COVID-19: Updated summary of government support available to small business

COVID financial updates

As the COVID-19 pandemic unfolds each and every day, Australian governments at every level are announcing support for small businesses to keep them afloat during these unprecedented and challenging times. We encourage you to come and speak to your Arabon accountant so they can assist you to translate and navigate what measures your business is […]

Devastating Binna Burra Lodge fires highlight the importance of disaster planning

Business recovery

Following this month’s devastating bushfires that tore through the Lamington National Park and left nothing more than ashes of the many of the historic Binna Burra Lodge buildings, hope prevails for those closest to the landmark establishment. While humans rarely have any control over the onset and impact of natural disasters on their property, there […]

Single Touch Payroll and Employment Law Updates 2019

Single Touch Payroll

The world of employment law is constantly evolving and ever-changing.  This year alone has seen the compulsory introduction of Single Touch Payroll and a number of very important employment law updates.  If you take your eyes off the ball, it’s likely you will miss something and may find yourself and your business in trouble with […]

Reducing the financial risk of launching a new business

Financial risk management

There’s no doubt that starting a new business has risks.  While it may be tempting to remain positive and ignore them, you need to know how to reduce the financial risks when launching a new business. Risk management is the process of identifying and assessing risks and developing strategies to mitigate them. A risk management […]

COVID-19: Prepare your Small Business – Identify Key Risks

Small business planning

The first step in preparing your small business’ COVID-19 plan is to identify potential risks to your business. Understanding the scope of possible risks will help you develop realistic, cost-effective strategies for dealing with them and a timeline for their implementation. Ways of identifying risk Review your business plan and think about what you couldn’t […]

How to access the COVID-19 Disaster Payment Queensland

COVID business support

If you were unable to work during Queensland’s most recent lockdown, you may be eligible to receive the COVID-19 Disaster Payment Queensland.  This is a lump-sum payment for eligible people who lost work and income while the public health order was in place between 31 July and 8 August 2021. Who is eligible to receive […]

Applications for the new Director ID number open November 2021

Director ID Australia

Earlier this year, we wrote an article about what you need to know about the new Director ID Number.  A director identification number (director ID) is a unique identifier you need to apply for once and will keep forever. It will help prevent the use of false or fraudulent director identities. Let’s recap the new […]

The Tax Commissioner’s Hit List

Tax compliance Australia

Every so often the Australian Taxation Office (ATO) sends a ‘shot across the bow’ warning taxpayers where their gaze is focused. Last month in a speech to the National Press Club, Tax Commissioner Chris Jordan did exactly that. Part of the reason for this public outing is the gap between the amount of tax the […]

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