Small Business Planning ? 3 Myths

It’s estimated that up to 70% of SME owners don’t have a formal strategic plan. That means they have little idea where they are headed, change priorities constantly, have confused their employees about the purpose of their jobs and are…

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Survival and Prosperity in Tough Times – Practical Tips

It is essential to maintain a positive, can-do attitude and this is not always easy when the daily media, government and social chat are preoccupied with the latest bad news involving employment, company collapses and so on. Here are some practical tips for your business …

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30% Investment Allowance

On 3 February 2009 the Treasurer stated that the previously announced 10% investment allowance would be replaced with a rate of 30%.

This tax initiative to encourage capital investment in Australian businesses and create jobs during the global financial crisis may be of interest to you in your business.

The investment allowance provides business taxpayers with an additional deduction of 30% for eligible depreciating assets acquired by 30 June 2009 and installed ready for use by 30 June 2010.

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