid deal fatigue
24 June 2022 | Minutes to read: 2

Exit your business effectively and avoid deal fatigue

So you’ve decided to exit your business. But what is the best route to the door? There...
Investing during market volatility
15 June 2022 | Minutes to read: 4

Investing during market volatility

A client concerned about investing during market volatility asked, “Why wouldn’t I just throw all my money...
How can I prepare my business for increased ATO audit activity and tighter tax rules?
25 May 2022 | Minutes to read: 3

How can I prepare my business for increased ATO audit activity and tighter tax rules?

To boost tax collections and reduce an estimated budget deficit of near $80bn, we expect the new...
How can I achieve a 3-day month-end?
25 May 2022 | Minutes to read: 4

How can I achieve a 3-day month-end?

As a CFO, the buck stops with you to ensure the month-end close is efficient and as...
E-Commerce Series: Measuring the success of your online business
23 May 2022 | Minutes to read: 4

E-Commerce Series: Measuring the success of your online business

You’ve built your e-commerce platform, based on research and solid business and marketing plans, but how do...
E-Commerce series: the three fundamental rules when scaling your online business
19 May 2022 | Minutes to read: 3

E-Commerce series: the three fundamental rules when scaling your online business

You have conducted your research and backed it up with solid business and marketing plans which will...
Business distress indicators and how to identify them
19 May 2022 | Minutes to read: 5

Business distress indicators and how to identify them

When it comes to assessing business distress and a company’s insolvency risk, there are two approaches: the...
Is your IPO too FAT?
18 May 2022 | Minutes to read: 3

Is your IPO too FAT?

So, before I start – yes, an Initial Public Offering (IPO) is a major milestone event, and...
Succession planning for your business
13 May 2022 | Minutes to read: 2

Succession planning for your business

At some point in your business' lifecycle, you must consider its succession. Deciding the best options for...
How do I position my business for growth
10 May 2022 | Minutes to read: 3

How do I position my business for growth

As the planning cycle commences for the financial year 2023, it’s a good time to focus on...
Certain clinical trials now accepted as eligible research and development activities
28 April 2022 | Minutes to read: 2

Certain clinical trials now accepted as eligible research and development activities

AusIndustry recently issued a determination allowing certain clinical trials to be accepted as eligible core Research and...
Life Cycle Assessments and the Benefits to SME’s
27 April 2022 | Minutes to read: 2

Life Cycle Assessments and the Benefits to SME’s

Looking to level up your innovation? Innovative businesses drive markets and innovative markets drive change. Life Cycle...
Valuable skills of a Virtual CFO: accounting and financial reporting
21 April 2022 | Minutes to read: 4

Valuable skills of a Virtual CFO: accounting and financial reporting

Virtual CFOs can support busy business owners by identifying potential risks and implementing financial strategies to drive...
Property deals to be impacted by proposed changes to NSW transfer duty provisions
21 April 2022 | Minutes to read: 2

Property deals to be impacted by proposed changes to NSW transfer duty provisions

Proposed changes to the NSW transfer duty provisions are expected to impact option agreements in real property...
Small business tax planning tips: the do’s and don’ts
20 April 2022 | Minutes to read: 3

Small business tax planning tips: the do’s and don’ts

Tax planning can be daunting – especially as a small business owner when it adds to your already exhaustive To...
More funding to the ATO: Prepare for increased ATO audit activity
19 April 2022 | Minutes to read: 3

More funding to the ATO: Prepare for increased ATO audit activity

After two years of heavy spending amid the pandemic and no tax rate increases in sight, how...
Thousands of Director Penalty Notices issued in ATO debt collection activities
13 April 2022 | Minutes to read: 2

Thousands of Director Penalty Notices issued in ATO debt collection activities

Following a relatively quiet period during the COVID-19 pandemic, the Australian Taxation Office (ATO) has resumed its...
Are you considering starting in private practice?
12 April 2022 | Minutes to read: 4

Are you considering starting in private practice?

We understand that starting in private practice can be daunting, so we’ve put together a list of...
Are you ready to apply for your Director Identification Number?
6 April 2022 | Minutes to read: 2

Are you ready to apply for your Director Identification Number?

Effective 1 November 2021, all directors of registered bodies are required to obtain a Director Identification Number...
Federal Budget March 2022-23: Its impact on medical professionals
5 April 2022 | Minutes to read: 4

Federal Budget March 2022-23: Its impact on medical professionals

Josh Frydenberg’s 2022 - 2023 Federal Budget was announced recently, with few surprises and a raft of...
Payroll tax: How practices are chosen for review
5 April 2022 | Minutes to read: 3

Payroll tax: How practices are chosen for review

This article was first published on The Medical Republic on 15 March 2022. Be alert, but maybe...
Federal Budget March 2022-23 | Key policies at a glance
29 March 2022 | Minutes to read: 5

Federal Budget March 2022-23 | Key policies at a glance

The 2022/23 Federal Budget has a focus on short term cost of living pressures as well as...
Federal Budget 2022-23 | 5 key take-outs for SMEs
29 March 2022 | Minutes to read: 2

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

1. Utilise incentives to upskill your workforce Can you use the skills and training boost for financial...
Exit smart by using a solvent winding up
23 March 2022 | Minutes to read: 4

Exit smart by using a solvent winding up

When a company’s life cycle has run its course and the corporate entity is no longer required,...
Rouble’s rampage crosses an accounting Rubicon
21 March 2022 | Minutes to read: 3

Rouble’s rampage crosses an accounting Rubicon

Recent gyrations in the rouble highlight a problem in financial reporting – what ‘is’ a foreign currency...
How to develop KPIs to measure and increase the sustainability of your practice: Part two
15 March 2022 | Minutes to read: 3

How to develop KPIs to measure and increase the sustainability of your practice: Part two

This article was first published by The Medical Republic, 15 February 2022 Developing and implementing key performance...
M&A, IPO, Venture Capital and Private Equity Insights 2021
8 March 2022 | Minutes to read: 3

M&A, IPO, Venture Capital and Private Equity Insights 2021

As a follow up to our extensive 2021 M&A and VC Report launched in August, below you’ll...
Tax treatment of Non-Fungible Tokens (NFTs)
4 March 2022 | Minutes to read: 3

Tax treatment of Non-Fungible Tokens (NFTs)

With the acceleration of blockchain, Non-Fungible Tokens (NFTs) have gained significant popularity over the last few years....
Compliance the biggest source of stress for business owners, but integral to success
4 March 2022 | Minutes to read: 3

Compliance the biggest source of stress for business owners, but integral to success

A staggering 85% of SME business owners have identified compliance as the biggest source of stress in...
ATO finalises approach to the allocation of professional firm profits
24 February 2022 | Minutes to read: 5

ATO finalises approach to the allocation of professional firm profits

For many years the Australian Taxation Office (ATO) has been concerned that an insufficient portion of the...
ATO clamp down on trusts – the end of an interesting decade for unpaid present entitlements
24 February 2022 | Minutes to read: 4

ATO clamp down on trusts – the end of an interesting decade for unpaid present entitlements

The ATO has announced a major crackdown on the taxation of family trusts. In a long-awaited series...
ATO clamp down on trusts – is income splitting dead?
24 February 2022 | Minutes to read: 3

ATO clamp down on trusts – is income splitting dead?

The ATO has announced a major crackdown on the taxation of family trusts. In a long-awaited ruling,...
How will COVID-19 impact my insurance coverage?
17 February 2022 | Minutes to read: 2

How will COVID-19 impact my insurance coverage?

For two years, COVID has disrupted our lives, our short-term goals and achievements. But what impact has...
Identifying the intangible assets in your manufacturing business
7 February 2022 | Minutes to read: 4

Identifying the intangible assets in your manufacturing business

This article was first published by AMTIL on 21 December 2021. Knowing that employers will respect and...
Private groups still under the ATO’s spotlight – what you need to know
1 February 2022 | Minutes to read: 3

Private groups still under the ATO’s spotlight – what you need to know

The Australian Tax Office (ATO) has operated successful tax assurance programs for private groups for a number...
NSW Government support announced for businesses affected by Omnicron including ‘JobSaver Extension’
1 February 2022 | Minutes to read: 2

NSW Government support announced for businesses affected by Omnicron including ‘JobSaver Extension’

2022 Small Business Support Program Applications for the 2022 Small Business Support Program open on Monday 14...
New superannuation obligations for new employees – stapled funds
1 February 2022 | Minutes to read: < 1

New superannuation obligations for new employees – stapled funds

New employees Effective 1 November 2021, an extra step is now required when onboarding new employees without...
Prioritise your business strategy this New Year
31 January 2022 | Minutes to read: 3

Prioritise your business strategy this New Year

With the New Year upon us, many people will use the change of calendar as an opportune...
Does bitcoin now fit the accounting definition of cash?
24 January 2022 | Minutes to read: 2

Does bitcoin now fit the accounting definition of cash?

With Bitcoin being declared legal tender in El Salvador and more generally gaining acceptance as a transaction...
How much will you need to retire?
24 January 2022 | Minutes to read: 3

How much will you need to retire?

‘How much do I need to retire’ is one of the most common questions we are asked...
Valuable skills of a Virtual CFO: stakeholder engagement
12 January 2022 | Minutes to read: 2

Valuable skills of a Virtual CFO: stakeholder engagement

Virtual CFOs possess unique skills that enable them to assist growing businesses in many ways. Here, we...
Business restructuring – why, when and how?
16 December 2021 | Minutes to read: 5

Business restructuring – why, when and how?

This is the first article in a two-part series on business restructuring and explores the why, when...
Tax issues to manage when buying a private business
16 December 2021 | Minutes to read: 4

Tax issues to manage when buying a private business

When the COVID-19 pandemic first struck in early 2020, mergers and acquisitions (M&A) ground to a halt....
Five tips for managing your cash flow this Christmas
15 December 2021 | Minutes to read: 3

Five tips for managing your cash flow this Christmas

While the Christmas break for many is a time to recover and plan for the new year,...
Victorian Payroll Tax Surcharge Commences 1 January 2022
7 December 2021 | Minutes to read: 2

Victorian Payroll Tax Surcharge Commences 1 January 2022

The Mental Health and Wellbeing Payroll Tax Surcharge will commence from 1 January 2022 and is payable...
Discretionary trusts and the Family Court: are your assets protected?
29 November 2021 | Minutes to read: 3

Discretionary trusts and the Family Court: are your assets protected?

This article was written with the assistance of Greg Parker, Partner at Swaab Attorneys.  In Australia, it’s...
Canberra to consult on the treatment of corporate trusts under insolvency law
24 November 2021 | Minutes to read: 2

Canberra to consult on the treatment of corporate trusts under insolvency law

Australia’s current insolvency law does not clearly address the treatment of corporate trusts which are commonly used...
Discretionary trusts and tax planning: tips and traps
22 November 2021 | Minutes to read: 5

Discretionary trusts and tax planning: tips and traps

Discretionary trusts are a unique and flexible structure that are particularly adapted to family arrangements. As well...
Investing: the many biases that could hamper your success
19 November 2021 | Minutes to read: 4

Investing: the many biases that could hamper your success

Investing is a life-long pursuit. It may take on different forms as we move through our lives,...
Trusts 101
18 November 2021 | Minutes to read: 5

Trusts 101

Most private businesses and many family groups have an Australian trust somewhere in their legal structure. While...
Directors beware – or face potential criminal charges and ASIC banning orders
11 November 2021 | Minutes to read: 3

Directors beware – or face potential criminal charges and ASIC banning orders

In a strong warning to company directors over the past four weeks, Australia’s corporate watchdog has issued...
Get ready for Single Touch Payroll (STP) 2.0
3 November 2021 | Minutes to read: 2

Get ready for Single Touch Payroll (STP) 2.0

Phase two of The ATO’s Single Touch Payroll (STP) reporting regime is due to come into effect...
How to attract and retain talent during a labour shortage
27 October 2021 | Minutes to read: 5

How to attract and retain talent during a labour shortage

Business SA's Quarterly Survey of Business Expectations (SOBE) for the September quarter, prepared in partnership with William...
Is your strategic management report set up for effective decision making?
25 October 2021 | Minutes to read: 5

Is your strategic management report set up for effective decision making?

Management reports aim to allow users to assess the company’s strategy, identify its strengths and concerns and...
Virtual AGMs are very real
25 October 2021 | Minutes to read: 5

Virtual AGMs are very real

There was a time when virtual AGMs were technically flawed, impersonal, untrustworthy and just not going to...
Safe harbour review: ARITA’s recommendations
20 October 2021 | Minutes to read: 3

Safe harbour review: ARITA’s recommendations

In response to Treasurer Frydenberg’s announcement in May of the government’s intentions to reform Australia’s insolvency framework...
Take your payroll tax exposure seriously
20 October 2021 | Minutes to read: 3

Take your payroll tax exposure seriously

In recent weeks, we have been contacted by many concerned clients regarding the Thomas Case and the...
Proposed improvements to Australia’s Employee Share Scheme rules
19 October 2021 | Minutes to read: 4

Proposed improvements to Australia’s Employee Share Scheme rules

At its core, employee share schemes (“ESS”) are designed to align the interests of employees with those...
DINs to Burn Illegal Phoenix Activity
17 October 2021 | Minutes to read: 3

DINs to Burn Illegal Phoenix Activity

What are Director Identification Numbers? The Director Identification Number (DIN) is a 15-digit unique identifier that relevant...
Victoria announces Homebuyer Fund to assist eligible homebuyers purchase property
14 October 2021 | Minutes to read: 2

Victoria announces Homebuyer Fund to assist eligible homebuyers purchase property

Victoria’s State Revenue Office has announced a Homebuyer Fund that enables eligible homebuyers to now receive a...
A rich 125 years of William Buck history
8 October 2021 | Minutes to read: 2

A rich 125 years of William Buck history

I’ve never attended a 125th birthday before. But this milestone for William Buck was worthy of celebration....
Phasing out of JobSaver and Micro-business grant
6 October 2021 | Minutes to read: < 1

Phasing out of JobSaver and Micro-business grant

The NSW Government has announced phasing out of its business support payments as vaccination rates in NSW...
Victorian Business Support Package
5 October 2021 | Minutes to read: 6

Victorian Business Support Package

The Victorian Government has provided further detail on the Business Support Package, including greater clarity around the...
How to best structure your pre-IPO raise – con notes, shares or SAFE notes?
5 October 2021 | Minutes to read: 3

How to best structure your pre-IPO raise – con notes, shares or SAFE notes?

You’ve progressed your enterprise from startup and angel capital raising rounds and are now ready to consider...
COVID-19 Disaster Payment to be phased out
30 September 2021 | Minutes to read: < 1

COVID-19 Disaster Payment to be phased out

The Federal Government has officially announced its plan to transition away from the COVID-19 Disaster Payment as...
The benefits of automation, integration and online payment services
30 September 2021 | Minutes to read: 4

The benefits of automation, integration and online payment services

A frequent discussion I’m having with clients is how to regain some hours in their day as...
Setting up an online store: why you need a business plan
30 September 2021 | Minutes to read: 3

Setting up an online store: why you need a business plan

This is the first in a two-part series on establishing an e-Commerce business in Australia. The e-commerce...
Financial forecasting 101
27 September 2021 | Minutes to read: 3

Financial forecasting 101

What is financial forecasting? Financial forecasting is the process of estimating the future financial performance of a...
How to sell your business in the most tax effective way
22 September 2021 | Minutes to read: 4

How to sell your business in the most tax effective way

Selling your business can be a life changing event. Whether you are a small business owner, or...
Going global – structuring your scaleup for international expansion
22 September 2021 | Minutes to read: 5

Going global – structuring your scaleup for international expansion

Given the sheer size of global markets relative to Australia, international expansion is usually a necessary step...
GP Practice Owners – Why it’s critical to develop a plan for GP Recruitment
20 September 2021 | Minutes to read: 3

GP Practice Owners – Why it’s critical to develop a plan for GP Recruitment

William Buck acts for many owners of general medical practices across Australia. Consistently, one of the top...
Export insights:  China’s food and beverage market
20 September 2021 | Minutes to read: 4

Export insights: China’s food and beverage market

China’s burgeoning middle-class, together with the China-Australia Free Trade Agreement has created a wealth of opportunities for...
Are you really a temporary tax resident?
20 September 2021 | Minutes to read: 3

Are you really a temporary tax resident?

Click here for simplified Chinese 点击阅读简体中文版 Tax residency has become a hot topic lately, with a suite...
Benefits of Discretionary Family Trusts​
19 September 2021 | Minutes to read: 3

Benefits of Discretionary Family Trusts​

This is a question we get asked often by medical practitioners. Generally they have heard from a...
Does the ATO know about your new car? Extended data-matching powers on lifestyle assets
16 September 2021 | Minutes to read: 2

Does the ATO know about your new car? Extended data-matching powers on lifestyle assets

An extension of the Australian Taxation Office’s (ATO) data matching program means your yacht, Porsche or Archibald...
Healthcare a leading sector for Australian deal making activity in 2021 – what does this mean for you?
15 September 2021 | Minutes to read: 3

Healthcare a leading sector for Australian deal making activity in 2021 – what does this mean for you?

Healthcare, which is one of a few sectors leading the current resurgence of deal making activity in...
Developing KPIs to solidify the sustainability of your practice
15 September 2021 | Minutes to read: 3

Developing KPIs to solidify the sustainability of your practice

This is the first article in a three-part series on developing and tracking practice performance through Key...
Technology and the future Virtual CFO
13 September 2021 | Minutes to read: 2

Technology and the future Virtual CFO

This article is the second in a series that looks at the VCFO role, how it differs...
William Buck client Tuff Group Holdings to build Australia’s first synthetic turf recycling plant
10 September 2021 | Minutes to read: 2

William Buck client Tuff Group Holdings to build Australia’s first synthetic turf recycling plant

Tuff Group Holdings (Tuff Group) has received grant funding with the help of William Buck to build...
Tax in a digitised world
23 August 2021 | Minutes to read: 5

Tax in a digitised world

Tax is an ancient beast trying to deal with a rapidly changing world. It is struggling to...
The new ethical challenges in testing times
23 August 2021 | Minutes to read: 4

The new ethical challenges in testing times

This articles was first published by Praxity on 24 May 2021. As the pandemic wanes, accountants and...
How to detect and prevent employee fraud in the ‘new normal’
23 August 2021 | Minutes to read: 5

How to detect and prevent employee fraud in the ‘new normal’

This article is authored by Cameron Johnstone, Dominic Molluso and Sean Wengel. Employee fraud is all too...
NFP Financial reporting insights | August 2021
18 August 2021 | Minutes to read: < 1

NFP Financial reporting insights | August 2021

Transitioning to simplified disclosures The Australian Accounting Standards Board has issued AASB 2021-1 Amendments To Australian Accounting...
NFP ACNC activities | August 2021
18 August 2021 | Minutes to read: 5

NFP ACNC activities | August 2021

Governance standard strengthened  The Federal Government has announced amendments to governance standard three to ensure that Australian...
NFP Governance & Compliance | August 2021
18 August 2021 | Minutes to read: 6

NFP Governance & Compliance | August 2021

New guide on AGMs  New guidance should help organisations navigate uncertainty about holding AGMs and executing electronic...
NSW JobSaver applications now open – further details on how to apply
12 August 2021 | Minutes to read: 14

NSW JobSaver applications now open – further details on how to apply

Latest Updates 20 September | Reconfirm your Eligibility for the JobSaver Scheme fortnightly Service NSW has issued...
Further detail announced on NSW Government’s 2021 COVID-19 Business Grant
12 August 2021 | Minutes to read: 11

Further detail announced on NSW Government’s 2021 COVID-19 Business Grant

Latest Updates 30 August | Decline in turnover test for service entities Service NSW has updated its...
EdTech – grants and support to kickstart your move to China
9 August 2021 | Minutes to read: 3

EdTech – grants and support to kickstart your move to China

This article is part of an ongoing ‘Asia Pacific Insights Series’, co-authored by Vivi Chen, Cica Chen...
2021 COVID-19 Micro-business Grant – businesses can now apply
27 July 2021 | Minutes to read: 11

2021 COVID-19 Micro-business Grant – businesses can now apply

Latest Updates 20 September | Reconfirm your Eligibility for the Micro-business Grant fortnightly Service NSW has issued...
SA COVID relief alert
22 July 2021 | Minutes to read: 2

SA COVID relief alert

In response to the South Australian 7 day lockdown beginning 21 July 2021, the State Treasurer has...
What is a Virtual CFO and how could they help your business
19 July 2021 | Minutes to read: 3

What is a Virtual CFO and how could they help your business

With the transition to real time accounting using cloud-based software, an increase in flexible working arrangements and...
Tax planning starts 1 July
19 July 2021 | Minutes to read: 4

Tax planning starts 1 July

“Year-end tax planning” – you hear it so many times that you’d think the two were synonymous....
Business finance: your best options and tips to make them work for you
19 July 2021 | Minutes to read: 3

Business finance: your best options and tips to make them work for you

Cash is king and funding is the fuel on which a business runs. With the uncertainty caused...
Dangers of delaying the inevitable in business
18 July 2021 | Minutes to read: 2

Dangers of delaying the inevitable in business

COVID-19 has thrown a spanner in the works of succession plans for many Australian businesses. Uncertainty around...
Additional COVID-19 support announced for individuals across NSW
14 July 2021 | Minutes to read: 2

Additional COVID-19 support announced for individuals across NSW

Scott Morrison and Gladys Berejiklian have announced a raft of new support measures for the state of...
Increased COVID-19 relief and grants announced for NSW businesses
13 July 2021 | Minutes to read: 5

Increased COVID-19 relief and grants announced for NSW businesses

Scott Morrison, Gladys Berejiklian and Dominic Perrottet have jointly announced a raft of new support measures for...
Super changes from 1 July 2021: new laws and increased thresholds
13 July 2021 | Minutes to read: 4

Super changes from 1 July 2021: new laws and increased thresholds

From 1 July 2021, a raft of new superannuation laws were introduced including changes to key superannuation...
NSW Government’s 2021 COVID-19 Support Package announced
13 July 2021 | Minutes to read: 2

NSW Government’s 2021 COVID-19 Support Package announced

The NSW Government has announced a number of support measures to assist businesses in NSW affected by...
Home office expenses | Junior Doctors
12 July 2021 | Minutes to read: 6

Home office expenses | Junior Doctors

It’s time to take an in-depth look at tax deduction opportunities you may be missing – home...
Tax basics for junior doctors
12 July 2021 | Minutes to read: 2

Tax basics for junior doctors

Have you been confused by how the taxation system works in Australia? In this article, we are...
The ins and outs of tax returns
8 July 2021 | Minutes to read: 2

The ins and outs of tax returns

Each year, you are required to lodge your tax return with the ATO either by yourself or...
HELP debt explained
8 July 2021 | Minutes to read: 3

HELP debt explained

As junior doctors, most of you would have used a Higher Education Loan Program (HELP) loan to...
Child Care Subsidy – How much am I entitled to?
8 July 2021 | Minutes to read: 2

Child Care Subsidy – How much am I entitled to?

Returning to work when raising a child can be a challenging time.  Here, we help demystify when...
Risks for Australian EdTech exports to China and how to overcome them
2 July 2021 | Minutes to read: 3

Risks for Australian EdTech exports to China and how to overcome them

This article is part of an ongoing ‘Asia Pacific Insights Series’, co-authored by Vivi Chen, Cica Chen...
New R&DTI claims portal and application form – Here’s what you need to know
28 June 2021 | Minutes to read: 2

New R&DTI claims portal and application form – Here’s what you need to know

All R&D Applications for the year ending 30 June 2021 (FY21) and beyond will need to be...
Tips for preparing your tax information if you’ve been working in the Gig Economy
21 June 2021 | Minutes to read: 4

Tips for preparing your tax information if you’ve been working in the Gig Economy

Events of the last 12 months have seen many people change the way they work, with some...
Digital Transformation | 2021/22 Budget: What’s in it for my Australian Small Business?
21 June 2021 | Minutes to read: 4

Digital Transformation | 2021/22 Budget: What’s in it for my Australian Small Business?

With over $1 billion allocated to its Digital Economy Strategy in the recent Federal Budget announcement, the...
Indonesia’s digital health boom and the opportunities for Australian healthcare providers
17 June 2021 | Minutes to read: 3

Indonesia’s digital health boom and the opportunities for Australian healthcare providers

This article is part of an ongoing ‘Asia Pacific Insights Series’, co-authored by Elvina Tio, Sandy Lam...
Do employee share schemes work for private businesses?
16 June 2021 | Minutes to read: 4

Do employee share schemes work for private businesses?

Employee share schemes (ESS) are a great concept. They aim to align the interests of employees with...
New Director Identification Numbers to tackle illegal phoenixing
16 June 2021 | Minutes to read: 2

New Director Identification Numbers to tackle illegal phoenixing

All directors of Australian companies will be required, by 30 November 2022, to obtain a Director Identification...
Year-end strategies for reduced tax exposure and ongoing wealth accumulation
16 June 2021 | Minutes to read: 4

Year-end strategies for reduced tax exposure and ongoing wealth accumulation

Financial year end can be daunting, but rather than approaching it with disdain and visions of sky-high...
What’s ahead for China-Australia relations – The export opportunities for Australia businesses
9 June 2021 | Minutes to read: 3

What’s ahead for China-Australia relations – The export opportunities for Australia businesses

This article is part of an ongoing ‘Asia Pacific Insights Series’, co-authored by Spring Wu, Julie Hong,...
Victorian Government ‘Circuit Breaker’ Lockdown Business Assistance package
1 June 2021 | Minutes to read: < 1

Victorian Government ‘Circuit Breaker’ Lockdown Business Assistance package

Victoria has announced a new $250.7 million Circuit Breaker Business Support Package to assist 90,000 businesses affected by the seven-day circuit breaker...
The purpose of an audit: an explanation for those that require, or should seek, an audit
1 June 2021 | Minutes to read: 7

The purpose of an audit: an explanation for those that require, or should seek, an audit

This article will explain why organisations require audits, identify the legislation that enacts those audits, and detail...
SPFR Preparers: a plain language guide for what to expect under the new general-purpose financial reporting regime
1 June 2021 | Minutes to read: 4

SPFR Preparers: a plain language guide for what to expect under the new general-purpose financial reporting regime

Dear Special Purpose Financial Report Preparers – let me call you SPFRPs for short – it will...
Removal of Special Purpose Financial Statements for certain For-Profit entities
1 June 2021 | Minutes to read: 6

Removal of Special Purpose Financial Statements for certain For-Profit entities

In March 2020, the Australian Accounting Standards Board approved the issue of AASB 2020-2 Removal of Special Purpose Financial...
2021 year-end tax planning tips for medical specialists
31 May 2021 | Minutes to read: 4

2021 year-end tax planning tips for medical specialists

It is hard to believe that we are in June already, and with only four weeks until...
Federal Budget explained for medical specialists
28 May 2021 | Minutes to read: 4

Federal Budget explained for medical specialists

This article was first published on the LinkedIn Business Page of The Professional Medical Practice on the...
China’s growing EdTech market and opportunities for Australian tech exports
28 May 2021 | Minutes to read: 3

China’s growing EdTech market and opportunities for Australian tech exports

This article is part of an ongoing ‘Asia Pacific Insights Series’, co-authored by Vivi Chen, Cica Chen...
Not-for-profits entities and Australian charities and Not-for-profits Commission (ACNC)
27 May 2021 | Minutes to read: 3

Not-for-profits entities and Australian charities and Not-for-profits Commission (ACNC)

What is a not-for-profits entity? A not-for-profit entity, as its name suggests, is an organisation that does...
Return to normal, or thrive in COVID normal?
27 May 2021 | Minutes to read: 3

Return to normal, or thrive in COVID normal?

This article was originally published by AMTIL on the AMTIL website on 20 May 2021. There is...
Recent changes to legislation that will impact your 2021 tax planning
25 May 2021 | Minutes to read: 2

Recent changes to legislation that will impact your 2021 tax planning

It’s nearly the end of the financial year which means it’s time for businesses to prepare their...
Top 5 Superannuation Changes from 2021-22 Federal Budget Update
25 May 2021 | Minutes to read: 2

Top 5 Superannuation Changes from 2021-22 Federal Budget Update

This is a White Paper published by the SMSF Association As expected, this year’s Federal Budget has...
Further changes to Income Protection policies effective 1 October
25 May 2021 | Minutes to read: 2

Further changes to Income Protection policies effective 1 October

We recently communicated the upcoming changes to Income Protection proposed to take effect on 1 October 2021....
Governance & Compliance | May 2021
20 May 2021 | Minutes to read: 4

Governance & Compliance | May 2021

Breakthru back-pays more than $2.7m   Disability services provider Breakthru Ltd is back-paying employees more than $2.7 million...
NFP ACNC activities | May 2021
20 May 2021 | Minutes to read: 3

NFP ACNC activities | May 2021

ACNC releases new best-practice disclosures guide  ACNC’s new best-practice guide for charities reporting on government revenue they...
NFP Financial reporting insights | May 2021
20 May 2021 | Minutes to read: 3

NFP Financial reporting insights | May 2021

Increasing financial reporting thresholds for ACNC-registered charities The Council on Federal Financial Relations has asked that a framework...
Federal support for Australian innovation
20 May 2021 | Minutes to read: 3

Federal support for Australian innovation

With the 2021-2022 Federal Budget announced, companies involved in driving Australia’s innovation can start planning their future...
Managing aggressive patients – an employer’s moral and legal duty to their staff
18 May 2021 | Minutes to read: 3

Managing aggressive patients – an employer’s moral and legal duty to their staff

It is well documented that the Australian healthcare industry is not only the largest industry in Australia...
How does the 2021-22 Federal Budget support Victoria’s tech industry?
17 May 2021 | Minutes to read: 5

How does the 2021-22 Federal Budget support Victoria’s tech industry?

William Buck’s dedicated technology specialists have summarised the key items for Victorian Technology businesses in this year’s...
A practical guide to what the tech sector should do next after a B-budget
12 May 2021 | Minutes to read: 4

A practical guide to what the tech sector should do next after a B-budget

This article was first published by StartUp Daily on 12 May 2021. Now that the dust is...
Revisiting your risk profile
11 May 2021 | Minutes to read: 2

Revisiting your risk profile

It’s time – whether you’re just starting to build your portfolio or a sophisticated investor with extensive...
Federal Budget 2021-22 | Key policies at a glance
11 May 2021 | Minutes to read: 4

Federal Budget 2021-22 | Key policies at a glance

The 2021-22 Federal Budget has a focus on fiscal stimulus measures rather than austerity. In particular the...
Federal Budget 2021-22 | 5 take-outs for SMEs
10 May 2021 | Minutes to read: 3

Federal Budget 2021-22 | 5 take-outs for SMEs

1. Invest in capital assets Look at your planned capital expenditure. If your business needs to buy...
“Expect carnage” – new reporting requirements could cause mass exodus of AFSL licensees
7 May 2021 | Minutes to read: 2

“Expect carnage” – new reporting requirements could cause mass exodus of AFSL licensees

Commentary from Nicholas Benbow, Director Audit and Assurance at William Buck Accountants and Advisors AFSL licensees will...
How to maximise the value of your Tech exit
7 May 2021 | Minutes to read: 5

How to maximise the value of your Tech exit

Founders spend years growing their business and building something of value. When the time comes for an...
New reporting requirements likely to precipitate a major exodus of AFSL licensees
28 April 2021 | Minutes to read: 4

New reporting requirements likely to precipitate a major exodus of AFSL licensees

A lot has been made about the impact of the change in Australian company reporting requirements. This...
Revenue multiples for Aus tech companies 25% higher than US – can valuations hold?
26 April 2021 | Minutes to read: 6

Revenue multiples for Aus tech companies 25% higher than US – can valuations hold?

There has been much discussion recently around whether we are in another tech “bubble”. Unlike traditional businesses,...
CFO Priorities in 2021
26 April 2021 | Minutes to read: 3

CFO Priorities in 2021

This article was first published on 9 February 2021 on the Praxity website. CFOs face significant challenges...
The 4 Cs needed for smart decision making (DX)
26 April 2021 | Minutes to read: 3

The 4 Cs needed for smart decision making (DX)

Being future ready with smart effective decision making will be the defining characteristic of companies that thrive...
The real intangible assets for CFOs to focus on
25 April 2021 | Minutes to read: 4

The real intangible assets for CFOs to focus on

Every real CFO knows that the drivers of wealth creation in a business are its intangible assets....
Cybersecurity for SMEs
23 April 2021 | Minutes to read: < 1

Cybersecurity for SMEs

Cybersecurity has become a hot topic in recent times following some high profile cyber-attacks with major economic...
Digital Estate planning
23 April 2021 | Minutes to read: 4

Digital Estate planning

While not a lawyer, I still see the importance of educating my clients about estate planning as...
2021 China outlook: business and economic recovery
21 April 2021 | Minutes to read: 4

2021 China outlook: business and economic recovery

As economies begin to recover, we take a look at China’s activity and the big winners of...
What’s more dangerous: Diversification or Concentration and does it really matter?
11 April 2021 | Minutes to read: 3

What’s more dangerous: Diversification or Concentration and does it really matter?

Diversification is highly regarded but just how important is it when investing? While diversifying investments can reduce...
Modern Manufacturing Initiative grant – Recycling and Clean Energy
8 April 2021 | Minutes to read: 2

Modern Manufacturing Initiative grant – Recycling and Clean Energy

What is it? If you are undertaking a project to develop and commercialise new or improved products...
Modern Manufacturing Initiative grant – Defence
8 April 2021 | Minutes to read: 2

Modern Manufacturing Initiative grant – Defence

What is it? If you are undertaking a project to develop and commercialise new or improved products...
Modern Manufacturing Initiative grant – Food and Beverage
8 April 2021 | Minutes to read: < 1

Modern Manufacturing Initiative grant – Food and Beverage

What is it? If you are undertaking a project to develop and commercialise new or improved products...
How to structure the purchase of investment property
30 March 2021 | Minutes to read: 3

How to structure the purchase of investment property

When purchasing an investment property, or any investment asset for that matter, you should consider whether you...
Airbnb tax implications when renting out your property
30 March 2021 | Minutes to read: 2

Airbnb tax implications when renting out your property

The popularity of online accommodation booking websites has been exponential, especially in light of the restricted overseas...
Practical Compliance Guideline 2021/D2 – the allocation of professional firm profits
26 March 2021 | Minutes to read: 2

Practical Compliance Guideline 2021/D2 – the allocation of professional firm profits

The long-awaited update from the ATO on the allocation of profits for professionals has now been released...
Has your FBT exposure been impacted by COVID-19?
24 March 2021 | Minutes to read: 4

Has your FBT exposure been impacted by COVID-19?

Dealing with Fringe Benefits Tax (FBT) issues can be complicated at the best of times, however the...
The Corporate ‘Sell Out’?
23 March 2021 | Minutes to read: 4

The Corporate ‘Sell Out’?

A number of our larger medical client groups have recently been approached by “large corporates” and/or Private...
SME Recovery Loan Scheme expanded
23 March 2021 | Minutes to read: 2

SME Recovery Loan Scheme expanded

Latest Update 25 August | Federal Government has removed the requirement for SME’s to have received JobKeeper...
Long service leave obligations and COVID-19 – are you compliant? (NSW)
23 March 2021 | Minutes to read: 2

Long service leave obligations and COVID-19 – are you compliant? (NSW)

On 25 March 2020 temporary laws came into effect to create greater flexibility for employers and workers...
SME success strategies in the wake of a pandemic
22 March 2021 | Minutes to read: 3

SME success strategies in the wake of a pandemic

This article was first published by Inside Small Business on March 21. As Australia recovers from the...
What makes a Family Office investor different?
19 March 2021 | Minutes to read: 3

What makes a Family Office investor different?

Successful investors will often think and behave differently to most. This is particularly true when it comes...
Startup finance: Six tips to get it right
19 March 2021 | Minutes to read: 4

Startup finance: Six tips to get it right

For your startup to succeed, robust financial management is needed to help you clearly pinpoint how much...
Are you subject to the new Car Parking FBT changes?
17 March 2021 | Minutes to read: 4

Are you subject to the new Car Parking FBT changes?

As we edge closer to the end of the 2021 Fringe Benefits Tax (FBT) year on 31...
Sweeping reforms to Income Protection policies, effective October
17 March 2021 | Minutes to read: 2

Sweeping reforms to Income Protection policies, effective October

Income protection or salary continuance is a type of insurance policy that can provide coverage of up...
Cryptocurrency – be aware of your tax obligations
5 March 2021 | Minutes to read: 5

Cryptocurrency – be aware of your tax obligations

Cryptocurrency became part of our reality around 12 years ago and one of the main benefits of...
Governments grants and incentives – what’s on offer?
18 February 2021 | Minutes to read: 2

Governments grants and incentives – what’s on offer?

Grant funding is an excellent source of government support to help our clients get ahead, stay competitive,...
Unlocking finance support for growers and farmers
15 February 2021 | Minutes to read: 2

Unlocking finance support for growers and farmers

A year ago, the South Australian agri-sector was facing hot, dry and damaging conditions. Now, it’s managing...
ASIC bans send warning to directors
10 February 2021 | Minutes to read: 2

ASIC bans send warning to directors

The first few weeks of February 2021 saw the Australian Securities and Investments Commission (ASIC) disqualify three...
ASIC bans send warning to directors
10 February 2021 | Minutes to read: 2

ASIC bans send warning to directors

The first few weeks of February 2021 saw the Australian Securities and Investments Commission (ASIC) disqualify three...
A nice combination: simplifying the financial reporting process for IPO
8 February 2021 | Minutes to read: 3

A nice combination: simplifying the financial reporting process for IPO

It's obvious...and it isn't... You have built your business, firstly through bootstrapping it in its start-up phase...
Deconstructing the future of the Digital Economy: The Series
8 February 2021 | Minutes to read: 6

Deconstructing the future of the Digital Economy: The Series

It's reassuring to hear the Prime Minister's words recently that "Australian Digital Economy is crucial to jobs...
Remotely happy | Building confidence and trust from a distance
8 February 2021 | Minutes to read: 5

Remotely happy | Building confidence and trust from a distance

Do you trust your employees to work well from home? Trust is more important than ever as...
Conference, seminar and self – education expenses simplified
5 February 2021 | Minutes to read: 2

Conference, seminar and self – education expenses simplified

Have you ever wondered whether the costs of conferences, seminars, and efforts at self-education are deductible? And...
ATO Data Matching
5 February 2021 | Minutes to read: 2

ATO Data Matching

The Australian Tax Office is expanding its wings by beginning the process of collecting more data and...
Are you eligible for the new Business Events Grant?
3 February 2021 | Minutes to read: < 1

Are you eligible for the new Business Events Grant?

Eligible businesses can receive $10,000 in funding per application, up to a maximum of $250,000, as part...
Are you considering any growth or restructuring opportunities for your business? Are you looking to transform your business?
31 January 2021 | Minutes to read: < 1

Are you considering any growth or restructuring opportunities for your business? Are you looking to transform your business?

If so, you may want to consider engaging William Buck to assist now. There is currently a...
NFP ACNC Activities | January 2021
28 January 2021 | Minutes to read: 5

NFP ACNC Activities | January 2021

ACNC reports more than $195 million in revenue errors in 2018 The Australian Charities and Not-for-profits Commission...
NFP Financial Reporting | January 2021
28 January 2021 | Minutes to read: 4

NFP Financial Reporting | January 2021

New SPFS disclosures take effect Under AASB 2019-4 Amendments to Australian Accounting Standards – Disclosure in Special Purpose Financial...
NFP Governance and Compliance | January 2021
28 January 2021 | Minutes to read: 6

NFP Governance and Compliance | January 2021

Targeted funding critical for NFPs' survival The Australian Institute of Company Directors annual NFP Governance and Performance Studyreveals...
Family Office approach to investing
28 January 2021 | Minutes to read: 3

Family Office approach to investing

Every investor wants to build wealth in some form or another. It’s the approach and process that...
Top 10 actions to make your marketing data-driven
27 January 2021 | Minutes to read: 3

Top 10 actions to make your marketing data-driven

Personalise Your campaigns Big data and innovative analytics tools enable businesses to create highly targeted campaigns with...
How to supercharge your marketing with data
27 January 2021 | Minutes to read: 3

How to supercharge your marketing with data

In this day and age, there’s no excuse for not knowing what your customers want. Gone are...
The importance of internal controls
21 January 2021 | Minutes to read: 4

The importance of internal controls

What are internal controls? The easiest way to understand internal controls is to start by thinking about...
Philanthropy with impact
21 January 2021 | Minutes to read: 2

Philanthropy with impact

Philanthropy can be approached from all sorts of angles. Traditional approaches involve donating money to a chosen...
A nice combination: simplifying the financial reporting process for IPO
20 January 2021 | Minutes to read: 3

A nice combination: simplifying the financial reporting process for IPO

It’s obvious…and it isn’t… You have built your business, firstly through bootstrapping it in its start-up phase...
Remotely happy | Building confidence and trust from a distance
19 January 2021 | Minutes to read: 5

Remotely happy | Building confidence and trust from a distance

Do you trust your employees to work well from home? Trust is more important than ever as...
New process gives struggling business’s a chance at survival
19 January 2021 | Minutes to read: 3

New process gives struggling business’s a chance at survival

Reforms to Australia’s insolvency framework have now taken effect for eligible businesses with liabilities of less than...
Creating value through digital transformation
19 January 2021 | Minutes to read: 4

Creating value through digital transformation

Now is the perfect time for companies to truly commit to digital transformation. Businesses are continually facing...
Federal and Victorian state support for Australian Manufacturing
14 January 2021 | Minutes to read: 6

Federal and Victorian state support for Australian Manufacturing

Over the last 8-10 months, COVID-19 has crippled global supply chains, and while Australia is finally heading...
Assess your eligibility for the JobKeeper 2.0 payment scheme
13 January 2021 | Minutes to read: 3

Assess your eligibility for the JobKeeper 2.0 payment scheme

The start of the new year brought with it the second JobKeeper extension (the first having ended...
Accounting New Year’s Resolutions for 2021
13 January 2021 | Minutes to read: 4

Accounting New Year’s Resolutions for 2021

It’s that time of year when everyone seems to be making New Year’s resolutions. Often personal New...
Securing your family business longevity and legacy
6 December 2020 | Minutes to read: 2

Securing your family business longevity and legacy

One of the greatest business challenges for patriarchs and matriarchs is planning the transition of their family businesses to...
Marketing basics – A guide for beginners
3 December 2020 | Minutes to read: 3

Marketing basics – A guide for beginners

So you started your business and now you need to let people know you exist, and that...
Deconstructing the future of the Digital Economy: The Series
3 December 2020 | Minutes to read: 6

Deconstructing the future of the Digital Economy: The Series

It’s reassuring to hear the Prime Minister’s words recently that “Australian Digital Economy is crucial to jobs...
Are we really “all in this together”? – Victorian State versus Federal Budget agendas
29 November 2020 | Minutes to read: 4

Are we really “all in this together”? – Victorian State versus Federal Budget agendas

Shortly after the October Federal Budget was handed down, I wrote an article in which I asked...
The Victorian Budget – What it means for startup and tech companies
27 November 2020 | Minutes to read: 4

The Victorian Budget – What it means for startup and tech companies

As the Victorian state endeavours to get people back to work to combat the government’s COVID-19 induced...
How to invest during COVID-19
26 November 2020 | Minutes to read: 3

How to invest during COVID-19

During these uncertain times, it’s normal to feel nervous about your investments. However, it’s crucial during a...
Tax timing considerations for cashflow for a new business venture
25 November 2020 | Minutes to read: 4

Tax timing considerations for cashflow for a new business venture

One of the biggest changes in mindset when setting up a new business is that you are...
Why Business Continuity and Disaster Recovery Planning is imperative
24 November 2020 | Minutes to read: 3

Why Business Continuity and Disaster Recovery Planning is imperative

What is it all about? Disasters occur every so often and take us by surprise. It’s during...
Federal Budget 2020-21 & The Digital Economy
24 November 2020 | Minutes to read: 4

Federal Budget 2020-21 & The Digital Economy

Australian businesses have had to shift their mindsets and quickly adapt to changing circumstances as a result...
Why you should consider buying another business during the COVID-era
24 November 2020 | Minutes to read: 4

Why you should consider buying another business during the COVID-era

Why would you buy another business, let alone now? While the pandemic has brought about significant changes...
Futureproofing your business for the digital economy – a platform for sustainable growth
24 November 2020 | Minutes to read: 5

Futureproofing your business for the digital economy – a platform for sustainable growth

Exceptional circumstances cause infrastructure to be scaled up rapidly and the COVID-19 crisis resulted in massive levels...
Will Hong Kong be caught in the crossfire of trade wars?
23 November 2020 | Minutes to read: 4

Will Hong Kong be caught in the crossfire of trade wars?

I recently listened to Praxity’s latest podcast episode on the effects of COVID-19 on China. It was...
Take advantage of grants, subsidies and support
20 November 2020 | Minutes to read: 4

Take advantage of grants, subsidies and support

With so many grants up for grabs, you may not even realise that you’re eligible to apply....
NSW Budget 2020-21 | Key Highlights
17 November 2020 | Minutes to read: 2

NSW Budget 2020-21 | Key Highlights

Today, the Treasurer of NSW the Hon. Dominic Perrottet MP, released NSW’s much anticipated state budget for...
Adverse tax implications that arise from funding
15 November 2020 | Minutes to read: 3

Adverse tax implications that arise from funding

COVID-19 has had a significant impact on the Australian economy. However, some commercial measures that may be...
Telehealth and the new normal
10 November 2020 | Minutes to read: 3

Telehealth and the new normal

In response to the coronavirus pandemic, the Australian Government made temporary telehealth items available through Medicare to...
Investing in a family trust or superannuation
9 November 2020 | Minutes to read: 2

Investing in a family trust or superannuation

The decision to invest using a family trust or superannuation depends on an individual's circumstances and should...
Successful Manufacturing Modernisation Fund (MMF) Grant Application
5 November 2020 | Minutes to read: < 1

Successful Manufacturing Modernisation Fund (MMF) Grant Application

The client The company is a global market leader in battery powered end-to-end industrial sensors and IOT...
Manufacturing Modernisation Fund  – Are you ready for the next funding round?
5 November 2020 | Minutes to read: 2

Manufacturing Modernisation Fund – Are you ready for the next funding round?

What is it? The Australian government recently announced its new Modern Manufacturing Strategy, which will involve a...
What deductions can I claim against my investment property?
4 November 2020 | Minutes to read: 3

What deductions can I claim against my investment property?

Are you confused by the tax implications of expenses incurred on your investment property? Keep reading, as...
Superannuation contribution basics
4 November 2020 | Minutes to read: 2

Superannuation contribution basics

Do you tend not to think too much about superannuation because you are still young? Keeping an...
Investing in shares 101
4 November 2020 | Minutes to read: 2

Investing in shares 101

Investing in shares is one of the most popular ways to invest, especially for the younger workforce...
Taking advantage of tax-deductible catch-up payments to super
4 November 2020 | Minutes to read: 2

Taking advantage of tax-deductible catch-up payments to super

If you have not made use of the full $25,000 concessional (before tax) superannuation contribution cap, then...
NFP Governments | November
3 November 2020 | Minutes to read: < 1

NFP Governments | November

Fundraising reforms to aid Vic charities The Victorian government has passed Consumer Legislation Amendment Act 2019, which...
NFP Financial Reporting | November
3 November 2020 | Minutes to read: 2

NFP Financial Reporting | November

Wage underpayment FAQs Wages underpayment has become a pressing issue in the Australian economy.  Several large businesses...
NFP ACNC Activities | November
3 November 2020 | Minutes to read: < 1

NFP ACNC Activities | November

ACNC focuses on DGR reforms Reviewing deductible-gift-recipient reforms is a notable focus of the ACNC’s 2020-21 corporate...
NFP governance | November
3 November 2020 | Minutes to read: 4

NFP governance | November

COVID-governance report released The Australian Institute of Company Directors and the Governance Institute of Australia have released...
Governance Best Practice: Investment approaches for Australian charitable trusts
30 October 2020 | Minutes to read: 3

Governance Best Practice: Investment approaches for Australian charitable trusts

The best performing for-purpose Boards and Investment Committees (ICs) recognise their primary role is one of governance,...
Is your tech Start-up geared for the employee vs. contractor test in a new work-from-home world?
29 October 2020 | Minutes to read: 3

Is your tech Start-up geared for the employee vs. contractor test in a new work-from-home world?

At William Buck we see plenty of exciting new tech enterprises with a product morphing from idea,...
What are the benefits and costs of establishing a Family Office?
29 October 2020 | Minutes to read: 2

What are the benefits and costs of establishing a Family Office?

When making any significant financial decision in life it pays to undertake a detailed benefits and cost...
What is a Family Office and what does it do?
29 October 2020 | Minutes to read: 2

What is a Family Office and what does it do?

Traditionally, when we think of a Family Office, powerhouse business names like Rockefeller or Rothschild come to...
The financial mistakes health professionals make early in their career
28 October 2020 | Minutes to read: 2

The financial mistakes health professionals make early in their career

As advisors to a significant number of medical professionals, we often see these professionals make less than...
How might e-commerce businesses be impacted by GST
20 October 2020 | Minutes to read: 4

How might e-commerce businesses be impacted by GST

While there are many more interesting and fun aspects to consider when setting up an e-commerce business...
What does the increase in the super contribution age mean for me?
16 October 2020 | Minutes to read: 3

What does the increase in the super contribution age mean for me?

The Federal Budget for 2020/21, delivered on 6 October 2020 included surprisingly few changes regarding superannuation. Probably...
Six ways to make yourself a VC magnet
15 October 2020 | Minutes to read: 2

Six ways to make yourself a VC magnet

1 Demonstrate your laser focus Be more than a big idea. Show a disciplined approach to every...
How will the Federal Budget support Victoria’s technology industry?
13 October 2020 | Minutes to read: 3

How will the Federal Budget support Victoria’s technology industry?

Victoria’s technology and startup businesses play a key part in both the State and Federal economy. Victoria...
Will we really be “all in this together”? – State versus Federal Budget agendas
13 October 2020 | Minutes to read: 4

Will we really be “all in this together”? – State versus Federal Budget agendas

On Tuesday 6 October, the Federal Government handed down one of the most eagerly anticipated budgets in...
2020-21 Budget update – How it affects medical practices and practitioners
12 October 2020 | Minutes to read: 3

2020-21 Budget update – How it affects medical practices and practitioners

On 6 October 2020 the Federal Budget was handed down and there were no real surprises either...
97% of tax revenue comes from five taxes, let’s talk about the remaining 3%
8 October 2020 | Minutes to read: 2

97% of tax revenue comes from five taxes, let’s talk about the remaining 3%

In Australia, five taxes make up 97% of our tax revenue, so what are these five and...
Federal Budget 2020: five key focuses for SME business
6 October 2020 | Minutes to read: 3

Federal Budget 2020: five key focuses for SME business

Last night, the Federal Government announced more than $30 billion in tax cuts for business as part...
The Secret Seven – business basics that have stood the test of time
30 September 2020 | Minutes to read: 4

The Secret Seven – business basics that have stood the test of time

What does the ‘new normal’ mean for businesses operating in the digital realm? These tumultuous times have...
Further taxation challenges for the e-commerce industry
29 September 2020 | Minutes to read: 6

Further taxation challenges for the e-commerce industry

E-commerce is uncontestably a growing business model  which enables businesses to deal across borders. Most international business...
E-business residency: an Australian tax perspective
29 September 2020 | Minutes to read: 5

E-business residency: an Australian tax perspective

As the internet is global, businesses using it will typically become involved in international transactions and the...
Using offshore entities to avoid interest withholding tax
29 September 2020 | Minutes to read: 2

Using offshore entities to avoid interest withholding tax

The ATO is concerned with  arrangements using offshore related entities to facilitate the avoidance of interest withholding...
Re-appraising risk appetite, management and governance structures in the manufacturing sector in Australia
25 September 2020 | Minutes to read: 5

Re-appraising risk appetite, management and governance structures in the manufacturing sector in Australia

Heraclitus of Ephesus was an Ancient Greek, born in 535 BC; he was an influencer of Plato...
Canberra announces huge reforms to insolvency laws – here’s what we expect
24 September 2020 | Minutes to read: < 1

Canberra announces huge reforms to insolvency laws – here’s what we expect

Canberra has announced the most significant reforms to insolvency laws in decades, applicable for companies with debts...
Position your mid-market business to thrive post Covid-19
24 September 2020 | Minutes to read: 3

Position your mid-market business to thrive post Covid-19

A healthy and vibrant SME sector is vital to Australia’s economy, political system and culture. Yet, COVID-19...
The advantages of outsourcing parts of your business
24 September 2020 | Minutes to read: 3

The advantages of outsourcing parts of your business

The global outsourcing industry has grown exponentially over the years but continues to have a variable reputation....
Related Party Interest Free Loans
23 September 2020 | Minutes to read: 3

Related Party Interest Free Loans

Now that the ATO’s updated views in respect of interest free loans have been published (even if...
Treatment of light meals provided to doctors
22 September 2020 | Minutes to read: 3

Treatment of light meals provided to doctors

A question we are often asked by junior doctors is whether meals provided by their medical practice...
Work related clothing, laundry and dry cleaning expenses
22 September 2020 | Minutes to read: 2

Work related clothing, laundry and dry cleaning expenses

You may be entitled to claim deductions in relation to expenses you incur as an employee purchasing,...
Can I claim my travel costs when attending job interviews?
22 September 2020 | Minutes to read: < 1

Can I claim my travel costs when attending job interviews?

It is common for individuals to incur expenses while looking for a new job and attending interviews,...
Business Support Fund – Third Round now open for applications
22 September 2020 | Minutes to read: 2

Business Support Fund – Third Round now open for applications

Further to our update last week, the third round of the Victorian State Government - Business Support...
Update on payroll tax relief measures
15 September 2020 | Minutes to read: 4

Update on payroll tax relief measures

A number of payroll tax relief measures have been introduced and amended to alleviate the impacts of...
NSW duty and land tax surcharge changes – take action before December 2020
15 September 2020 | Minutes to read: < 1

NSW duty and land tax surcharge changes – take action before December 2020

If you’ve acquired residential property or are looking to acquire residential property through a discretionary trust, you...
New business support packages
15 September 2020 | Minutes to read: 3

New business support packages

On 13 and 14 September 2020 the Victorian Government announced a range of new measures to support...
Dr Insights – Secrets to a successful medical practice
15 September 2020 | Minutes to read: 3

Dr Insights – Secrets to a successful medical practice

COVID-19 has been a challenging time for everyone, particularly business owners, including those who are trying to...
When it comes time to think about selling your practice
14 September 2020 | Minutes to read: 4

When it comes time to think about selling your practice

It can be hard to know when to sell your practice. There may never actually be a...
Medicare audits and the implications for Doctors
14 September 2020 | Minutes to read: 3

Medicare audits and the implications for Doctors

Over the last three years, there’s been a large increase in the number of medical practitioners subjected...
Top tips on strategic planning during an economic downturn
14 September 2020 | Minutes to read: 5

Top tips on strategic planning during an economic downturn

2020 hasn’t gone to plan, but it’s not too late to revisit that plan, adapt it to...
Know your cashflow
14 September 2020 | Minutes to read: 4

Know your cashflow

I have been a financial consultant to businesses for many years and it always surprises me how...
Victoria offers further relief to car park owners and landlords with vacant property
11 September 2020 | Minutes to read: 2

Victoria offers further relief to car park owners and landlords with vacant property

Victorian Treasurer Tim Pallas has announced yesterday further assistance for Victorian landlords who are struggling with Victoria’s...
Federal Government Economic and Fiscal Update
10 September 2020 | Minutes to read: 3

Federal Government Economic and Fiscal Update

Treasurer Josh Frydenberg and Senator and Finance Minister Mathias Cormann today announced some unsurprising numbers as part...
Why every startup needs to get the accounting basics right
3 September 2020 | Minutes to read: 3

Why every startup needs to get the accounting basics right

The success of every business is based on the bottom line and startups are no exception. Your...
Government’s proposed R&D changes – key points to cut through the noise
27 August 2020 | Minutes to read: 3

Government’s proposed R&D changes – key points to cut through the noise

Earlier this week, the Senate inquiry’s report into the Government’s proposed cuts to the R&D tax incentive...
Outsourcing R&D Tax Incentive assistance to ensure your claim is eligible
26 August 2020 | Minutes to read: 2

Outsourcing R&D Tax Incentive assistance to ensure your claim is eligible

Many R&D Tax Incentive (RDTI) claimants are surprised to discover that successfully registering an R&D claim doesn’t...
The age of fast governance has arrived
25 August 2020 | Minutes to read: 5

The age of fast governance has arrived

Everyone's world has rapidly evolved in 2020 with the onset of COVID-19. Its impact has been extraordinary...
Accounting in the age of Technology – Lessons from the past
24 August 2020 | Minutes to read: 4

Accounting in the age of Technology – Lessons from the past

A fundamental driver for any business is the need to have accurate, timely and relevant information to...
Lessons from an income break and how to safeguard cashflow during a downturn
24 August 2020 | Minutes to read: 3

Lessons from an income break and how to safeguard cashflow during a downturn

Doctors and practices nationwide are suffering a variation in revenue due to a fall in the number...
Victoria announces extension on eviction ban and suspension of rental increases
21 August 2020 | Minutes to read: < 1

Victoria announces extension on eviction ban and suspension of rental increases

The Victorian Government has announced an extension on both the moratorium of evictions and suspension of rental...
Learning from lockdown: what can your company do better?
20 August 2020 | Minutes to read: 5

Learning from lockdown: what can your company do better?

This article was first published by Praxity Global Alliance on the 8 August 2020 As organisations seek...
Jobkeeper Payment eligibility changed – Take action now
19 August 2020 | Minutes to read: 3

Jobkeeper Payment eligibility changed – Take action now

If your business is accessing the JobKeeper Payments system, the rules around which employees are eligible have...
NFP ACNC Activities | August
17 August 2020 | Minutes to read: 3

NFP ACNC Activities | August

Release of The Australian Charities Report 2018 Australian charities’ revenue grew by more than 6 per cent...
NFP Governance | August
17 August 2020 | Minutes to read: < 1

NFP Governance | August

ATO helps NFPs to comply The Australian Taxation Office has compiled a list of online resources that...
NFP Financial reporting insights | August
17 August 2020 | Minutes to read: 4

NFP Financial reporting insights | August

Removal of special purpose financial statements for certain for-profit entities In March 2020 the AASB approved the...
NFP COVID-19 | August
17 August 2020 | Minutes to read: 5

NFP COVID-19 | August

ACNC | COVID19 website resource The Australian Charities and Not-for-profits Commission has recognised that a charity’s usual...
5% of ASX-listed companies delisted in 2019-20
4 August 2020 | Minutes to read: 5

5% of ASX-listed companies delisted in 2019-20

The clampdown on reverse listings and de-listings of long-suspended companies bites listed ASX shells for the year...
Victoria announces Stage 4 restrictions
4 August 2020 | Minutes to read: 2

Victoria announces Stage 4 restrictions

On 2 August 2020 Victorian Premier Dan Andrews announced a state of disaster for Victoria along with...
Why hiring a virtual CFO can be a game-changer
24 July 2020 | Minutes to read: 4

Why hiring a virtual CFO can be a game-changer

Given the time pressures of running a business, many startups and even SME’s, can only devote a...
9 common accounting mistakes of fast-growing startups – and how to avoid them
22 July 2020 | Minutes to read: 6

9 common accounting mistakes of fast-growing startups – and how to avoid them

Many startup founders become engrossed in their work and overlook the importance of prioritising their accounting processes....
M&A Valuations – Understanding the “Next Normal”
22 July 2020 | Minutes to read: 3

M&A Valuations – Understanding the “Next Normal”

We’ve heard it time and time again over the last few months, the world is entering a...
ATO focuses in on private company tax issues
22 July 2020 | Minutes to read: 2

ATO focuses in on private company tax issues

Larger private groups are about to come under even more scrutiny from the Australian Taxation Office (ATO)....
Why purpose has never been more important
16 July 2020 | Minutes to read: 2

Why purpose has never been more important

During the COVID-19 lockdown, I had a conversation with a CEO whose national education business had been...
The importance of developing a framework for digital innovation and transformation measures
6 July 2020 | Minutes to read: 4

The importance of developing a framework for digital innovation and transformation measures

Innovation and transformation have become ‘common place’ words and for many businesses, they’re  interchangeable. Transforming a business...
Take advantage of grants, subsidies and support
25 June 2020 | Minutes to read: 4

Take advantage of grants, subsidies and support

With so many grants up for grabs, you may not even realise that you’re eligible to apply....
Digital Transformation – What to consider
24 June 2020 | Minutes to read: 4

Digital Transformation – What to consider

For those following at home, you would know that my passion is helping clients achieve their goals....
Accessing the second Cashflow Boost
24 June 2020 | Minutes to read: 2

Accessing the second Cashflow Boost

It feels like only yesterday we were discussing the initial stimulus package from the Federal Government and...
Forecasting with a digital edge in digital age: A focus on algorithms and automation
24 June 2020 | Minutes to read: 5

Forecasting with a digital edge in digital age: A focus on algorithms and automation

Our digital hub followers would already be aware of my devoted passion for Big Data analytics and...
The importance of cash flow forecasting and ‘how to’ during COVID19 | Part 2
23 June 2020 | Minutes to read: 2

The importance of cash flow forecasting and ‘how to’ during COVID19 | Part 2

In this two-part series, William Buck Manager Business Advisory, Eric Flammang, provides his recommendations for monitoring and...
The importance of cash flow forecasting and ‘how to’ during COVID19 | Part 1
23 June 2020 | Minutes to read: 5

The importance of cash flow forecasting and ‘how to’ during COVID19 | Part 1

In this two-part series, William Buck Manager Business Advisory, Eric Flammang provides his recommendations for monitoring and...
The new business as usual: surviving and thriving in a new economic environment
23 June 2020 | Minutes to read: 5

The new business as usual: surviving and thriving in a new economic environment

This article was first published in the CFO Magazine on the 8 June When the 'recession we...
International tax in the time of COVID-19
19 June 2020 | Minutes to read: 4

International tax in the time of COVID-19

William Buck Tax Services Director Sharon Grice answers some questions commonly asked by her clients regarding international...
The journey of a tech company to IPO – June 2020
19 June 2020 | Minutes to read: 6

The journey of a tech company to IPO – June 2020

Is an Initial Public Offering (“IPO”) right for you? Assessing if an IPO is right for your...
Adversity Drives Innovation
12 June 2020 | Minutes to read: 3

Adversity Drives Innovation

A reflection on the Biotech Industry’s response to COVID-19 This month, the annual Biotechnology Innovation Organization (BIO)...
William Buck Restructuring & Insolvency completes sale of MyHouse retail business
10 June 2020 | Minutes to read: 2

William Buck Restructuring & Insolvency completes sale of MyHouse retail business

Michael Brereton and Sean Wengel, the administrators of MyHouse, have successfully completed the sale of the MyHouse...
How a Disaster Recovery Plan can help you adapt quicker
10 June 2020 | Minutes to read: 3

How a Disaster Recovery Plan can help you adapt quicker

The ability to return to ‘business as usual’ will be influenced by a number of factors including...
Significant Super SA Triple S Tax Saving Strategies
9 June 2020 | Minutes to read: 2

Significant Super SA Triple S Tax Saving Strategies

Super SA Triple S is the compulsory superannuation fund for many South Australian Government employees including health...
Scenario Planning – the COVID-19 Wake Up Call
3 June 2020 | Minutes to read: 2

Scenario Planning – the COVID-19 Wake Up Call

Many business owners are struggling with the effects the ‘invisible enemy’ is having on their enterprise. Those...
Is it time for a financial swab test?
2 June 2020 | Minutes to read: 3

Is it time for a financial swab test?

For many doctors, the thought of a health check of their practice and personal wealth can feel...
Tips to advance your financial position during COVID-19
2 June 2020 | Minutes to read: 3

Tips to advance your financial position during COVID-19

In this time of uncertainty, many practitioners will be wondering how they can manage their finances to...
Rebuilding your practice post COVID-19
2 June 2020 | Minutes to read: 3

Rebuilding your practice post COVID-19

Recent data from the Australian Bureau of Statistics has shown that 49% of all Australian businesses have...
What does the Rental Code mean for doctors
2 June 2020 | Minutes to read: 4

What does the Rental Code mean for doctors

The Code On 7 April 2020, the Federal Government announced a mandatory National Code of Conduct on...
30 June deadline remains for foreign residents to apply for the CGT main residence exemption
2 June 2020 | Minutes to read: 3

30 June deadline remains for foreign residents to apply for the CGT main residence exemption

Chinese translation available here. With EOFY tax deadlines looming and businesses preparing their routine reporting, it’s important...
Reskill & upskill – is your workforce ready for post COVID-19?
2 June 2020 | Minutes to read: 3

Reskill & upskill – is your workforce ready for post COVID-19?

The issue of ‘skills gap’ is not a new one for many industries. In light of the...
Employee leave entitlements – what’s different during COVID-19? Check now and save time later.
1 June 2020 | Minutes to read: < 1

Employee leave entitlements – what’s different during COVID-19? Check now and save time later.

As temporary measures were introduced and the Fair Work Act amended, employers were required to quickly make...
What can startups expect with venture capital (VC) funding?
1 June 2020 | Minutes to read: 5

What can startups expect with venture capital (VC) funding?

Should we look to China for hints as to what will happen with global VC? For our...
How manufacturers are pivoting in the ‘new normal’
22 May 2020 | Minutes to read: 2

How manufacturers are pivoting in the ‘new normal’

While most businesses are focused on how they can keep the lights on, a few sectors such...
COVID19: Some positive business impacts of a global pandemic and where to from here?
22 May 2020 | Minutes to read: 4

COVID19: Some positive business impacts of a global pandemic and where to from here?

This article was first published in the CFOMagzine on May 19 2020 For Grant Wilson's clients, the...
Not-for-Profit Boards – It’s time to rethink your model!
14 May 2020 | Minutes to read: 4

Not-for-Profit Boards – It’s time to rethink your model!

Thought leadership The best performing Boards and Investment Committees (ICs) recognise their primary role is one of...
Victoria passes COVID-19 land tax relief and commercial tenancy obligations
12 May 2020 | Minutes to read: 3

Victoria passes COVID-19 land tax relief and commercial tenancy obligations

On 1 May 2020, the Victorian Government passed the COVID-19 Omnibus (Emergency Measures) (Commercial Leases and Licences)...
Venture Capital in the wake of COVID-19
11 May 2020 | Minutes to read: 4

Venture Capital in the wake of COVID-19

As Australia begins to re-open in the wake of COVID-19, there’s much speculation about the economic impact...
Early access to superannuation: what are the risks?
11 May 2020 | Minutes to read: 3

Early access to superannuation: what are the risks?

We are experiencing challenging times and extreme levels of uncertainty at present and while Canberra’s early release...
Agricultural sector a source of confidence for South Australia in tough times
5 May 2020 | Minutes to read: 2

Agricultural sector a source of confidence for South Australia in tough times

For almost 75 years, advisory and accounting firm William Buck has been working with primary producers and...
NFP Financial reporting insights
4 May 2020 | Minutes to read: 3

NFP Financial reporting insights

New SPFS disclosures take effect   Under AASB 2019-4 Amendments to Australian Accounting Standards – Disclosure in Special...
NFP ACNC Activities | May
1 May 2020 | Minutes to read: 3

NFP ACNC Activities | May

Annual information statement extensions  The ACNC commissioner has granted a blanket extension to charities with a 2019...
NFP Governance | May
1 May 2020 | Minutes to read: 2

NFP Governance | May

NFP board remuneration  Chartered Accountants Australia and New Zealand has released Remunerating Not-for-profit Directors, which covers key...
NFP COVID-19 | May
1 May 2020 | Minutes to read: 5

NFP COVID-19 | May

Institute of Internal Auditors helpful tools The Institute of Internal Auditors helpful tools: Procurement Integrity (Probity) whitepaper...
Medical Industry COVID-19 FAQs
30 April 2020 | Minutes to read: 12

Medical Industry COVID-19 FAQs

Each William Buck office has a dedicated team specialising in the health industry. Working with over 1,600...
JobKeeper Program – Startup-specific issues and FAQ
29 April 2020 | Minutes to read: 4

JobKeeper Program – Startup-specific issues and FAQ

The JobKeeper program is the cornerstone of the Government’s COVID-19 economic response measures, with an estimated cost...
Everything startups need to know about the JobKeeper ‘alternative test’ to qualify
29 April 2020 | Minutes to read: 5

Everything startups need to know about the JobKeeper ‘alternative test’ to qualify

The article was first published in Startupdaily on the 28 April 2020. Ever since the Australian Government...
Data Analytics & E-commerce
29 April 2020 | Minutes to read: 5

Data Analytics & E-commerce

There is no denying e-commerce is transforming the way Australians do business. Many businesses dread the idea...
Cloud Computing & E-commerce
29 April 2020 | Minutes to read: 4

Cloud Computing & E-commerce

It is hard to think of two terms that have been used more frequently in the last...
Digital Readiness – Disruption, Transformation and Extinction
29 April 2020 | Minutes to read: 3

Digital Readiness – Disruption, Transformation and Extinction

The start of a new decade is always a good time to consider how to prepare your...
E-Commerce Contracts: An Australian Tax Perspective
29 April 2020 | Minutes to read: 6

E-Commerce Contracts: An Australian Tax Perspective

This article aims at understanding the application of contract law to Australian e-commerce transactions with a focus...
Can the construction industry drive the economic recovery from COVID-19?
29 April 2020 | Minutes to read: 3

Can the construction industry drive the economic recovery from COVID-19?

The property & construction industry has underpinned Australian economic growth for much of the 2000s. It is...
Federal Court approves William Buck’s application to extend MyHouse convening period
24 April 2020 | Minutes to read: < 1

Federal Court approves William Buck’s application to extend MyHouse convening period

William Buck Restructuring & Insolvency have obtained orders from the Federal Court to extend the convening period...
What startups need to do with their finances to survive the coronavirus
23 April 2020 | Minutes to read: 4

What startups need to do with their finances to survive the coronavirus

This information is current as of the publish date, however due to the evolving response to the...
Support in the eye of the COVID storm
22 April 2020 | Minutes to read: 4

Support in the eye of the COVID storm

This article was first published by Praxity on 9 April 2020 How do you focus on crisis...
Thriving Through Quarantine
22 April 2020 | Minutes to read: 3

Thriving Through Quarantine

As our country locks down and migrates indoors to flatten the curve, our consumer-based economy is suffering....
Choosing the right type of super fund
20 April 2020 | Minutes to read: 2

Choosing the right type of super fund

William Buck’s Wealth Advisory team are often asked by clients what type of super fund is the...
Some considerations for SMSF landlords providing rental relief during COVID-19
19 April 2020 | Minutes to read: 4

Some considerations for SMSF landlords providing rental relief during COVID-19

Recent developments due to COVID-19 have seen an array of rental reductions, waivers, and deferrals offered by...
Which sectors will be hardest hit by COVID-19?
14 April 2020 | Minutes to read: 2

Which sectors will be hardest hit by COVID-19?

COVID-19 has had a significant economic impact, the likes of which have not been witnessed for many...
SA Govt $10,000 Small Business emergency cash grant
10 April 2020 | Minutes to read: < 1

SA Govt $10,000 Small Business emergency cash grant

The South Australian grants apply to businesses with a payroll of less than $1.5 million, and not...
FAQs on JobKeeper Payment for Employers
10 April 2020 | Minutes to read: 17

FAQs on JobKeeper Payment for Employers

This information is current as of the publish date, however due to the evolving response to the...
Super Guarantee Amnesty – take action now!
9 April 2020 | Minutes to read: 3

Super Guarantee Amnesty – take action now!

Given the Government’s recent announcement that many employees will be eligible to access up to $20,000 of...
Federal Government releases commercial tenancies code of conduct
9 April 2020 | Minutes to read: 4

Federal Government releases commercial tenancies code of conduct

On Tuesday 7 April, the Federal Government released another announcement in response to COVID-19, the Commercial Tenancies...
The six-month safety net for directors – is it a free pass?
7 April 2020 | Minutes to read: 3

The six-month safety net for directors – is it a free pass?

As part of the Government’s response to COVID-19, company directors now have a six-month relief from any...
COVID-19 economic response measures and how they will assist SGEs
6 April 2020 | Minutes to read: 4

COVID-19 economic response measures and how they will assist SGEs

If you are operating a significant global entity (SGE) which is being impacted negatively by the implications...
COVID-19 & Life Insurance – can I claim?
6 April 2020 | Minutes to read: < 1

COVID-19 & Life Insurance – can I claim?

Here at William Buck, we’ve received a number of queries from clients asking whether their insurance policies...
COVID-19 | Business hibernation strategies
6 April 2020 | Minutes to read: 4

COVID-19 | Business hibernation strategies

Businesses around the world are finding themselves in unchartered waters. COVID-19 is having an unprecedented effect on...
NZ Government makes changes to Wage Subsidy scheme to keep workers in jobs
31 March 2020 | Minutes to read: 2

NZ Government makes changes to Wage Subsidy scheme to keep workers in jobs

Effective 27 March, modifications to the Wage Subsidy Scheme will apply to ensure people don’t lose their...
How CFOs can proactively respond to the COVID-19 crisis
31 March 2020 | Minutes to read: 5

How CFOs can proactively respond to the COVID-19 crisis

Coronavirus is a reality that, in 2020, is directly affecting us all. How potentially devastating could Coronavirus...
NZ announces further assistance with wage subsidies, mortgages and business finance
29 March 2020 | Minutes to read: 2

NZ announces further assistance with wage subsidies, mortgages and business finance

Wage subsidies Following this week’s Government announcement, wage subsidies will now be available for all employers that...
No business is immune to COVID-19: practical tips for your business during a global emergency
27 March 2020 | Minutes to read: 6

No business is immune to COVID-19: practical tips for your business during a global emergency

This information is current as of the publish date, however due to the evolving response to the...
Urgent expressions of interest | MyHouse
24 March 2020 | Minutes to read: < 1

Urgent expressions of interest | MyHouse

MyHouse (Aust) Pty Limited (Administrators Appointed) "MyHouse" Michael Brereton and Sean Wengel as administrators of MyHouse seek...
Canberra announces early access to super as part of COVID-19 ‘Safety Net’
23 March 2020 | Minutes to read: 2

Canberra announces early access to super as part of COVID-19 ‘Safety Net’

Canberra has announced changes that have the potential to affect all superannuation fund members as part of...
Victorian Government’s Economic Survival Package – What it means for you
23 March 2020 | Minutes to read: 5

Victorian Government’s Economic Survival Package – What it means for you

This information is current as of the publish date, however due to the evolving response to the...
No business is immune to COVID-19: practical tips for your business during a global emergency
19 March 2020 | Minutes to read: 6

No business is immune to COVID-19: practical tips for your business during a global emergency

This information is current as of the publish date, however due to the evolving response to the...
How NZ’s COVID-19 stimulus can boost your cash flow and provide necessary relief
19 March 2020 | Minutes to read: 4

How NZ’s COVID-19 stimulus can boost your cash flow and provide necessary relief

This information is current as of the publish date, however due to the evolving response to the...
New Zealand pledges $8.7b for business assistance
18 March 2020 | Minutes to read: 2

New Zealand pledges $8.7b for business assistance

This information is current as of the publish date, however due to the evolving response to the...
SMEs need more Government support to survive Coronavirus impact
18 March 2020 | Minutes to read: 2

SMEs need more Government support to survive Coronavirus impact

This information is current as of the publish date, however due to the evolving response to the...
NSW pledges $1.6b for business assistance
17 March 2020 | Minutes to read: 2

NSW pledges $1.6b for business assistance

This information is current as of the publish date, however due to the evolving response to the...
COVID-19 and Business | The challenges and opportunities when operating in a pandemic
16 March 2020 | Minutes to read: 3

COVID-19 and Business | The challenges and opportunities when operating in a pandemic

This information is current as of the publish date, however due to the evolving response to the...
Ultra-high net worth wealth management is a key growth area for William Buck SA
13 March 2020 | Minutes to read: < 1

Ultra-high net worth wealth management is a key growth area for William Buck SA

Ultra-high net worth is the fastest growing part of William Buck South Australia’s Wealth Advisory business, according...
Coronavirus Stimulus pledges $8.7bn for business assistance
12 March 2020 | Minutes to read: 2

Coronavirus Stimulus pledges $8.7bn for business assistance

This information is current as of the publish date, however due to the evolving response to the...
How to attract VC investment – from the VCs
12 March 2020 | Minutes to read: 3

How to attract VC investment – from the VCs

As part of the 2019 Spark Festival, William Buck hosted "Beyond Series A and B – What...
There’s something about Data – A framework for data governance
12 March 2020 | Minutes to read: 3

There’s something about Data – A framework for data governance

As the world awakes to more news each day about COVID-19, businesses are focused on sustaining operations...
Personal Services Income (PSI) – Does it apply to your structure? – Part 1
3 March 2020 | Minutes to read: 5

Personal Services Income (PSI) – Does it apply to your structure? – Part 1

One of the most common questions we hear is ‘how can I reduce my tax?’. Most people...
Insolvent Trading: the consequences for directors
3 March 2020 | Minutes to read: 3

Insolvent Trading: the consequences for directors

It is widely considered that Australia’s insolvent trading laws are draconian compared to many of our major...
Sharing economy: Tax Risks for Australian short-stay Hosts
3 March 2020 | Minutes to read: 3

Sharing economy: Tax Risks for Australian short-stay Hosts

Over the summer holiday break, you or someone you know may have rented out part of/all their...
Early Stage Innovation Company Tax Incentives – Part II: Common Traps to Avoid
3 March 2020 | Minutes to read: 4

Early Stage Innovation Company Tax Incentives – Part II: Common Traps to Avoid

This article continues our discussion about the Early Stage Innovation Company Tax Incentives. You can read Part...
Early Stage Innovation Company Tax Incentives – Part I: The Basics and Practical Issues
3 March 2020 | Minutes to read: 3

Early Stage Innovation Company Tax Incentives – Part I: The Basics and Practical Issues

The Early Stage Innovation Company (ESIC) Tax Incentives have been available to certain investors into qualifying investments...
William Buck’s Healthcare Innovation Lunch facilitates important conversation on medicinal cannabis
2 March 2020 | Minutes to read: 4

William Buck’s Healthcare Innovation Lunch facilitates important conversation on medicinal cannabis

Better access to low cost, high quality medicinal cannabis will improve our health, and the Federal Government...
Managing your taxes as a self-employed practitioner
2 March 2020 | Minutes to read: 3

Managing your taxes as a self-employed practitioner

Starting in private practice provides various new obstacles, one of which is managing your own taxes. Do...
Achieving company growth through the R&D Tax Incentive
24 February 2020 | Minutes to read: 3

Achieving company growth through the R&D Tax Incentive

A key driver of company growth is innovation which is fuelled from undertaking Research & Development (R&D)....
Update on the $1.7m Total Super Balance & Transfer Balance Cap
17 February 2020 | Minutes to read: 2

Update on the $1.7m Total Super Balance & Transfer Balance Cap

Australia’s $1.6m Total Superannuation Balance and Transfer Balance Cap are expected to increase to $1.7m on 1...
Mastering client centricity
16 February 2020 | Minutes to read: 3

Mastering client centricity

Note: An extended version of this article was first published on Praxity’s Hub Light Putting customers first...
How to attract VC investment – From the VCs
3 February 2020 | Minutes to read: 3

How to attract VC investment – From the VCs

As part of the 2019 Spark Festival, William Buck hosted “Beyond Series A and B – What...
5 ways to determine if your tech business is optimally structured
17 January 2020 | Minutes to read: 5

5 ways to determine if your tech business is optimally structured

Many tech businesses and startups tend to begin their life as one or more founder’s passion to...
When is a trustee’s work done? A registered trustee’s perspective
20 December 2019 | Minutes to read: 4

When is a trustee’s work done? A registered trustee’s perspective

This article was originally published in the Australian Financial Security Authority PIR Newsletter on 4 December, 2019...
Proposed changes to the R&D Tax Incentive
12 December 2019 | Minutes to read: 3

Proposed changes to the R&D Tax Incentive

On 5 December 2019, the Treasury Laws Amendment (Research and Development Tax Incentive) Bill 2019 was introduced...
Why Governance is the New Black for CFOs
10 December 2019 | Minutes to read: 4

Why Governance is the New Black for CFOs

Being popular or trendy is not what people expect of CFOs. Being serious, conservative, forward-looking and considered...
Four tips to secure adequate cash flow for your startup
9 December 2019 | Minutes to read: 3

Four tips to secure adequate cash flow for your startup

Four in ten startups fail in the first five years of business. CB Insights recently dug into...
2014-2020 – Trends in venture capital and M&A activity in Australia
29 November 2019 | Minutes to read: 3

2014-2020 – Trends in venture capital and M&A activity in Australia

In early 2020 William Buck will release its updated venture capital (VC) and mergers and acquisitions (M&A)...
Australian Manufacturing: Endangered or just vulnerable
29 November 2019 | Minutes to read: 4

Australian Manufacturing: Endangered or just vulnerable

The International Union for Conservation of Nature (IUCN) recognises the conservation status of threatened species under three...
How the Hayne Royal Commission findings could impact your manufacturing business
29 November 2019 | Minutes to read: 4

How the Hayne Royal Commission findings could impact your manufacturing business

This article was originally published in AMTIL's AMT August/September 2019 edition here. The great privilege of being...
With great ‘creditor’ power comes great ‘external administrator’ responsibility
25 November 2019 | Minutes to read: 3

With great ‘creditor’ power comes great ‘external administrator’ responsibility

Over two years ago, on 1 September 2017, new powers were granted to creditors in external administrations....
Succession planning – realising the wealth of your business
13 November 2019 | Minutes to read: 3

Succession planning – realising the wealth of your business

Without a succession plan in place or clear direction, you’re missing out on opportunities to drive growth,...
Are you ready for practice ownership?
11 November 2019 | Minutes to read: 3

Are you ready for practice ownership?

Taking the step to owning a practice is both exciting, daunting and many other emotions all at...
5 tips for structuring (and restructuring) startups
28 October 2019 | Minutes to read: 4

5 tips for structuring (and restructuring) startups

“I wish I did that to begin with”. Too often we hear those words from founders looking...
Don’t underestimate the implications of AASB 16 leases
11 October 2019 | Minutes to read: 3

Don’t underestimate the implications of AASB 16 leases

Since the new leases standard – AASB 16 – came into effect earlier this year, it’s presented...
Pricing of international related party product distribution arrangements
8 October 2019 | Minutes to read: 2

Pricing of international related party product distribution arrangements

If you’re an Australian distributor for a related foreign manufacturer then now’s the time to consider and...
5 tips to maximise SaaS customer renewal rate
3 October 2019 | Minutes to read: 4

5 tips to maximise SaaS customer renewal rate

How well do you know your customer renewal rate? Also referenced as the ‘Customer Retention Rate’, this...
New manufacturing grant open for SMEs
19 September 2019 | Minutes to read: 3

New manufacturing grant open for SMEs

Are you a small or medium manufacturing company looking to invest in capital equipment and new technologies...
Positive full federal court ruling for companies accessing the Australian R&D tax incentive program
18 September 2019 | Minutes to read: 2

Positive full federal court ruling for companies accessing the Australian R&D tax incentive program

Companies accessing the Australian Research and Development (R&D) Tax Incentive program can now do so with more...
What should the regulators role be when it comes to super funds?
17 September 2019 | Minutes to read: 4

What should the regulators role be when it comes to super funds?

Since the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry, there’s been a...
Are you ready to list?
17 September 2019 | Minutes to read: 4

Are you ready to list?

By Lisa Schutz, Founder, Verifier. This article first appeared in Smart Company ‘Five critical questions: Are you...
Aussies in these 32 super funds could be $200,000 worse off by retirement
10 September 2019 | Minutes to read: 2

Aussies in these 32 super funds could be $200,000 worse off by retirement

A common question asked when it comes to superannuation funds is: What performance can you achieve? Before...
Important Queensland land tax update
9 September 2019 | Minutes to read: 3

Important Queensland land tax update

When considering tax and property investing, many people will tend to consider negative gearing and capital gains...
William Buck expands R&D grants and incentives services for South Australia businesses
9 September 2019 | Minutes to read: 2

William Buck expands R&D grants and incentives services for South Australia businesses

Accounting and Business Advisory firm William Buck is bolstering its support of local SMEs undertaking Research &...
Superannuation update August 2019
19 August 2019 | Minutes to read: 2

Superannuation update August 2019

With the federal election well and truly passed and parliamentary sittings back on, you’re probably wondering on...
The CFOs ’20-20 vision’
19 August 2019 | Minutes to read: 3

The CFOs ’20-20 vision’

The business environment of the past decade or so, has positioned the CFO to be in the...
The human factor in an IPO
19 August 2019 | Minutes to read: 4

The human factor in an IPO

The CFO is the champion when it comes to preparing an IPO - driving the financials, systems...
Three powerful strategies for de-risking digital transformations
19 August 2019 | Minutes to read: 3

Three powerful strategies for de-risking digital transformations

Imagine for a moment your house is to undergo a major renovation - a complete rebuild that,...
Breaking the cycle of illegal phoenix trading
19 August 2019 | Minutes to read: 3

Breaking the cycle of illegal phoenix trading

This article first appeared in The Daily Telegraph ‘Two strikes and you're out rule could end repeat...
Important changes to lease agreements
14 August 2019 | Minutes to read: 3

Important changes to lease agreements

Do you work in a finance team, sit on a Board, or are you a business owner?...
Igniting a spark: William Buck announce Spark Festival sponsorship
14 August 2019 | Minutes to read: 2

Igniting a spark: William Buck announce Spark Festival sponsorship

Commentary from Jack Qi, Director of Tax Services at William Buck and Maxine Sherrin, Program Director, Spark...
The Business SA June quarter survey results; opinion
6 August 2019 | Minutes to read: 2

The Business SA June quarter survey results; opinion

First appeared in The Advertiser on 6/8/2019 Uncertainty around the federal election result had an impact earlier...
5 common mistakes to avoid for your employee share scheme
5 August 2019 | Minutes to read: 3

5 common mistakes to avoid for your employee share scheme

By Director of Tax Services Jack Qi and Manager Alex Zinzopoulos It’s fair to say that creating and maintaining an...
How to nail your startup employee share scheme in 5 steps
5 August 2019 | Minutes to read: 4

How to nail your startup employee share scheme in 5 steps

By Director of Tax Services Jack Qi and Manager Alex Zinzopoulos Given the critical importance of attracting, retaining and incentivising...
The Tao (‘DOW’) of transformation
2 August 2019 | Minutes to read: 4

The Tao (‘DOW’) of transformation

"There is a whole new world coming, and this world of change is coming at an unprecedented...
Critical business issues facing practices now
18 July 2019 | Minutes to read: 4

Critical business issues facing practices now

As experts in the business side of medicine, we understand that time-poor practice owners tend to neglect...
Homeward bound: why global manufacturers are re-evaluating their ‘shoring’ decisions
17 July 2019 | Minutes to read: 7

Homeward bound: why global manufacturers are re-evaluating their ‘shoring’ decisions

This article first appeared in Praxity’s Hub Lite In the last few decades, China has been considered...
Living expenses and the lending landscape
11 July 2019 | Minutes to read: 4

Living expenses and the lending landscape

By Malcolm Anderson The recent Financial Services Royal Commission has certainly shaken up the finance industry. One...
Is your Financial Reporting up to standard?
11 July 2019 | Minutes to read: 3

Is your Financial Reporting up to standard?

The William Buck Financial Reporting series has wrapped up for the year, providing finance professionals with the...
R&D tax incentive – what software companies must do from here
3 July 2019 | Minutes to read: