Episode 12 - 2020 Federal Budget Update

Key dates and details around the second tranche of JobKeeper including the eligibility details and what is with this two teired system.

your quick hit summary of the budget and whats in it for individuals and small businesses.

Sam and Todd discuss the lay of the land for Tax Season 2020, Fair Work pay increases and the importance of keeping on top of your debtors and overall financial situation.  Also a bit of a legislative update on testamentary trusts, instant asset write off and Div7A

Finally the Code of Conduct for Commercial Tenancies is passed in QLD.  Sam outlines the do's and do-not's. Todd talks tax planning 2020 and being kind to your Accountant and we explore that unusual casual worker case...

Since the last episode we've had the announcements of both the JobKeeper package and the residential and commercial rental relief guidelines.  Todd and Sam unpack all the details and discuss some of the practical implications

Coronavirus is making its way through Australia, but what does that mean for small business? What are the implications of the Governments Economic Response? Todd and Sam break it all down and run through the tax measures, changes to the insolvency provisions, discuss employees and talking about how the Banks are trying to undo a decade of working towards automation.

With the help of special guest and design extraordinaire Travis Farley, we ask and attempt to answer the age old question, "whats in a brand?"

We discuss the different types of structures from which a business can be run and attempt to answer the age old question.... what structure is right for you??

Todd & Sam chat about matters small business should be thinking about leading up to the end of financial year.  Tax strategies, long and short term, and methods to get to know your business better.

Todd & Sam discuss how a small business can get on the front foot when it comes to debt recovery, along with how cash flow management is a key ingredient to the success of any small business.