Despite not being completely sure how this will impact hiring or support for those over the grand age of 36, the Senate committee has recommended the JobMaker Hiring Credit legislation be passed. What is it aiming to do? The JobMaker Hiring Credit aims to support businesses creating jobs for young people. More specifically for those who [...]
Job creation is the name of the game in the Federal Governments recently announced JobMaker scheme and in particular their ‘Boosting Apprenticeship Commencement’ wage subsidy. From JobMaker Hiring Credits to wage subsidies for trainees and apprentices, the two key questions to consider for businesses are: Am I looking to take on more staff? Can those [...]
We may think we will be in charge of our business forever but the truth is that one day we are going to have to step back and hand the keys over to someone else. Succession planning is the process of identifying and developing new leaders for when you leave the business to ensure that [...]
The Planning Starts Now As restrictions are easing in WA, we can see a glimpse of economic hope. It’s now time for businesses to prepare for the end of Government measures; including rent or loan relief and JobKeeper payments. From our DFK ANZ COVID-19 Business Indicators report, we found that 87% of respondents intend to [...]
Originally announced in March 2020, the instant asset write-off threshold increased to $150,000 and has now been extended until 31 December 2020. Initially, the increased threshold was intended to run until 30 June 2020, and allowed eligible businesses with a turn-over of less than $500 million to claim an immediate tax deduction for assets, where the [...]
