Brealey Quill Kenny Blogs

Do you earn extra money from sharing goods and services?

Running a business can be tough, so you may be doing other things outside your business to supplement your income, such as participating in the sharing economy. What is the sharing economy? The sharing economy connects buyers and sellers, usually through an app or a website. Sometimes sellers may bid against other sellers to win...
Read More

Looking for a way to reduce Payroll Tax?

For each eligible employee who undertakes a Traineeship, your business could potentially exclude that employee’s wage from WA Payroll Tax (5.5%). Example: For an employee earning $50,000, and based on the Payroll Tax of 5.5%, your business could save $2,750 in Payroll Tax for each year while the trainee completes the Traineeship. In order to qualify for exemptions,...
Read More

Hiring new Staff?

Last year government agencies teamed up with small business owners to work out how they could give employers more clarity about their responsibilities when hiring staff. The Taking on an employee small business fix-it squad has developed a simple checklist that guides employers through the federal and state laws. The checklist includes access to: a tool...
Read More

Get a wage subsidy up to $10,000 for new staff

You can receive a wage subsidy of up to $10,000 when you hire and retain eligible mature age staff through the Australian Government’s recruitment service jobactive. Mature workers aged 50 years and over can help your business grow and thrive. As well as having broad skills and a wealth of experience, mature age job seekers...
Read More

Legal protection for your assets

Is your business: Selling goods on retention of title? Hiring, renting or leasing out goods? Buying or selling valuable second-hand goods or assets? Looking to raise finance using stock or other assets as collateral? If yes, the Personal Property Securities Register (also known as the PPSR) can provide you with valuable legal protection and peace...
Read More

Super guarantee payments: High risk industries identified by ATO

The ATO says that it regularly identifies industries that it has found to be more at risk of dropping the ball on superannuation guarantee (SG) obligations. This can take the form of not paying the compulsory 9.5% on a regular basis in more serious cases, but also covers other obligations regarding SG, such as offering...
Read More

Warning on Bank advice to business owners

Some banks are advising customers with business accounts to transfer excess cash to pay down the business owner’s home loan. While it might sound like common sense to use the excess cash in your business, there are significant potential problems for business owners who do this. Money in your business account is the money of...
Read More

Your new Ombudsman’s office is open for business

On 15 March 2016, Minister for Small Business and Assistant Treasurer, the Hon Kelly O’Dwyer launched the Office of the Australian Small Business and Family Enterprise Ombudsman. Ms Kate Carnell AO was appointed to the Ombudsman role. Ms Carnell AO brings extensive experience and knowledge to the position, including 15 years of running her own...
Read More

Superstream – 30 June 2016 Deadline Approaching

A friendly reminder that if you are an employer you have until 30 June 2016 to be using a certified SuperStream compliant service when you pay and report employee super contributions. SuperStream is part of the government’s Super Reform package with the aim of providing a consistent, reliable electronic method of transacting linked data and...
Read More

Where there is a Will, There is a Way

For most people, sitting down to write a will ranks slightly higher on the priority list than going to the dentist for a root canal (and usually not by much).  Trying to plan for what happens to your estate can be a daunting task.  You are not alone.  According to research, approximately half of Australians...
Read More
Read More