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PeterFarrell

Invoicing e-volves

By Business Loan Help, News
Ready or not, here comes e-invoicing! The problem with e-invoicing is a lot of businesses haven't heard of it, and those that have, often misunderstand it. It's one of the reasons the Australian Tax Office is launching the first e-invoicing week from August 15-21 to raise awareness among business owners…
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Subscribe And Like

By Business Loan Help, News
Why all businesses should consider the subscription megatrend. The subscription business model is exploding and it's no longer just the domain of streaming services or cheese-of-the-month clubs. Businesses from coffee shops to law firms and even airlines are jumping aboard monthly payment plans. Could it be an avenue for your…
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Train To Beat The Drain

By Business Loan Help, News
Struggling to find qualified staff? Why not upskill the ones you have? The answer to the skills shortage could be under your nose. Here are five reasons this financial year is the perfect time to invest in staff training... 1. The pay-off is literal: Training isn't an expense; it's an…
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Good News for Brokers on Hardship Reforms

By News
Financial hardship reforms have now been implemented as of the commencement of the new financial year. This means financial hardship arrangements shall now be reflected on your client’s credit reports allowing lenders further insight into your client's creditworthiness. The new reforms will allow mortgage brokers to be further informed regarding…
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Are You Eligible for a Tax Offset?

By News
As part of the 2022 Federal Budget, the government announced a one-off $420 ‘cost of living tax offset’ for 2021-22, which effectively increases the maximum offset for the Low and Middle Income Tax Offset (LMITO) from $1,080 to $1,500. The table below shows the value of tax relief from the…
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EOFY – Tips for Tax Time

By News
Wow, it’s nearly the end of the tax year for 2021 – 2022, and this can only mean one thing; it’s almost time to lodge your tax return! Before you do, here’s a few things to consider… The ATO recently announced that there would be four focus areas on their…
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