Australian Consumer Law Changes

Australian Consumer Law Changes

Changes to the Australian Consumer Law (ACL) from July 2021 – do they affect your business? The financial threshold definition of a consumer within this law will increase from $40,000 to $100,000. The law change means that businesses that sell goods or services with a...
The importance of tax planning for directors

The importance of tax planning for directors

Paying tax is something you’re likely to see as a necessary (but not hugely enjoyable) part of running your business. But are you doing enough to plan your own personal tax liabilities? As a director, you’ll pay your income tax annually on a self-assessment basis. But...
What is employee engagement and why does it matter?

What is employee engagement and why does it matter?

An engaged employee is a team member who is fully absorbed by and enthusiastic about their work, and who takes positive action to further a company’s reputation and interests and achieve their goals. More importantly, what does a disengaged team member look like? The...
Dividends and paying yourself as a director

Dividends and paying yourself as a director

As the director in a limited company, dividend payments are the usual way for you to take money out of the company – and see a financial return on your investment into the company. Dividends are payments made to the company’s shareholders when the business has made a...