Debtor in Possession

With the new rules coming into operation in early 2021, it is opportune to work out if the debtor in possession structure will be appropriate for your business. The debtor in possession rules will allow a business to continue to trade, and for the owners to continue to operate the business without the limitations of […]

C&D Adapting to rapidly changing landscape

Over the next few weeks, there will be a new colour and a change of logo to the C&D presence as we continue to adapt to the changing economic landscape. The last six months have been challenging for most businesses and we have been in the same boat. Whilst missing our Yeronga home, the opportunity […]

Moving office

The team has relocated to 110A Hoff Street Mt Gravatt and will be operating from here for the rest of 2020. The change has brought a further flexibility that we feel better aligns with the changing marketplace and hopefully will allow us to be more adaptable. We are retaining the offices in Geelong and Sydney, […]

Staff member leaving?

It can be a tricky time when an employee leaves an organisation even in the most amicable situations. There can be a lot to arrange or rearrange to protect the business during the transition. The difference for an SME is principally that all these issues fall to the CEO, CFO, chief cook and bottle washer […]

Terminating a lease

When Australian property owners and business owners enter into a commercial lease agreement, there are generally specific terms outlining the duties of both parties, the duration of the agreement, and any special terms, such as early termination. Choosing to end a commercial lease before the designated terms of the agreement (typically at least three years) can be […]

Training courses for employees

Running a successful small business sometimes requires an upskilled team. If you need your employees to grow their expertise in a particular area, spotting them for short-courses, seminars, one-day intensives or a bunch of “101s” can be a worthwhile endeavour. For example, accounting firms generally pay for their employees’ CA or CPA program course fees. When […]

Novated Leases

A novated lease is a popular way for employers to reward and incentivise their staff. Through a salary sacrifice arrangement that includes a novated lease, employees are provided with a vehicle and can also reduce their personal tax liability. However, employees should understand how fringe benefits tax (FBT) might apply to their arrangement and what […]

Food and GST

There may be several positives to come out of the government’s push for tax reform, with the various submissions to its Re:think initiative from industry and the wider taxpaying community. But certainly one of these positive outcomes is that Australian taxpayers have been talking and thinking about tax reform with increased enthusiasm. One area of tax legislation, […]

Initial repairs

The ATO frequently re-focuses its attention on claims that investment property owners make for repairs to rental residences that it deems to in fact be “improvements”. The scenario where investment properties have work done on them often happens shortly after the property is purchased, and has led to the term “initial repair” being commonly used […]

Managing Cash Flow

The cash flow is the lifeblood of your business. Poorly managed, it can start to hurt the profitability and stability of your business, and as such it’s important to keep close track of and control over the way that cash moves through the business. There’s a popular saying that 60% of businesses that go bust are still […]