business
This is a pre-election budget for the people with everyone getting a little something to ease cost of living pressures. Like the Price is Right gameshow, it will all come down to the price paid at the checkout. If the... Read more
The Australian Taxation Office (ATO) has implemented a new agent nomination process to enhance security and ensure that only authorised tax agents, BAS agents and payroll service providers can access your accounts and manage your tax affairs effectively. This process... Read more
As trusted advisors to businesses, we at 542 Partners closely collaborate with legal experts like Nick Noonan from Henry William Lawyers. Nick recently shared his insights on the implications of the Fair Work Legislation Amendment (Closing Loopholes No. 2) Bill... Read more
Welcome to part 3 of our 4-part video series, arming you with the tools you need to prepare your business for life after COVID. In this part we look to the year ahead for businesses, and discuss the connection between efficiency... Read more
One in two Australian’s will need to claim for critical illness during their working life, but many don’t have the right insurances in place to cover both their business and their family. Income and life protection are much more... Read more
As the ATO moves to become digitalised, businesses can now access the ATO’s Business Portal. The Business Portal is a safe, secure website where you can manage your business tax affairs to: View past and yet to be lodged Business... Read more
Getting the right business structure in place is one of the most important business decisions you can make throughout your business lifecycle. Unfortunately, without the right business advice it can be an easy mistake to get your business structuring... Read more
New year, new (business) you? We hear you! Whether you’re just starting out or growing your business, doing better business for the New Year is a top priority. In our experience we’ve found the difference between a good start... Read more
An entrepreneur lives for the struggle of launching their business. But an often forgotten fact is; decisions made in the beginning can have implications well into the future of the business. As it turns out, once you build the business... Read more
“Too much cash isn’t always a good thing”. It sounds impossible. Improbable. Incomprehensible. Especially for an accountant to say. Businesses love cash, but is there such a thing as having too much? While it may seem counterintuitive to ‘suffer’ from... Read more